IMF loan

Egypt obtains IMF loan worth $3 bln
Economy

Egypt obtains IMF loan worth $3 bln

The head of the International Monetary Fund (IMF) mission to Egypt announced in a press conference, on Thursday, held with…
IMF loan to not solve economic crisis in Egypt radically: economist
Economy

IMF loan to not solve economic crisis in Egypt radically: economist

The IMF loan will not radically solve the economic crisis in Egypt, Hisham Badawy, an economist, stressed, adding that rationalizing…
Senior economist expects IMF loan to Egypt to be approved soon
Business

Senior economist expects IMF loan to Egypt to be approved soon

Economist and former Deputy Assistant Governor of the Central Bank of Egypt, Hani Geneina, expected that the International Monetary Fund…
Egypt’s foreign currency reserves down by US$ 1.628 billion in May, CBE
Economy

Egypt’s foreign currency reserves down by US$ 1.628 billion in May, CBE

The Central Bank of Egypt (CBE) said that the foreign currency reserves reached about US$35.495 billion at the end of…
Egypt’s fuel subsidy bill drops by 69% year on year July-Sept: Minister
Business

Egypt’s fuel subsidy bill drops by 69% year on year July-Sept: Minister

CAIRO, Dec 8 (Reuters) – Egypt’s spending on fuel subsidies dropped by about 69 percent year on year to 7.25…
Egypt’s foreign currency reserves increase to US$44.916 bn in July: CBE
Business

Egypt’s foreign currency reserves increase to US$44.916 bn in July: CBE

The Central Bank of Egypt (CBE) said on Tuesday that the value of the country’s foreign currency reserves reached US$44.916…
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…
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…
Last loan!
Opinion

Last loan!

The fact that we won’t ask for a new loan from the International Monetary Fund (IMF), with the final tranche…
IMF agrees with Egyptian authorities on fifth review of Egypt’s economic reform program
Business

IMF agrees with Egyptian authorities on fifth review of Egypt’s economic reform program

The International Monetary Fund (IMF) mission to Cairo reached a staff-level agreement with the Egyptian authorities for the completion of…
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