International Monetary Fund (IMF)
Economic reform program concludes in 2019: Egypt’s PM
Business
January 13, 2019
Economic reform program concludes in 2019: Egypt’s PM
Egyptian Prime Minister Mostafa Madbouly announced on Sunday that 2019 is expected to be the final phase of the…
Egypt to repay IMF loan starting in May 2021: Government sources
Business
August 25, 2018
Egypt to repay IMF loan starting in May 2021: Government sources
Egypt will begin repaying the International Monetary Fund (IMF) loan in May 2021 with a tranche worth US $2.75…
Egypt to host African Caucus for WB, IMF on Sunday and Monday
Business
August 4, 2018
Egypt to host African Caucus for WB, IMF on Sunday and Monday
Egypt will host the annual meetings for the African Caucus for the World Bank (WB) and the International Monetary…
IMF approves 4th tranche of Egypt’s $12 billion loan
Economy
June 30, 2018
IMF approves 4th tranche of Egypt’s $12 billion loan
Egypt received the approval of the International Monetary Fund (IMF) on Friday for its fourth tranche of its $12 billion…
New government formation to include around 9 ministers: Sources
Egypt
June 10, 2018
New government formation to include around 9 ministers: Sources
Official sources stated on Sunday that the new Prime Minister Mostafa Madbouly has secretly chosen the new government’s ministers.…
Egypt’s foreign currency reserve increased by $106 million in May
Economy
June 5, 2018
Egypt’s foreign currency reserve increased by $106 million in May
The Central Bank of Egypt (CBE) announced on Monday that the net foreign reserve increased to $44.139 billion at…
Tunisians vote in first free municipal elections
Middle East
May 6, 2018
Tunisians vote in first free municipal elections
Tunisians voted on Sunday in their first free municipal elections, another step in a democratic transition that has become marred…
IMF says Egypt must deepen reforms to catch window of global growth
Business
May 6, 2018
IMF says Egypt must deepen reforms to catch window of global growth
Egypt will have to deepen its IMF-backed reforms and better encourage private sector growth if it wants to cash in…
IMF seeks to crack down on corruption, World Bank boosts lending capacity
World
April 23, 2018
IMF seeks to crack down on corruption, World Bank boosts lending capacity
The IMF is calling on wealthier countries to limit potential safe havens for dirty money. Meanwhile, the World Bank has…
Egypt committed to economic reform and would increase taxes: MInister
Business
April 20, 2018
Egypt committed to economic reform and would increase taxes: MInister
Egypt’s Finance Minister Amr al-Garhy continued his activity in the US capital Washington, where he participated in some important meetings…