IMF loan

Egypt expects IMF agreement to stimulate more foreign financing
Egypt

Egypt expects IMF agreement to stimulate more foreign financing

Egypt expects its new agreement with the International Monetary Fund (IMF) to stimulate foreign support totaling US$20 billion for the…
IMF Executive Board approves expanded US$8 billion loan to Egypt
Business

IMF Executive Board approves expanded US$8 billion loan to Egypt

The Executive Board of the International Monetary Fund (IMF) on Friday completed the first and second reviews of the extended…
IMF’s loan to Egypt not linked to Gaza crisis, official assures
Business

IMF’s loan to Egypt not linked to Gaza crisis, official assures

The Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), Jihad Azour said there…
IMF sees ‘excellent progress’ in talks with Egypt
Business

IMF sees ‘excellent progress’ in talks with Egypt

An International Monetary Fund (IMF) official said that the fund continues to make excellent progress on discussions with the Egyptian…
IMF in the final stage of formulating increased financing for Egypt
Business

IMF in the final stage of formulating increased financing for Egypt

The International Monetary Fund (IMF) is formulating a new financial support package for Egypt, following upon its plans to increase…
IMF reportedly increasing loan to Egypt to US$8 billion: TV host
Business

IMF reportedly increasing loan to Egypt to US$8 billion: TV host

Egyptian TV host Lamis al-Hadidi said on Tuesday during her show “Last Word” (Kalema Akhera) that there is upcoming news…
Egyptian pound price expected to drop by end of 2023: economists
Business

Egyptian pound price expected to drop by end of 2023: economists

In a poll published by Reuters, Thursday, economists expect that the value of the Egyptian pound against the US dollar…
No third flotation of the Egyptian pound: economist
Business

No third flotation of the Egyptian pound: economist

Economist Mostafa Badra denied a third flotation of the Egyptian pound. Badra revealed the details of Egypt obtaining a US$3…
Importers Division expects breakthrough in market after December 16
Business

Importers Division expects breakthrough in market after December 16

A member of the Importers Division of the Chamber of Commerce expects a breakthrough on the market after December 16.…
Egypt obtains IMF loan worth $3 bln
Economy

Egypt obtains IMF loan worth $3 bln

The head of the International Monetary Fund (IMF) mission to Egypt announced in a press conference, on Thursday, held with…
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