International Monetary Fund (IMF)
Tax revenues represent over 80 percent of Egypt’s state budget in Egypt: Official
Business
November 29, 2020
Tax revenues represent over 80 percent of Egypt’s state budget in Egypt: Official
The Egyptian Tax Authority’s (ETA) revenues represent more than 80 percent of the state’s general budget, said an official within…
Sisi holds two meetings, discussing IMF’s economic evaluation and clean energy vehicles
Business
November 22, 2020
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
November 21, 2020
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
November 10, 2020
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
October 20, 2020
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
October 19, 2020
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
October 17, 2020
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
August 31, 2020
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
August 11, 2020
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
July 22, 2020
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…