economic reform
IMF hails Egypt progress in its economic reform program
Business
July 4, 2018
IMF hails Egypt progress in its economic reform program
In its third review, the International Monetary Fund (IMF) has praised the progress Egypt made in it’s economic reforms…
President Sisi calls on Egyptians to endure tough subsidy cuts
Egypt
June 13, 2018
President Sisi calls on Egyptians to endure tough subsidy cuts
President Abdel Fattah al-Sisi urged Egyptians to bear the new challenges of the recent subsidy cuts from the government in…
King warns Jordan ‘at crossroads’ over economic protests
Middle East
June 5, 2018
King warns Jordan ‘at crossroads’ over economic protests
Jordan’s King Abdullah II has warned that the country is “at a crossroads”, after a week of anti-austerity protests that…
Egypt’s economic growth to reach 5.2% in 2018: IMF
Economy
April 18, 2018
Egypt’s economic growth to reach 5.2% in 2018: IMF
The International Monetary Fund (IMF) expects economic growth in Egypt to reach 5.2 percent in 2018 and 5.5 percent in 2019,…
Egypt’s economic structure is at a turning point: IMF director
Economy
February 5, 2018
Egypt’s economic structure is at a turning point: IMF director
Managing Director of the International Monetary Fund (IMF) Christine Lagarde said on Sunday that Egypt is currently undergoing a turning…
IMF expects no additional taxes in Egypt in 2018
Business
February 5, 2018
IMF expects no additional taxes in Egypt in 2018
IMF Director for the Middle East and Central Asia Department Jihad Azour predicts that no additional taxes will be implemented…
Egypt sees growth for FY 2018-19 at 5.8 percent -minister
Economy
January 30, 2018
Egypt sees growth for FY 2018-19 at 5.8 percent -minister
Egypt is targeting economic growth of 5.8 percent in the financial year that will begin in July, Planning Minister Hala…
Egypt signs 3rd tranche of budget support loan with African Development Bank
Business
January 29, 2018
Egypt signs 3rd tranche of budget support loan with African Development Bank
Egypt Minister of Investment and International Cooperation Sahar Nasr on Sunday signed third and final tranche budget support loan worth…
Egypt to receive third IMF loan installment within days: CBE source
Egypt
December 22, 2017
Egypt to receive third IMF loan installment within days: CBE source
A high-level source at the Central Bank of Egypt (CBE) said on Thursday that Egypt will receive the third installment…
Middle-class Egypt adapts to survive as austerity bites
Egypt
December 15, 2017
Middle-class Egypt adapts to survive as austerity bites
Swapping new cars for cheaper models, cutting back on pricy supermarket shopping and giving up holidays abroad, middle-class Egyptians are…