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Business
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Economy
11/18/2023 3:27:41 PM
Amid the devastating Israeli war on Gaza, the International Monetary Fund (IMF) is considering expanding Egypt's $3 billion loan programme by an unspecified amount, Kristalina Georgieva, the fund’s managing director, said on Friday.
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Business
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Economy
11/16/2023 11:53:38 PM
The International Monetary Fund approved a new loan agreement with Mexico on Thursday worth approximately $35 billion, to bolster the country's economy.
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War on Gaza
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War on Gaza
11/10/2023 6:23:19 PM
International financial aid can help "vulnerable countries" avoid being dragged into conflict such as that in Gaza, French President Emmanuel Macron said on Friday at an international summit, as he hailed aid to Jordan and Egypt saying it was "absolutely decisive" to limit the spread of confrontation.
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Al-Ahram Weekly
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Opinion
11/7/2023 6:41:13 PM
Gamal Wagdy suggests a rescue operation for the pound
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Business
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Economy
11/6/2023 3:26:06 PM
Egypt's Minister of Finance Mohamed Maait announced that draft legislation amending the income tax law will be presented for community dialogue soon, according to an official statement on Monday.
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Business
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Economy
11/5/2023 5:33:58 PM
Egypt is slated to secure a total of $5.5 billion in loans from diverse international partners and institutions, according to a recent report by the global rating agency Fitch.
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Business
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Economy
11/1/2023 5:09:44 PM
The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) is scheduled to hold its penultimate meeting for 2023 on Thursday to review key interest rates amid the latest economic developments on the local and global fronts.
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Business
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Economy
11/1/2023 4:00:00 PM
Egypt's Minister of Planning and Economic Development Hala El-Said chaired the first meeting of the new formation of the Sovereign Fund of Egypt (TSFE) on Wednesday, according to a statement by the planning ministry.
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Business
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Economy
11/1/2023 3:59:29 PM
The UAE is poised to inject additional investments in Egypt across various development sectors, said Mohammed Al-Suwaidy, the country’s minister of investment.
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Business
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Economy
10/25/2023 4:20:19 PM
The Israeli war on Gaza has driven the Egyptian pound down to a record low on the parallel market, where it is now trading for EGP 46 against the US dollar, said Ramona Moubarak, head of MENA Country Risk at Fitch Solutions.
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Business
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Economy
10/25/2023 12:32:06 PM
The war in Gaza will negatively impact the economies of neighbouring countries; including Egypt, Jordan and Lebanon, according to the Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva.
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Al-Ahram Weekly
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Economy
10/24/2023 9:59:54 PM
Niveen Wahish looks at the effects of credit downgrades and the war in Gaza on Egypt’s economy
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World
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Region
10/18/2023 1:32:39 AM
Tunisian President Kais Saied sacked the economy minister on Tuesday and appointed the finance minister to the role on an interim basis, the presidency announced without giving any explanation.
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Al-Ahram Weekly
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Opinion
10/17/2023 8:43:04 PM
Mahmoud Mohieldin writes on the main messages from Marrakesh on this year’s World Bank and International Monetary Fund annual meetings
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Al-Ahram Weekly
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Egypt
10/17/2023 8:26:22 PM
As the World Bank and International Monetary Fund meetings finished last week in Marrakesh, Director of the fund’s Middle East and Central Asia Department Jihad Azour discussed Egypt’s economic priorities with Nevine Kamel in Marrakesh
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Business
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Economy
10/15/2023 6:21:25 PM
Egypt is actively working to enhance its social protection system, aiming for greater flexibility, inclusivity, and sustainability, according to Minister of Finance Mohamed Maait, speaking on Saturday at the International Monetary Fund (IMF) and World Bank (WB) meetings in Marrakesh.
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Business
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Economy
10/15/2023 2:58:30 PM
The International Monetary Fund (IMF) will announce the dates for the first and second reviews of Egypt’s economic reform programme by the end of October, Minister of Finance Mohamed Maait stated on Saturday.
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Business
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Economy
10/12/2023 7:26:10 PM
Zambia has signed a debt deal with its foreign lenders, the IMF's chief announced Thursday, providing financial relief to the first African nation to default after the Covid pandemic.
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Business
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Economy
10/12/2023 5:34:22 PM
The war between Israel and Hamas has cast a shadow over the IMF-World Bank annual meetings in Morocco, with warnings Thursday that it has darkened the outlook for an already sluggish global economy.
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Business
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Economy
10/12/2023 4:57:31 PM
It is necessary and critical for Egypt to adopt a flexible regime for its exchange rate in order to protect its economy from the external shocks that are continuing to emerge, Jihad Azour, the Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), told Ahram Online.
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