International Monetary Fund (IMF)
Egypt’s US$ 5.2 billion IMF loan arrives in second half of June: Experts
Business
June 7, 2020
Egypt’s US$ 5.2 billion IMF loan arrives in second half of June: Experts
The Egyptian government is set to receive its US$5.2 billion one-year International Monetary Fund (IMF) loan within the second half…
Egypt reaches agreement with IMF to receive US$5.2 billion
Economy
June 6, 2020
Egypt reaches agreement with IMF to receive US$5.2 billion
Egypt has reached a staff-level agreement with the International Monetary Fund (IMF) for a 12 month US$5.2 billion Stand-By Arrangement…
US dollar exchange rates in Egypt continue to rise
Economy
June 2, 2020
US dollar exchange rates in Egypt continue to rise
US dollar–Egyptian pound exchange rates in banks across Egypt increased in favor of the dollar on Tuesday. The exchange rate…
On debt-stricken Lebanon, investors see little room for optimism
Middle East
May 29, 2020
On debt-stricken Lebanon, investors see little room for optimism
LONDON (Reuters) — Emerging market investors are no strangers to sovereign debt crises, but few have been as perilous as…
IMF approves US$2.77 billion support to Egypt to address coronavirus
Business
May 12, 2020
IMF approves US$2.77 billion support to Egypt to address coronavirus
The executive board of the International Monetary Fund (IMF) has approved Egypt’s request for emergency financial assistance of US$2.772 billion…
IMF discusses Egypt’s request for loan to counter coronavirus
Economy
May 11, 2020
IMF discusses Egypt’s request for loan to counter coronavirus
The International Monetary Fund (IMF) on Monday began discussing Egypt’s request for a new loan to counter the spread of…
Egypt requests fresh financial package from the IMF to counter coronavirus
Business
April 26, 2020
Egypt requests fresh financial package from the IMF to counter coronavirus
The Egyptian government and the Central Bank of Egypt have requested a new financial package from the International Monetary Fund…
Africa needs US$114 bn this year in its fight against coronavirus: IMF
Business
April 18, 2020
Africa needs US$114 bn this year in its fight against coronavirus: IMF
Africa needs an estimated US$114 billion in 2020 as it fights against the coronavirus, leaving a financing gap of around…
Global virus deaths pass 150,000 as Trump says China hiding toll
World
April 18, 2020
Global virus deaths pass 150,000 as Trump says China hiding toll
World coronavirus deaths surged past 150,000 Friday as US President Donald Trump accused China of continuing to cover up its…
Iran asks for billions in loans as virus deaths climb to 429
Middle East
March 12, 2020
Iran asks for billions in loans as virus deaths climb to 429
TEHRAN, Iran (AP) — Iran said Thursday it had asked for an emergency $5 billion loan from the International Monetary…