International Monetary Fund (IMF)

Egypt’s foreign financing decreases by more than a third in 2023
Business

Egypt’s foreign financing decreases by more than a third in 2023

Egypt received US$8.8 billion in external financing for the government and private sectors in 2023, a decrease of 35.7 percent…
Sisi expresses appreciation of fruitful partnership between Egypt, IMF
Egypt

Sisi expresses appreciation of fruitful partnership between Egypt, IMF

DUBAI, UAE, Nov 30 (MENA) – President Abdel Fattah al-Sisi expressed his appreciation of the fruitful partnership between Egypt and…
Egypt puts 35 state-owned companies in 19 sectors on IPO until June 2024
Business

Egypt puts 35 state-owned companies in 19 sectors on IPO until June 2024

Egypt’s Finance Ministry announced offering up 35 state-owned companies in 19 sectors on IPO from October 2023 to June 2024,…
IMF to review Egypt’s reform program twice in September
Economy

IMF to review Egypt’s reform program twice in September

A former advisor to the International Monetary Fund (IMF) Fakhry al-Fiqi said Saturday that the second review to the Egyptian…
IMF welcomes outcomes of Egypt government IPO program
Business

IMF welcomes outcomes of Egypt government IPO program

The International Monetary Fund‘s spokesperson Julie Kozack welcomed the Egyptian government’s announcement that it had signed contracts to sell stakes…
World Bank issues negative forecast for Egypt’s economy
Business

World Bank issues negative forecast for Egypt’s economy

The World Bank lowered its forecast for Egypt’s gross domestic product growth during the current fiscal year to four percent…
IMF anticipates US$ 2.5 billion in proceeds from Egypt’s asset divestment program
Egypt

IMF anticipates US$ 2.5 billion in proceeds from Egypt’s asset divestment program

The International Monetary Fund said that the expected proceeds from the ongoing state asset divestment program amount to $2.5 billion…
Egyptian pound tumbles to LE30 against US dollar, breaking all previous records
Main Slider

Egyptian pound tumbles to LE30 against US dollar, breaking all previous records

The Egyptian pound witnessed a historic low on Wednesday, hitting LE30 versus the US dollar in the money markets. Egypt…
IMF issues statement on exchange rate of currency in Egypt
Egypt

IMF issues statement on exchange rate of currency in Egypt

International Monetary Fund officials said that the Central Bank of Egypt is committed to allowing the exchange rate to reflect…
Egypt says to receive US$1 billion from IMF loan soon
Business

Egypt says to receive US$1 billion from IMF loan soon

Egyptian Finance Minister Mohamed Maait said that the loan agreed upon with the International Monetary Fund (IMF) amounting to about…
Back to top button