International Monetary Fund (IMF)
US dollar prices decline in Egyptian banks
Economy
September 19, 2019
US dollar prices decline in Egyptian banks
US dollar exchange rates declined against the Egyptian Pound on Thursday in bank dealings following decreases in the dollar’s value…
Lebanon PM says accelerating reforms to rein in public debt: CNBC
Economy
September 4, 2019
Lebanon PM says accelerating reforms to rein in public debt: CNBC
BEIRUT (Reuters) – Lebanese Prime Minister Saad al-Hariri said his government would aim to cut the budget deficit to 7%…
Opinion: Imran Khan — One year of stumbling ineptitude
World
August 16, 2019
Opinion: Imran Khan — One year of stumbling ineptitude
When Imran Khan was elected as Pakistan’s prime minister on August 17, 2018, some Pakistanis saw him as the the best…
Congo’s bread basket struggles to recover from conflict
World
August 8, 2019
Congo’s bread basket struggles to recover from conflict
“The trains are running again. We have peace,” says Didier, the station master at Mindouli, in the Republic of Congo’s…
Egypt’s foreign currency reserves increase to US$44.916 bn in July: CBE
Business
August 7, 2019
Egypt’s foreign currency reserves increase to US$44.916 bn in July: CBE
The Central Bank of Egypt (CBE) said on Tuesday that the value of the country’s foreign currency reserves reached US$44.916…
Saudi Arabia deposits $250 million in Sudan central bank
Middle East
August 7, 2019
Saudi Arabia deposits $250 million in Sudan central bank
DUBAI (Reuters) – Saudi Arabia has deposited $250 million into the central bank of Sudan to support its financial position,…
Egypt’s GDP growth seen slowing to 5.5% in current fiscal year: Reuters poll
Egypt
July 25, 2019
Egypt’s GDP growth seen slowing to 5.5% in current fiscal year: Reuters poll
CAIRO (Reuters) – Egypt’s economic growth is expected to slow to 5.5% in the fiscal year that began this month,…
CAMPAS: Foreigners working at Egypt’s private sector rise by 9.7 percent
Economy
July 15, 2019
CAMPAS: Foreigners working at Egypt’s private sector rise by 9.7 percent
The Central Agency for Public Mobilization and Statistics (CAMPAS) released their annual statistics showing that the number of foreigners working…
Egyptian-American economist nominated to be IMF’s next managing director
Egypt
July 9, 2019
Egyptian-American economist nominated to be IMF’s next managing director
Former Deputy Director of the International Monetary Fund (IMF), Egyptian-American economist Mohamed al-Erian has been nominated to succeed Christine Lagarde…
News IMF approves $6 bn loan for Pakistan
World
July 4, 2019
News IMF approves $6 bn loan for Pakistan
The International Monetary Fund on Wednesday approved a $6 billion, three-year loan for Pakistan to help right the South Asian…