International Monetary Fund (IMF)

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…
IMF approves US$5.2 billion loan for Egypt against COVID-19
Business

IMF approves US$5.2 billion loan for Egypt against COVID-19

The International Monetary Fund (IMF) approved on Friday a 12-month US$5.2 billion Stand-By Arrangement (SBA) loan for Egypt. The new…
US dollar to Egyptian pound exchange rates show slight increase in favor of dollar
Egypt

US dollar to Egyptian pound exchange rates show slight increase in favor of dollar

US dollar to Egyptian pound exchange rates increased by two piasters in favor of the dollar on Thursday, continuing a…
Egypt’s US$ 5.2 billion IMF loan arrives in second half of June: Experts
Business

Egypt’s US$ 5.2 billion IMF loan arrives in second half of June: Experts

The Egyptian government is set to receive its US$5.2 billion one-year International Monetary Fund (IMF) loan within the second half…
Egypt reaches agreement with IMF to receive US$5.2 billion
Economy

Egypt reaches agreement with IMF to receive US$5.2 billion

Egypt has reached a staff-level agreement with the International Monetary Fund (IMF) for a 12 month US$5.2 billion Stand-By Arrangement…
US dollar exchange rates in Egypt continue to rise
Economy

US dollar exchange rates in Egypt continue to rise

US dollar–Egyptian pound exchange rates in banks across Egypt increased in favor of the dollar on Tuesday. The exchange rate…
On debt-stricken Lebanon, investors see little room for optimism
Middle East

On debt-stricken Lebanon, investors see little room for optimism

LONDON (Reuters) — Emerging market investors are no strangers to sovereign debt crises, but few have been as perilous as…
IMF approves US$2.77 billion support to Egypt to address coronavirus
Business

IMF approves US$2.77 billion support to Egypt to address coronavirus

The executive board of the International Monetary Fund (IMF) has approved Egypt’s request for emergency financial assistance of US$2.772 billion…
IMF discusses Egypt’s request for loan to counter coronavirus
Economy

IMF discusses Egypt’s request for loan to counter coronavirus

The International Monetary Fund (IMF) on Monday began discussing Egypt’s request for a new loan to counter the spread of…
Egypt requests fresh financial package from the IMF to counter coronavirus
Business

Egypt requests fresh financial package from the IMF to counter coronavirus

The Egyptian government and the Central Bank of Egypt have requested a new financial package from the International Monetary Fund…
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