IMF loan
Egypt plans to end fuel subsidies within three years
Business
August 23, 2016
Egypt plans to end fuel subsidies within three years
Egypt plans to end fuel subsidies within three years and is aiming to increase fuel prices to 65 percent of…
After IMF deal, Egypt’s Sisi says will not hesitate on tough reforms
Egypt
August 13, 2016
After IMF deal, Egypt’s Sisi says will not hesitate on tough reforms
Egyptian President Abdel Fattah al-Sisi said on Saturday he was committed to pushing through the reforms necessary to turn the…
Sisi warns tough measures to fix economy are looming
Egypt
August 1, 2016
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
August 1, 2016
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
July 28, 2016
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
July 27, 2016
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
April 17, 2016
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
April 13, 2014
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
November 25, 2013
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
November 12, 2013
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…