International Monetary Fund
World Bank sees Egypt economy growing 5.8% in 2019/20
Economy
October 11, 2019
World Bank sees Egypt economy growing 5.8% in 2019/20
The World Bank forecast on Thursday that Egypt’s economy would grow by 5.8 percent this fiscal year, marginally lower than…
Egypt’s foreign reserves increase to $44.969 bn: CBE
Business
September 4, 2019
Egypt’s foreign reserves increase to $44.969 bn: CBE
Egypt’s foreign reserves have increased by US$53 million to $44.969 billion in August, compared to $44.916 billion in July, the…
Egypt’s external debt increases to US$106 billion: CBE
Business
August 28, 2019
Egypt’s external debt increases to US$106 billion: CBE
The Central Bank of Egypt (CBE) stated on Tuesday that Egypt’s external debt increased by 10 percent to total US$106…
Sudanese face daunting challenges on path to democracy
Middle East
August 27, 2019
Sudanese face daunting challenges on path to democracy
CAIRO (AP) — For the first time in three decades, Sudan has charted a path out of military rule following…
Sources: Egypt’s government to sign agreement with IMF
Business
July 28, 2019
Sources: Egypt’s government to sign agreement with IMF
Egypt’s government has announced that a new technical agreement will be signed with the International Monetary Fund (IMF) to implement…
IMF’s loan to increase Egypt’s foreign reserves, credit rating: CBE
Business
July 26, 2019
IMF’s loan to increase Egypt’s foreign reserves, credit rating: CBE
Central Bank of Egypt (CBE) board of directors member Fakhry al-Fekki said on Thursday that the International Monetary Fund (IMF)…
Egyptian-American Mohamed El-Erian appointed the new president of Queen’s College Cambridge
Egypt
May 29, 2019
Egyptian-American Mohamed El-Erian appointed the new president of Queen’s College Cambridge
Chief economic advisor at Allianz SE since 2000, Mohamed El-Erian of Egyptian heritage has been selected to head University of…
Ghost workers sap Tunisia’s phosphate wealth
Middle East
March 7, 2019
Ghost workers sap Tunisia’s phosphate wealth
METLAOUI, Tunisia – Tunisia’s state phosphate firm CPG pays Abdel-Basset Klifhi a salary of $280 a month, even though he…
Pakistan starts behind-scenes aid to US-Taliban talks
Middle East
February 8, 2019
Pakistan starts behind-scenes aid to US-Taliban talks
WASHINGTON/PESHAWAR, Pakistan (Reuters) – Pakistan, long at odds with the United States over the war in Afghanistan, has begun to…
IMF board approves new Ukraine loan package
World
December 19, 2018
IMF board approves new Ukraine loan package
The International Monetary Fund executive board on Tuesday gave final approval to a new loan package for Ukraine and released…