International Monetary Fund (IMF)
US Dollar exchange rate in Egypt declines further
Business
June 2, 2019
US Dollar exchange rate in Egypt declines further
US dollar prices slightly declined against the Egyptian pound in several banks on Sunday. The US currency saw an average…
Last loan!
Opinion
May 29, 2019
Last loan!
The fact that we won’t ask for a new loan from the International Monetary Fund (IMF), with the final tranche…
Egypt’s economy seen growing 5.5 pct in year to end of June
Business
May 2, 2019
Egypt’s economy seen growing 5.5 pct in year to end of June
CAIRO (Reuters) – Egypt’s economy is expected to grow 5.5 percent in the fiscal year that ends in June, according…
Argentina: Thousands launch anti-austerity strike
World
May 1, 2019
Argentina: Thousands launch anti-austerity strike
Tens of thousands of Argentines protested against President Mauricio Macri’s austerity drive on Tuesday after labor unions began a 24-hour partial…
Egypt’s govt postpones abolishing electricity subsidies to 2022
Egypt
January 28, 2019
Egypt’s govt postpones abolishing electricity subsidies to 2022
Electricity Minister Mohammed Shaker announced Sunday that the lifting of electricity subsidies has been postponed from the 2018-2019 fiscal…
Economic reform program concludes in 2019: Egypt’s PM
Business
January 13, 2019
Economic reform program concludes in 2019: Egypt’s PM
Egyptian Prime Minister Mostafa Madbouly announced on Sunday that 2019 is expected to be the final phase of the…
Egypt to repay IMF loan starting in May 2021: Government sources
Business
August 25, 2018
Egypt to repay IMF loan starting in May 2021: Government sources
Egypt will begin repaying the International Monetary Fund (IMF) loan in May 2021 with a tranche worth US $2.75…
Egypt to host African Caucus for WB, IMF on Sunday and Monday
Business
August 4, 2018
Egypt to host African Caucus for WB, IMF on Sunday and Monday
Egypt will host the annual meetings for the African Caucus for the World Bank (WB) and the International Monetary…
IMF approves 4th tranche of Egypt’s $12 billion loan
Economy
June 30, 2018
IMF approves 4th tranche of Egypt’s $12 billion loan
Egypt received the approval of the International Monetary Fund (IMF) on Friday for its fourth tranche of its $12 billion…
New government formation to include around 9 ministers: Sources
Egypt
June 10, 2018
New government formation to include around 9 ministers: Sources
Official sources stated on Sunday that the new Prime Minister Mostafa Madbouly has secretly chosen the new government’s ministers.…