International Monetary Fund (IMF)
Egypt’s Mahmoud Mohieldin elected as IMF’s Executive Director
Business
October 20, 2020
Egypt’s Mahmoud Mohieldin elected as IMF’s Executive Director
The Egyptian candidate Mahmoud Mohieldin was elected unanimously on Monday to serve as the International Monetary Fund’s (IMF) executive director,…
IMF: Nearly all Mideast economies hit by pandemic recession
Middle East
October 19, 2020
IMF: Nearly all Mideast economies hit by pandemic recession
DUBAI, United Arab Emirates (AP) — The coronavirus pandemic has pushed nearly all Mideast nations into the throes of an…
Egypt’s economic performance amid coronavirus surpasses all expectations: Minister
Economy
October 17, 2020
Egypt’s economic performance amid coronavirus surpasses all expectations: Minister
Egyptian Finance Minister Mohamed Maait announced Saturday, that the Egyptian economy’s financial performance amid the coronavirus pandemic has exceeded all…
Newly designated Lebanese PM urges immediate reforms, IMF deal
Middle East
August 31, 2020
Newly designated Lebanese PM urges immediate reforms, IMF deal
BEIRUT (Reuters) – Lebanon’s prime minister-designate Mustapha Adib called on Monday for the formation of a new government in record…
IMF says Egypt prioritizes spending on health, education, and social protection
Business
August 11, 2020
IMF says Egypt prioritizes spending on health, education, and social protection
The International Monetary Fund (IMF) on Monday announced that Egypt is mobilizing its revenues to prioritize spending on health, education,…
US Dollar to Egyptian Pound exchange rates sees small increase
Economy
July 22, 2020
US Dollar to Egyptian Pound exchange rates sees small increase
The US dollar to Egyptian pound exchange rate at the Central Bank of Egypt increased on Wednesday to record LE15.92…
US dollar to Egyptian pound exchange rates decline at CBE on Tuesday
Business
June 30, 2020
US dollar to Egyptian pound exchange rates decline at CBE on Tuesday
The US dollar to Egyptian pound exchange rate declined at the Central Bank of Egypt on Tuesday to record LE16.10…
IMF approves US$5.2 billion loan for Egypt against COVID-19
Business
June 27, 2020
IMF approves US$5.2 billion loan for Egypt against COVID-19
The International Monetary Fund (IMF) approved on Friday a 12-month US$5.2 billion Stand-By Arrangement (SBA) loan for Egypt. The new…
US dollar to Egyptian pound exchange rates show slight increase in favor of dollar
Egypt
June 11, 2020
US dollar to Egyptian pound exchange rates show slight increase in favor of dollar
US dollar to Egyptian pound exchange rates increased by two piasters in favor of the dollar on Thursday, continuing a…
Egypt’s US$ 5.2 billion IMF loan arrives in second half of June: Experts
Business
June 7, 2020
Egypt’s US$ 5.2 billion IMF loan arrives in second half of June: Experts
The Egyptian government is set to receive its US$5.2 billion one-year International Monetary Fund (IMF) loan within the second half…