IMF
Prime Minister issues regulation of Egypt’s Sovereign Wealth Fund
Business
March 3, 2019
Prime Minister issues regulation of Egypt’s Sovereign Wealth Fund
Prime Minister Mostafa Madbouly on Thursday issued the basic regulation of Egypt’s Sovereign Wealth Fund (SWF), which the government founded…
Electricity prices to increase to cover subsidy shortage: Min.
Economy
February 28, 2019
Electricity prices to increase to cover subsidy shortage: Min.
The government has to support the domestic consumption of electricity with subsidies up to LE 46.7 billion; however, the amount…
Egypt is experienced in governance, combating corruption and more: Finance Minister
Egypt
February 11, 2019
Egypt is experienced in governance, combating corruption and more: Finance Minister
Egypt is richly experienced in governance, the automation of government financial payments, combating corruption, increasing transparency of the public finance…
US team in Beijing for trade talks after IMF ‘storm’ warning
World
February 11, 2019
US team in Beijing for trade talks after IMF ‘storm’ warning
US negotiators met with their Chinese counterparts in Beijing Monday for a new round of high-stakes trade talks, hoping to…
IMF’s Lagarde praises Egypt’s reforms against administrative corruption
Economy
February 11, 2019
IMF’s Lagarde praises Egypt’s reforms against administrative corruption
Christine Lagarde, managing director of the International Monetary Fund (IMF) praised Egypt’s intense efforts in fighting administrative corruption, during a…
Pakistan starts behind-scenes aid to US-Taliban talks
Middle East
February 8, 2019
Pakistan starts behind-scenes aid to US-Taliban talks
WASHINGTON/PESHAWAR, Pakistan (Reuters) – Pakistan, long at odds with the United States over the war in Afghanistan, has begun to…
World Bank leadership search likely to end with US candidate — again
World
February 5, 2019
World Bank leadership search likely to end with US candidate — again
The search for a new leader for one of the most high-profile global organizations begins Thursday and seems likely to…
Egypt’s economy to maintain growth at 5.2% in 2019 owing to domestic demand recovery: UN Report
Economy
January 22, 2019
Egypt’s economy to maintain growth at 5.2% in 2019 owing to domestic demand recovery: UN Report
Over the past few years, Egypt has seen remarkable domestic demand particularly in private consumption, which estimates that the…
Tunisia’s largest union starts nationwide strike over pay
Middle East
January 17, 2019
Tunisia’s largest union starts nationwide strike over pay
TUNIS (Reuters) – Rail, bus and air traffic stopped in Tunisia on Thursday after the powerful Tunisian General Labor Union…
Govt to completely lift fuel subsidies in 2020: minister
Economy
January 8, 2019
Govt to completely lift fuel subsidies in 2020: minister
Subsidies on hydrocarbons will be completely canceled by the Egyptian government in 2020, Petroleum Minister Tarek al-Mulla said, adding that…