International Monetary Fund
US dollar to Egyptian pound exchange rates show slight decline
Economy
July 21, 2020
US dollar to Egyptian pound exchange rates show slight decline
US dollar to Egyptian pound exchange rates at the Central Bank of Egypt recorded a slight decline on Monday, settling…
US dollar to Egyptian pound exchange rate declines by two piasters
Business
July 9, 2020
US dollar to Egyptian pound exchange rate declines by two piasters
The US dollar to Egyptian pound exchange rate declined by two piasters at the Central Bank of Egypt on Thursday,…
IMF predicts global recession, forecast for Egypt is positive
Business
April 15, 2020
IMF predicts global recession, forecast for Egypt is positive
The International Monetary Fund on Tuesday significantly reduced its expectations for global economic growth, anticipating a global recession amid the…
Coronavirus puts ‘fragile’ global recovery at risk: IMF to G20
World
February 24, 2020
Coronavirus puts ‘fragile’ global recovery at risk: IMF to G20
The deadly coronavirus epidemic could put an already fragile global economic recovery at risk, the IMF warned Sunday, as G20…
Coronavirus could damage global growth in 2020: IMF
World
February 17, 2020
Coronavirus could damage global growth in 2020: IMF
The coronavirus epidemic could damage global economic growth this year, the IMF head said Sunday, but a sharp and rapid…
Egypt’s foreign currency reserves up to $45.42 billion in December: CBE
Business
January 6, 2020
Egypt’s foreign currency reserves up to $45.42 billion in December: CBE
Egypt’s foreign currency reserves increased to US$45.42 billion in December compared to $45.35 billion in November, the Central Bank of…
World Bank sees Egypt economy growing 5.8% in 2019/20
Economy
October 11, 2019
World Bank sees Egypt economy growing 5.8% in 2019/20
The World Bank forecast on Thursday that Egypt’s economy would grow by 5.8 percent this fiscal year, marginally lower than…
Egypt’s foreign reserves increase to $44.969 bn: CBE
Business
September 4, 2019
Egypt’s foreign reserves increase to $44.969 bn: CBE
Egypt’s foreign reserves have increased by US$53 million to $44.969 billion in August, compared to $44.916 billion in July, the…
Egypt’s external debt increases to US$106 billion: CBE
Business
August 28, 2019
Egypt’s external debt increases to US$106 billion: CBE
The Central Bank of Egypt (CBE) stated on Tuesday that Egypt’s external debt increased by 10 percent to total US$106…
Sudanese face daunting challenges on path to democracy
Middle East
August 27, 2019
Sudanese face daunting challenges on path to democracy
CAIRO (AP) — For the first time in three decades, Sudan has charted a path out of military rule following…