International Monetary Fund

Egypt T-bill yields surge, foreign cash may be needed
Business

Egypt T-bill yields surge, foreign cash may be needed

Yields at Egyptian Treasury bill auctions have hit levels last seen during the 2008 global financial crisis and traders said…
Egypt discusses finance package with Saudi, UAE
Business

Egypt discusses finance package with Saudi, UAE

Egypt is discussing financial packages for budgetary and other support with Saudi Arabia and the United Arab Emirates that could…
Egypt considers renegotiating loan with IMF
Business

Egypt considers renegotiating loan with IMF

Senior official sources have revealed that the Egyptian government is considering renegotiating with the International Monetary Fund (IMF) for a…
Egypt declines World Bank loan as incompatible with national interest
Egypt

Egypt declines World Bank loan as incompatible with national interest

The government has declined a loan from the World Bank because it found the terms of the loan incompatible with…
Jailed IMF chief under pressure to quit
World

Jailed IMF chief under pressure to quit

NEW YORK/WASHINGTON – Dominique Strauss-Kahn faced growing pressure to quit as head of the IMF after his arrest on attempted…
Finance minister: Egypt set to be a leading economy
Business

Finance minister: Egypt set to be a leading economy

Finance Minister Samir Radwan said on Thursday that the International Monetary Fund has confirmed that the Egyptian economy will be…
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