International Monetary Fund (IMF)

US dollar exchange rates on Wednesday
Business

US dollar exchange rates on Wednesday

The US dollar maintained different exchange rates in all banks on Wednesday, but remained above LE17.60 in dealings. The lowest…
Lebanon wins pledges exceeding $10 billion in Paris: finance minister
Middle East

Lebanon wins pledges exceeding $10 billion in Paris: finance minister

Lebanon won pledges of grants and loans exceeding $10 billion on Friday at a Paris conference aimed at rallying international…
Egypt govt prepares for second phase of reform program to boost ailing economy
Economy

Egypt govt prepares for second phase of reform program to boost ailing economy

Egypt Prime Minister Sherif Ismail said on Monday that he met the Governor of the Central Bank of Egypt Tariq…
Egypt’s economic structure is at a turning point: IMF director
Economy

Egypt’s economic structure is at a turning point: IMF director

Managing Director of the International Monetary Fund (IMF) Christine Lagarde said on Sunday that Egypt is currently undergoing a turning…
IMF official expects Egypt growth rate around 5% in 2018
Business

IMF official expects Egypt growth rate around 5% in 2018

Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF) Jihad Azour expects Egypt’s economic…
Egypt sees growth for FY 2018-19 at 5.8 percent -minister
Economy

Egypt sees growth for FY 2018-19 at 5.8 percent -minister

Egypt is targeting economic growth of 5.8 percent in the financial year that will begin in July, Planning Minister Hala…
Fitch Ratings raises Egypt’s financial outlook to ‘positive’
Business

Fitch Ratings raises Egypt’s financial outlook to ‘positive’

Fitch Ratings Inc., one of the three biggest credit rating agencies in the world, raised Egypt’s long-term Foreign-Currency Issuer Default…
10 suggestions for the upcoming president of Egypt
Opinion

10 suggestions for the upcoming president of Egypt

Sometimes I am a dreamer. I reject reality because life is bigger than it, and I think we live a…
Meet Rania Mashat, Egypt’s first female Tourism Minister, set to revolutionize the industry
Egypt

Meet Rania Mashat, Egypt’s first female Tourism Minister, set to revolutionize the industry

Prime Minister Sherif Ismail’s latest cabinet changes took a step towards female empowerment, with two of the four newly-appointed ministers…
Egypt’s central bank keeps interest rates unchanged
Economy

Egypt’s central bank keeps interest rates unchanged

Egypt’s central bank kept its key interest rates unchanged on Thursday as inflation remained in double digits a year after…
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