International Monetary Fund (IMF)
IMF lowers growth expectations for Egypt economy for the 3rd time
Business
January 31, 2024
IMF lowers growth expectations for Egypt economy for the 3rd time
The International Monetary Fund (IMF) lowered its growth expectations for the Egyptian economy during 2024, while maintaining its expectations for…
IMF reportedly increasing loan to Egypt to US$8 billion: TV host
Business
January 31, 2024
IMF reportedly increasing loan to Egypt to US$8 billion: TV host
Egyptian TV host Lamis al-Hadidi said on Tuesday during her show “Last Word” (Kalema Akhera) that there is upcoming news…
Expert explains Egyptian state’s economic plans up to 2030, including US dollar exchange rate
Business
January 8, 2024
Expert explains Egyptian state’s economic plans up to 2030, including US dollar exchange rate
The assistant to the Prime Minister and Head of the Information and Decision Support Center at the Egyptian Cabinet (IDSC),…
Egypt’s foreign financing decreases by more than a third in 2023
Business
December 19, 2023
Egypt’s foreign financing decreases by more than a third in 2023
Egypt received US$8.8 billion in external financing for the government and private sectors in 2023, a decrease of 35.7 percent…
Sisi expresses appreciation of fruitful partnership between Egypt, IMF
Egypt
December 2, 2023
Sisi expresses appreciation of fruitful partnership between Egypt, IMF
DUBAI, UAE, Nov 30 (MENA) – President Abdel Fattah al-Sisi expressed his appreciation of the fruitful partnership between Egypt and…
Egypt puts 35 state-owned companies in 19 sectors on IPO until June 2024
Business
October 14, 2023
Egypt puts 35 state-owned companies in 19 sectors on IPO until June 2024
Egypt’s Finance Ministry announced offering up 35 state-owned companies in 19 sectors on IPO from October 2023 to June 2024,…
IMF to review Egypt’s reform program twice in September
Economy
August 13, 2023
IMF to review Egypt’s reform program twice in September
A former advisor to the International Monetary Fund (IMF) Fakhry al-Fiqi said Saturday that the second review to the Egyptian…
IMF welcomes outcomes of Egypt government IPO program
Business
July 17, 2023
IMF welcomes outcomes of Egypt government IPO program
The International Monetary Fund‘s spokesperson Julie Kozack welcomed the Egyptian government’s announcement that it had signed contracts to sell stakes…
World Bank issues negative forecast for Egypt’s economy
Business
April 8, 2023
World Bank issues negative forecast for Egypt’s economy
The World Bank lowered its forecast for Egypt’s gross domestic product growth during the current fiscal year to four percent…
IMF anticipates US$ 2.5 billion in proceeds from Egypt’s asset divestment program
Egypt
January 17, 2023
IMF anticipates US$ 2.5 billion in proceeds from Egypt’s asset divestment program
The International Monetary Fund said that the expected proceeds from the ongoing state asset divestment program amount to $2.5 billion…