IMF loan

The International Monetary Fund has reiterated its support for Egypt in face of increasing economic challenges. Masood Ahmed, Director of…

A high-ranking official at the International Monetary Fund will meet on Monday with President Mohamed Morsy, Prime Minister Hesham Qandil…

The International Monetary Fund said Monday that it welcomed steps Egypt has taken to stop a drain on its international…

Egypt's budget deficit in the year to end-June 2013 could widen by 50 percent from the original forecast made in…

Egypt is not concerned about the dollar’s recent rise against the Egyptian pound, President Mohamed Morsy said Monday in statements…

Prime Minister Hesham Qandil said Sunday that although the country's economic situation is "difficult and critical," the country is not…

Turkey has immunized its US$2 billion loan to Egypt against variables such as a court ruling, said a government source.…

Talk of economic recovery has all but gone silent in Egypt, replaced by doomsday predictions about the depths to which…

Government spokesperson, Alaa al-Hadidy, on Wednesday said Egypt is far from the “frightening scenario” of bankruptcy. “Bankruptcy is normally preceded…

Egyptian President Mohamed Morsy will have little time to savor victory in pushing through a new constitution as it may…