IMF
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…
Egypt’s new program with IMF won’t entail more burdens on citizens: Minister
Egypt
March 26, 2022
Egypt’s new program with IMF won’t entail more burdens on citizens: Minister
Egyptian Finance Minister Mohamed Maait assured that the state’s latest program with the International Monetary Fund does not include any…
Egypt officially requests IMF support with new economic reform program
Business
March 24, 2022
Egypt officially requests IMF support with new economic reform program
In light of the current economic developments, Egypt has submitted a request to the International Monetary Fund (IMF) to start…
Lebanon’s Maronite Patriarch calls for timely elections, cooperation with IMF
Middle East
February 9, 2022
Lebanon’s Maronite Patriarch calls for timely elections, cooperation with IMF
BEIRUT, Feb 9 (Reuters) – Lebanon’s top Christian cleric, Bechara Boutros Al-Rai, said on Wednesday that the country should cooperate…
World Bank berates Lebanon’s elite for ‘zombie’ economy
Middle East
January 25, 2022
World Bank berates Lebanon’s elite for ‘zombie’ economy
DUBAI, Jan 25 (Reuters) – The World Bank blasted Lebanon’s ruling class on Tuesday for “orchestrating” one of the world’s…