International Monetary Fund (IMF)
Saudi Arabia deposits $250 million in Sudan central bank
Middle East
August 7, 2019
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
July 25, 2019
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,…
CAMPAS: Foreigners working at Egypt’s private sector rise by 9.7 percent
Economy
July 15, 2019
CAMPAS: Foreigners working at Egypt’s private sector rise by 9.7 percent
The Central Agency for Public Mobilization and Statistics (CAMPAS) released their annual statistics showing that the number of foreigners working…
Egyptian-American economist nominated to be IMF’s next managing director
Egypt
July 9, 2019
Egyptian-American economist nominated to be IMF’s next managing director
Former Deputy Director of the International Monetary Fund (IMF), Egyptian-American economist Mohamed al-Erian has been nominated to succeed Christine Lagarde…
News IMF approves $6 bn loan for Pakistan
World
July 4, 2019
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…
US Dollar exchange rate in Egypt declines further
Business
June 2, 2019
US Dollar exchange rate in Egypt declines further
US dollar prices slightly declined against the Egyptian pound in several banks on Sunday. The US currency saw an average…
Last loan!
Opinion
May 29, 2019
Last loan!
The fact that we won’t ask for a new loan from the International Monetary Fund (IMF), with the final tranche…
Egypt’s economy seen growing 5.5 pct in year to end of June
Business
May 2, 2019
Egypt’s economy seen growing 5.5 pct in year to end of June
CAIRO (Reuters) – Egypt’s economy is expected to grow 5.5 percent in the fiscal year that ends in June, according…
Argentina: Thousands launch anti-austerity strike
World
May 1, 2019
Argentina: Thousands launch anti-austerity strike
Tens of thousands of Argentines protested against President Mauricio Macri’s austerity drive on Tuesday after labor unions began a 24-hour partial…
Egypt’s govt postpones abolishing electricity subsidies to 2022
Egypt
January 28, 2019
Egypt’s govt postpones abolishing electricity subsidies to 2022
Electricity Minister Mohammed Shaker announced Sunday that the lifting of electricity subsidies has been postponed from the 2018-2019 fiscal…