IMF
Sisi announces 7 measures aimed at easing economic hardship
Egypt
June 21, 2017
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
June 8, 2017
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
May 21, 2017
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
May 8, 2017
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
April 20, 2017
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
April 6, 2017
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
March 13, 2017
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
January 20, 2017
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
August 5, 2016
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
August 1, 2016
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…