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Al-Ahram Weekly
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Economy
10/22/2024 11:15:54 PM
There will be no further increases in fuel prices over the next six months, Government sources said this week following the latest round of increases, reports Sherine Abdel-Razek
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Business
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Economy
10/22/2024 8:58:05 PM
The global war against inflation has largely been won, and at surprisingly little cost to economic growth, the International Monetary Fund declared Tuesday.
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Business
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Economy
10/22/2024 6:26:38 PM
The International Monetary Fund (IMF) projected Egypt's GDP to recover, reaching 4.1 percent in FY2025/2026 up from a forecasted 2.7 percent in the current fiscal year (FY2024/2025), according to the IMF’s World Economic Outlook report released on Tuesday.
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Business
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Economy
10/22/2024 5:03:38 PM
Egypt's portfolio flows have been net positive in recent months, with significant inflows into local currency bonds despite the ongoing debt challenges and high inflation, according to the Global Financial Stability Report released Tuesday by the International Monetary Fund (IMF).
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Egypt
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Politics
10/21/2024 1:17:00 AM
President Abdel-Fattah El-Sisi directed the government to reassess the situation with the International Monetary Fund to avert putting more pressure on the public amid the country’s efforts to overcome economic challenges.
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Business
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Economy
10/18/2024 12:59:08 PM
Ministry of Petroleum and Mineral Resources announced Friday the third fuel price increase in 2024, affecting various octanes and diesel, effective on the same day.
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Business
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Economy
10/16/2024 9:26:34 PM
The International Monetary Fund (IMF) released a survey of prospects and policies on Wednesday detailing a significant inflationary episode that has unfolded over the past three years, particularly following the COVID-19 pandemic. Here are the key takeaways from the report:
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Business
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Economy
10/15/2024 6:05:33 PM
The International Monetary Fund (IMF) anticipates the global public debt to surpass $100 trillion by the end of 2024, equating to approximately 93 percent of the GDP.
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Business
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Economy
10/12/2024 3:59:34 PM
The IMF approved reforms on Friday that will lower members' borrowing costs by 36 percent and lift eight indebted countries out of the requirement to pay more to borrow money.
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Business
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Economy
10/3/2024 9:13:24 PM
The International Monetary Fund (IMF) will commence the fourth review of Egypt's Extended Fund Facility (EFF) loan programme in November through an IMF mission visiting Cairo, Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat announced on Thursday.
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World
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Africa
9/22/2024 3:42:30 PM
In a small fashion store in Ethiopia's capital, Medanit Woldegebriel's dresses have almost doubled in price in the past two months, sending customers fleeing.
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Al-Ahram Weekly
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Economy
9/21/2024 9:35:00 AM
A package of incentives aimed at helping small businesses, startups, and freelancers to pay their taxes was unveiled last week.
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Business
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Economy
9/19/2024 6:02:09 PM
Prime Minister Mostafa Madbouly appointed Central Bank of Egypt’s (CBE) governor Hassan Abdalla as the country's representative in three International Financial Institutions (IFIs), including the International Monetary Fund (IMF), African Development Bank, and the Arab Monetary Fund (AMF).
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Business
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Economy
9/11/2024 1:36:04 PM
Egypt's annual core inflation rate accelerated by 0.7 percent in August to 25.1 percent, up from 24.4 percent in July, according to data published by the Central Bank of Egypt (CBE) on Tuesday.
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Business
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Economy
9/5/2024 11:06:46 PM
Inflation in Egypt is anticipated to fall below 20 percent by February 2025, primarily due to a significant base effect, BMI Research said in report last week.
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Business
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Economy
9/3/2024 4:37:48 PM
The International Monetary Fund (IMF) has projected a substantial increase in Egypt's gross international reserves.
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Al-Ahram Weekly
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Economy
8/29/2024 6:45:00 PM
Doaa A. Moneim reads through the International Monetary Fund’s report on the third review of Egypt’s economic reform programme.
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Business
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Economy
8/27/2024 9:56:34 PM
The International Monetary Fund (IMF) has released its staff report addressing the discussions and the results of the third review of the Extended Fund Facility (EFF) loan programme that was approved for Egypt in December 2022.
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Business
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Economy
8/27/2024 3:32:50 PM
Egypt’s real GDP growth rate is projected to hit 5.5 percent over the medium term, according to the International Monetary Fund's (IMF) staff report on Monday on the third review of the country’s $8 billion loan programme.
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Al-Ahram Weekly
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Egypt
8/1/2024 9:10:00 AM
As Egypt streamlines its finances it must keep an eye on inflation and support the engines of economic growth.
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