IMF

Sisi announces 7 measures aimed at easing economic hardship
Egypt

Sisi announces 7 measures aimed at easing economic hardship

Egypt is set to carry out numerous measures to “ease the burdens of the average Egyptian citizen,” President Abdel Fattah…
Egypt’s inflation falls for first time since currency float
Economy

Egypt’s inflation falls for first time since currency float

Egypt’s annual consumer price inflation fell to 30.9 percent in May, compared to 32.9 percent in April, the Central Agency…
Tunisia protesters close oil pumping station after army standoff
Middle East

Tunisia protesters close oil pumping station after army standoff

Tunisian protesters shut an oil pumping station that feeds a coastal terminal on Saturday after a standoff with troops, escalating…
US dollar bond yields jump in Egypt: Bloomberg
Business

US dollar bond yields jump in Egypt: Bloomberg

The US dollar bond yields in Egypt have jumped this year, causing the cost of borrowing to reach its lowest…
Worries over Trump policies cloud start of IMF, World Bank meetings
Business

Worries over Trump policies cloud start of IMF, World Bank meetings

World finance leaders are gathering on US President Donald Trump's home turf on Thursday to try to nudge his still-evolving…
IMF chief praises economic reform progress in Egypt
Business

IMF chief praises economic reform progress in Egypt

President Abdel Fattah al-Sisi met with Christine Lagarde, Managing Director of the International Monetary Fund, on Wednesday while on an official visit in Washington.
Egypt’s economic reforms have effect on macroeconomics: World Bank official
Business

Egypt’s economic reforms have effect on macroeconomics: World Bank official

The recent economic reforms applied by the Egyptian government have an important effect on the macroeconomic package, in addition to…
Egypt’s economy to grow 3.9 percent in 2016/17, missing government target: poll
Business

Egypt’s economy to grow 3.9 percent in 2016/17, missing government target: poll

Egypt's economy will expand by 3.9 percent in the fiscal year ending in June, missing the government's target of around…
Negotiations for $12 bn IMF loan going smoothly: finance minister
Business

Negotiations for $12 bn IMF loan going smoothly: finance minister

Finance Minister Amr al-Garhy has announced that talks with an International Monetary Fund delegation, which is currently visiting Cairo, have…
IMF request fully floating Egyptian pound: senior gov’t official
Business

IMF request fully floating Egyptian pound: senior gov’t official

A senior government official has revealed an International Monatery Fund (IMF) suggestion to fully float the Egyptian pound against the…
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