International Monetary Fund (IMF)
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…
290 million students out of school as global virus battle intensifies
World
March 5, 2020
290 million students out of school as global virus battle intensifies
Almost 300 million students worldwide faced weeks at home on Thursday with Italy the latest country to shut schools over…
IMF deal seen as only way out for Lebanon
Middle East
March 4, 2020
IMF deal seen as only way out for Lebanon
BEIRUT (Reuters) — The Lebanese government must swallow its misgivings and reach a rescue deal with the International Monetary Fund…
Egypt’s economy to become sixth strongest in the world by 2030
Economy
February 20, 2020
Egypt’s economy to become sixth strongest in the world by 2030
Economist Talal Abu Ghazaleh, Chairman of Talal Abu-Ghazaleh International Organization, said that Egypt’s economy is set to become the sixth…