IMF

Egypt expects IMF loan agreement in two weeks
Business

Egypt expects IMF loan agreement in two weeks

Egypt's planning minister said on Thursday the government expects to reach a final agreement with the International Monetary Fund (IMF)…
Egypt lifts cooking gas price before IMF visit
Egypt

Egypt lifts cooking gas price before IMF visit

Egypt raised the price of state-subsidized cooking gas for the first time in two decades on Monday, a government official…
IMF: Emergency loan an option for Egypt
Business

IMF: Emergency loan an option for Egypt

  The International Monetary Fund said Monday that it could provide an emergency short-term loan to Egypt if needed, as…
Egypt’s opposition scents chance in election debacle
Egypt

Egypt’s opposition scents chance in election debacle

To Egypt's opposition, a court ruling throwing the electoral process into limbo offers an opportunity to force Islamist President Mohamed…
Finance Minister: Islamic bonds law to be presented to Cabinet
Business

Finance Minister: Islamic bonds law to be presented to Cabinet

The controversial Islamic bonds (sukuk) draft law is expected to be presented to a Cabinet meeting Wednesday after the body's…
Moody’s cuts Egypt, cites unrest and IMF doubt
Business

Moody’s cuts Egypt, cites unrest and IMF doubt

Ratings agency Moody's cut Egypt's credit rating on Tuesday, citing doubts about its ability to secure International Monetary Fund support…
Minister: consultations with IMF continue
Business

Minister: consultations with IMF continue

Egypt's consultations with the International Monetary Fund is on-going at all levels, said Finance Minister Morsy Hegazy said on Thursday,…
IMF to review Egyptian budget before resuming loan talks
Egypt

IMF to review Egyptian budget before resuming loan talks

The IMF's director for the Middle East and North Africa, Masood Ahmed, said Saturday that the fund is reviewing Egypt's…
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