International Monetary Fund
Coronavirus could damage global growth in 2020: IMF
World
February 17, 2020
Coronavirus could damage global growth in 2020: IMF
The coronavirus epidemic could damage global economic growth this year, the IMF head said Sunday, but a sharp and rapid…
Egypt’s foreign currency reserves up to $45.42 billion in December: CBE
Business
January 6, 2020
Egypt’s foreign currency reserves up to $45.42 billion in December: CBE
Egypt’s foreign currency reserves increased to US$45.42 billion in December compared to $45.35 billion in November, the Central Bank of…
World Bank sees Egypt economy growing 5.8% in 2019/20
Economy
October 11, 2019
World Bank sees Egypt economy growing 5.8% in 2019/20
The World Bank forecast on Thursday that Egypt’s economy would grow by 5.8 percent this fiscal year, marginally lower than…
Egypt’s foreign reserves increase to $44.969 bn: CBE
Business
September 4, 2019
Egypt’s foreign reserves increase to $44.969 bn: CBE
Egypt’s foreign reserves have increased by US$53 million to $44.969 billion in August, compared to $44.916 billion in July, the…
Egypt’s external debt increases to US$106 billion: CBE
Business
August 28, 2019
Egypt’s external debt increases to US$106 billion: CBE
The Central Bank of Egypt (CBE) stated on Tuesday that Egypt’s external debt increased by 10 percent to total US$106…
Sudanese face daunting challenges on path to democracy
Middle East
August 27, 2019
Sudanese face daunting challenges on path to democracy
CAIRO (AP) — For the first time in three decades, Sudan has charted a path out of military rule following…
Sources: Egypt’s government to sign agreement with IMF
Business
July 28, 2019
Sources: Egypt’s government to sign agreement with IMF
Egypt’s government has announced that a new technical agreement will be signed with the International Monetary Fund (IMF) to implement…
IMF’s loan to increase Egypt’s foreign reserves, credit rating: CBE
Business
July 26, 2019
IMF’s loan to increase Egypt’s foreign reserves, credit rating: CBE
Central Bank of Egypt (CBE) board of directors member Fakhry al-Fekki said on Thursday that the International Monetary Fund (IMF)…
Egyptian-American Mohamed El-Erian appointed the new president of Queen’s College Cambridge
Egypt
May 29, 2019
Egyptian-American Mohamed El-Erian appointed the new president of Queen’s College Cambridge
Chief economic advisor at Allianz SE since 2000, Mohamed El-Erian of Egyptian heritage has been selected to head University of…
Ghost workers sap Tunisia’s phosphate wealth
Middle East
March 7, 2019
Ghost workers sap Tunisia’s phosphate wealth
METLAOUI, Tunisia – Tunisia’s state phosphate firm CPG pays Abdel-Basset Klifhi a salary of $280 a month, even though he…