IMF loan

IMF’s loan to Egypt not linked to Gaza crisis, official assures
Business

IMF’s loan to Egypt not linked to Gaza crisis, official assures

The Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), Jihad Azour said there…
IMF sees ‘excellent progress’ in talks with Egypt
Business

IMF sees ‘excellent progress’ in talks with Egypt

An International Monetary Fund (IMF) official said that the fund continues to make excellent progress on discussions with the Egyptian…
IMF in the final stage of formulating increased financing for Egypt
Business

IMF in the final stage of formulating increased financing for Egypt

The International Monetary Fund (IMF) is formulating a new financial support package for Egypt, following upon its plans to increase…
IMF reportedly increasing loan to Egypt to US$8 billion: TV host
Business

IMF reportedly increasing loan to Egypt to US$8 billion: TV host

Egyptian TV host Lamis al-Hadidi said on Tuesday during her show “Last Word” (Kalema Akhera) that there is upcoming news…
Egyptian pound price expected to drop by end of 2023: economists
Business

Egyptian pound price expected to drop by end of 2023: economists

In a poll published by Reuters, Thursday, economists expect that the value of the Egyptian pound against the US dollar…
No third flotation of the Egyptian pound: economist
Business

No third flotation of the Egyptian pound: economist

Economist Mostafa Badra denied a third flotation of the Egyptian pound. Badra revealed the details of Egypt obtaining a US$3…
Importers Division expects breakthrough in market after December 16
Business

Importers Division expects breakthrough in market after December 16

A member of the Importers Division of the Chamber of Commerce expects a breakthrough on the market after December 16.…
Egypt obtains IMF loan worth $3 bln
Economy

Egypt obtains IMF loan worth $3 bln

The head of the International Monetary Fund (IMF) mission to Egypt announced in a press conference, on Thursday, held with…
IMF loan to not solve economic crisis in Egypt radically: economist
Economy

IMF loan to not solve economic crisis in Egypt radically: economist

The IMF loan will not radically solve the economic crisis in Egypt, Hisham Badawy, an economist, stressed, adding that rationalizing…
Senior economist expects IMF loan to Egypt to be approved soon
Business

Senior economist expects IMF loan to Egypt to be approved soon

Economist and former Deputy Assistant Governor of the Central Bank of Egypt, Hani Geneina, expected that the International Monetary Fund…
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