International Monetary Fund (IMF)

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…
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…
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