International Monetary Fund (IMF)
US dollar exchange rates on Wednesday
Business
April 11, 2018
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
April 6, 2018
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
February 6, 2018
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
February 5, 2018
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
January 30, 2018
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
January 30, 2018
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
January 17, 2018
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
January 17, 2018
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
January 15, 2018
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
January 2, 2018
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…