International Monetary Fund (IMF)
Egypt targets 5.9% growth rate for 2019, exceeding IMF, World Bank projections
Business
April 19, 2018
Egypt targets 5.9% growth rate for 2019, exceeding IMF, World Bank projections
Egypt’s Minister of Planning Hala al-Saeed said that the government aims to reach growth rate of 5.9% in 2019. Saeed…
Egypt to receive $2 bn from IMF after 3rd review in May: minister
Economy
April 19, 2018
Egypt to receive $2 bn from IMF after 3rd review in May: minister
Egypt’s Finance Minister Amr al-Garhy said on Wednesday that the review of the International Monetary Fund’s (IMF) third installment to…
Govt aims to sell fuel at its cost price: official
Egypt
April 18, 2018
Govt aims to sell fuel at its cost price: official
Spokesman for the Petroleum Ministry Hamdy Abdel Aziz said that the government aims to increase domestic production of petroleum products…
Egypt selling bonds worth 2 billion euros
Business
April 11, 2018
Egypt selling bonds worth 2 billion euros
Egypt is selling international bonds valued at 2 billion euros through two tranches, with maturities of eight and 12 years…
US dollar exchange rates on Wednesday
Business
April 11, 2018
US dollar exchange rates on Wednesday
The US dollar maintained different exchange rates in all banks on Wednesday, but remained above LE17.60 in dealings. The lowest…
Lebanon wins pledges exceeding $10 billion in Paris: finance minister
Middle East
April 6, 2018
Lebanon wins pledges exceeding $10 billion in Paris: finance minister
Lebanon won pledges of grants and loans exceeding $10 billion on Friday at a Paris conference aimed at rallying international…
Egypt govt prepares for second phase of reform program to boost ailing economy
Economy
February 6, 2018
Egypt govt prepares for second phase of reform program to boost ailing economy
Egypt Prime Minister Sherif Ismail said on Monday that he met the Governor of the Central Bank of Egypt Tariq…
Egypt’s economic structure is at a turning point: IMF director
Economy
February 5, 2018
Egypt’s economic structure is at a turning point: IMF director
Managing Director of the International Monetary Fund (IMF) Christine Lagarde said on Sunday that Egypt is currently undergoing a turning…
IMF official expects Egypt growth rate around 5% in 2018
Business
January 30, 2018
IMF official expects Egypt growth rate around 5% in 2018
Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF) Jihad Azour expects Egypt’s economic…
Egypt sees growth for FY 2018-19 at 5.8 percent -minister
Economy
January 30, 2018
Egypt sees growth for FY 2018-19 at 5.8 percent -minister
Egypt is targeting economic growth of 5.8 percent in the financial year that will begin in July, Planning Minister Hala…