International Monetary Fund (IMF)

Sisi holds two meetings, discussing IMF’s economic evaluation and clean energy vehicles
Business

Sisi holds two meetings, discussing IMF’s economic evaluation and clean energy vehicles

Egyptian President Abdel Fattah al-Sisi held two meetings on Saturday, one to discuss an agreement with the International Monetary fund…
Egypt tops emerging markets in containing inflation: Report
Business

Egypt tops emerging markets in containing inflation: Report

The Egyptian Cabinet media center announced Saturday that Egypt has topped all other emerging markets in containing inflation. According to…
Egypt’s headline inflation quickens to 4.5% in October
Business

Egypt’s headline inflation quickens to 4.5% in October

Egypt’s annual urban consumer price inflation rose to 4.5 percent in October from 3.7 percent in September, official statistics agency…
Egypt’s Mahmoud Mohieldin elected as IMF’s Executive Director
Business

Egypt’s Mahmoud Mohieldin elected as IMF’s Executive Director

The Egyptian candidate Mahmoud Mohieldin was elected unanimously on Monday to serve as the International Monetary Fund’s (IMF) executive director,…
IMF: Nearly all Mideast economies hit by pandemic recession
Middle East

IMF: Nearly all Mideast economies hit by pandemic recession

DUBAI, United Arab Emirates (AP) — The coronavirus pandemic has pushed nearly all Mideast nations into the throes of an…
Egypt’s economic performance amid coronavirus surpasses all expectations: Minister
Economy

Egypt’s economic performance amid coronavirus surpasses all expectations: Minister

Egyptian Finance Minister Mohamed Maait announced Saturday, that the Egyptian economy’s financial performance amid the coronavirus pandemic has exceeded all…
Newly designated Lebanese PM urges immediate reforms, IMF deal
Middle East

Newly designated Lebanese PM urges immediate reforms, IMF deal

BEIRUT (Reuters) – Lebanon’s prime minister-designate Mustapha Adib called on Monday for the formation of a new government in record…
IMF says Egypt prioritizes spending on health, education, and social protection
Business

IMF says Egypt prioritizes spending on health, education, and social protection

The International Monetary Fund (IMF) on Monday announced that Egypt is mobilizing its revenues to prioritize spending on health, education,…
US Dollar to Egyptian Pound exchange rates sees small increase
Economy

US Dollar to Egyptian Pound exchange rates sees small increase

The US dollar to Egyptian pound exchange rate at the Central Bank of Egypt increased on Wednesday to record LE15.92…
US dollar to Egyptian pound exchange rates decline at CBE on Tuesday
Business

US dollar to Egyptian pound exchange rates decline at CBE on Tuesday

The US dollar to Egyptian pound exchange rate declined at the Central Bank of Egypt on Tuesday to record LE16.10…
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