International Monetary Fund (IMF)
Egypt participates in launching financing platform between 10 international banks
Business
April 22, 2024
Egypt participates in launching financing platform between 10 international banks
Minister of International Cooperation and Governor of Egypt at the World Bank Group, Rania al-Mashat, participated in the launch of…
IMF director: We are committed to supporting Egypt
Business
April 21, 2024
IMF director: We are committed to supporting Egypt
Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said the fund remains committed to supporting Egypt in going…
Egypt expects $1 billion from the World Bank to support the budget within two months
Business
April 19, 2024
Egypt expects $1 billion from the World Bank to support the budget within two months
Egypt expects to receive dedicated budget support of around $1 billion from the World Bank during the first half of…
Egypt among three Arab countries on the list of largest economies in Africa in 2024: IMF
Economy
April 18, 2024
Egypt among three Arab countries on the list of largest economies in Africa in 2024: IMF
Three Arab countries – Egypt, Algeria, and Morocco – are among the top ten largest economies in Africa in 2024,…
IMF official says Ras al-Hikma deal recognizes the potential of Egypt’s economy to generate additional tourism revenues
Business
April 10, 2024
IMF official says Ras al-Hikma deal recognizes the potential of Egypt’s economy to generate additional tourism revenues
International Monetary Fund (IMF) Mission Chief for Egypt Ivanna Vladkova Hollar said that the Ras al-Hikma deal, which is worth…
Egypt expects IMF agreement to stimulate more foreign financing
Egypt
March 31, 2024
Egypt expects IMF agreement to stimulate more foreign financing
Egypt expects its new agreement with the International Monetary Fund (IMF) to stimulate foreign support totaling US$20 billion for the…
IMF Executive Board approves expanded US$8 billion loan to Egypt
Business
March 30, 2024
IMF Executive Board approves expanded US$8 billion loan to Egypt
The Executive Board of the International Monetary Fund (IMF) on Friday completed the first and second reviews of the extended…
Goldman Sachs expects surplus in foreign financing to Egypt
Business
March 17, 2024
Goldman Sachs expects surplus in foreign financing to Egypt
The Goldman Sachs bank expects a surplus in foreign financing to Egypt worth US$26.5 billion over the next four years,…
Egypt awaits up to US$6 billion from the European Union
Business
March 12, 2024
Egypt awaits up to US$6 billion from the European Union
Egypt expects to receive about five to six billion dollars (LE246 to LE296 billion) in funding from the European Union…
IMF agrees to increase funding program for Egypt to $8 billion
Egypt
March 7, 2024
IMF agrees to increase funding program for Egypt to $8 billion
Prime Minister Mostafa Madbouly announced that Egypt signed an agreement on Wednesday with the International Monetary Fund (IMF) to increase…