IMF
Egypt obtains IMF loan worth $3 bln
Economy
October 27, 2022
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…
Central banks add 270 tons of gold reserves so far in 2022
World
August 22, 2022
Central banks add 270 tons of gold reserves so far in 2022
Central banks around the world continue to add gold to their reserves, with 270 tons of gold added since the…
CBE decision to fix interest rate contradicts expectations: expert
Business
August 19, 2022
CBE decision to fix interest rate contradicts expectations: expert
The decision of the Monetary Policy Committee of the Central Bank came in contravention of the expectations of most international…
Egypt, IMF imminent to agree on new loan
Business
July 28, 2022
Egypt, IMF imminent to agree on new loan
An agreement with the International Monetary Fund (IMF) on a new cooperation program is imminent, and that the Egyptian government…
CBE governor to chair annual meetings of World Bank Group and IMF in October
Business
May 26, 2022
CBE governor to chair annual meetings of World Bank Group and IMF in October
The World Bank Group has chosen Tarek Amer, Governor of the Central Bank of Egypt (CBE), to chair the upcoming…
Cash reserves within safe limits, cover six months: Banque du Caire head
Business
May 19, 2022
Cash reserves within safe limits, cover six months: Banque du Caire head
The Central Bank of Egypt uses its tools with flexibility and unconventional form to maintain price levels, Tarek Fayed, Chairman…
Egypt’s public debt to GDP ratio expected to decline to pre-pandemic levels: IMF
Business
April 28, 2022
Egypt’s public debt to GDP ratio expected to decline to pre-pandemic levels: IMF
The International Monetary Fund (IMF) expects that the ratio of public debt to GDP in Egypt will decline to the…
Egypt presents its economic reform experience at the World Bank and IMF Spring Meetings
Economy
April 24, 2022
Egypt presents its economic reform experience at the World Bank and IMF Spring Meetings
Egyptian Finance Minister Mohamed Maait presented his country’s experience in economic reform before the Spring Meetings of the World Bank…
Lebanon declares bankruptcy, government appeals to stop losses
Business
April 4, 2022
Lebanon declares bankruptcy, government appeals to stop losses
Deputy Prime Minister of the Lebanese Government Saadeh al-Shami announced on Monday “the bankruptcy of the state and the…
In support of Egypt, Saudi Arabia provides billions as a deposit with CBE
Egypt
March 30, 2022
In support of Egypt, Saudi Arabia provides billions as a deposit with CBE
The Kingdom of Saudi Arabia in implementation of the directives of the Custodian of the Two Holy Mosques, King…