IMF

Saudi Arabia deposits $250 million in Sudan central bank
Middle East

Saudi Arabia deposits $250 million in Sudan central bank

DUBAI (Reuters) – Saudi Arabia has deposited $250 million into the central bank of Sudan to support its financial position,…
Egypt’s GDP growth seen slowing to 5.5% in current fiscal year: Reuters poll
Egypt

Egypt’s GDP growth seen slowing to 5.5% in current fiscal year: Reuters poll

CAIRO (Reuters) – Egypt’s economic growth is expected to slow to 5.5% in the fiscal year that began this month,…
Finance Minister expresses pride in Egypt’s economic performance
Economy

Finance Minister expresses pride in Egypt’s economic performance

During a press conference on Wednesday at the Cabinet headquarters to announce the Cabinet’s economic performance, Minister of Finance Mohamed…
Cabinet: Egypt is not seeking a new IMF loan
Business

Cabinet: Egypt is not seeking a new IMF loan

Egypt is not seeking a new loan from the International Monetary Fund (IMF) following the end of its current US$12…
News IMF approves $6 bn loan for Pakistan
World

News IMF approves $6 bn loan for Pakistan

The International Monetary Fund on Wednesday approved a $6 billion, three-year loan for Pakistan to help right the South Asian…
Minister: Egypt consulting with IMF over future cooperation
Business

Minister: Egypt consulting with IMF over future cooperation

Egypt’s Finance Minister Mohamed Maait announced Friday that there are consultations between Egypt and the International Monetary Fund (IMF) regarding…
G20 says worsening trade wars pose risk to world economy
World

G20 says worsening trade wars pose risk to world economy

The world’s top financial policymakers admitted Sunday that trade tensions had worsened, posing a risk for the global economy, after…
Electricity prices to increase in July: minister
Egypt

Electricity prices to increase in July: minister

The Minister of Electricity and Renewable Energy Mohamed Shaker revealed that the new increase in electricity prices, which will be…
Egypt’s Social Solidarity Minister, IMF discuss social protection programs
Egypt

Egypt’s Social Solidarity Minister, IMF discuss social protection programs

Egypt’s Minister of Social Solidarity Ghada Wali met with Assistant Director for the Middle East and Central Asia Department of…
Egypt expects IMF loan final tranche in July – deputy finance minister
Economy

Egypt expects IMF loan final tranche in July – deputy finance minister

CAIRO, May 7 (Reuters) – Egypt expects, in principle, to receive the final tranche of about $2 billion of its…
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