IMF loan

Sisi warns tough measures to fix economy are looming
Egypt

Sisi warns tough measures to fix economy are looming

President Abdel Fattah al-Sisi warned Egyptians on Monday that tough measures would be needed to turn the country's ailing economy…
IMF request fully floating Egyptian pound: senior gov’t official
Business

IMF request fully floating Egyptian pound: senior gov’t official

A senior government official has revealed an International Monatery Fund (IMF) suggestion to fully float the Egyptian pound against the…
IMF keen to support Egyptian economy with loan, boosting jobs: PM
Egypt

IMF keen to support Egyptian economy with loan, boosting jobs: PM

The Egyptian Prime Minister Sherif Ismail has commented on the planned visit of an International Monetary Fund (IMF) delegation, saying…
IMF mission in Cairo next week for talks on US$12bn bailout
Business

IMF mission in Cairo next week for talks on US$12bn bailout

The International Monetary Fund confirmed on Tuesday that Egypt has asked it for financial support program and said an IMF…
Egypt delays international bond issuance, is not in talks with IMF
Business

Egypt delays international bond issuance, is not in talks with IMF

Egypt will delay an international bond issuance until at least the first half of fiscal year 2016/17 and has not…
Egypt to need more financial support: IMF
Business

Egypt to need more financial support: IMF

Washington (AFP) - Egypt will need further international assistance to put its economy back on track despite receiving huge loans…
Government source: Gulf attempts to persuade Egypt to resume negotiations with IMF
Business

Government source: Gulf attempts to persuade Egypt to resume negotiations with IMF

Some Gulf countries have recently tried to persuade the government to go back to negotiations with the IMF on a…
IMF says still ready to aid Egypt when needed
Business

IMF says still ready to aid Egypt when needed

The International Monetary Fund remains ready to provide aid to Egypt when Cairo requests it, a senior IMF official said…
PM: Washington ready to back Egypt for IMF loan
Egypt

PM: Washington ready to back Egypt for IMF loan

Prime Minister Hazem al-Beblawy claimed Friday that the United States stands ready to back Egypt as negotiations for a planned…
IMF says still not talking to Egypt’s interim government
Business

IMF says still not talking to Egypt’s interim government

WASHINGTON - The International Monetary Fund said on Thursday it will not engage in talks about a possible $4.8 billion…
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