IMF

Turkey to provide Egypt with US$2 billion in financing
Business

Turkey to provide Egypt with US$2 billion in financing

Turkey has agreed during a visit by Egyptian officials to Istanbul to provide Egypt with a US$2 billion financing package,…
EU pledges 500 million euros in macroeconomic aid
Business

EU pledges 500 million euros in macroeconomic aid

BRUSSELS — The European Union offered Egypt macroeconomic assistance of 500 million euros, as well as between 150 and 200…
US business leaders to visit Egypt amid debt cancelation questions
Egypt

US business leaders to visit Egypt amid debt cancelation questions

US Deputy Secretary of State Thomas Nides will accompany a major American business delegation visiting Egypt on Saturday, officials said,…
US delegation in favor of IMF loan, protesters say no
Business

US delegation in favor of IMF loan, protesters say no

The head of the US economic delegation said Wednesday that United States welcomes Egypt's negotiations with the IMF as the…
IMF loan, reforms ‘both vital for Egypt’
Egypt

IMF loan, reforms ‘both vital for Egypt’

International Monetary Fund approval of Egypt's request for nearly US$5 billion in aid would come as a vital boon to…
FJP to determine stance on IMF loan Sunday
Egypt

FJP to determine stance on IMF loan Sunday

  The FJP economic committee’s spokesperson Mohamed Gouda said Saturday the committee will hold a meeting Sunday to determine its…
Egypt may dispense part of the IMF loan, says offical
Egypt

Egypt may dispense part of the IMF loan, says offical

  The government is not obliged to withdraw the total value of the loan requested from the International Monetary Fund…
IMF envoys: Egypt visit is to express solidarity, not discuss loan details
Business

IMF envoys: Egypt visit is to express solidarity, not discuss loan details

The International Monetary Fund's delegation in Cairo met with representatives from the economic ministries to agree on the steps Egypt…
Back to the table, Egypt and the IMF
Opinion

Back to the table, Egypt and the IMF

Negotiations between the Egyptian government and the International Monetary Fund (IMF) have resumed. On Wednesday, the IMF’s managing director, Christine…
Lagarde, Qandil hope for IMF deal before end of year
Business

Lagarde, Qandil hope for IMF deal before end of year

The Egyptian government has entered negotiations with the International Monetary Fund for a US$4.8 billion loan, Prime Minister Hesham Qandil…
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