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Business
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Economy
7/30/2024 6:07:02 PM
Prime Minister Mostafa Madbouly hailed on Tuesday the International Monetary Fund's (IMF) completion of the third review of the Extended Fund Facility (EFF) loan arrangement for Egypt as a “vote of confidence” in the state’s economic reform programme.
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World
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Africa
7/30/2024 4:56:29 PM
Ethiopia's currency lost 30% of its value Tuesday, the day after the central bank began implementing a flexible exchange rate policy backed by the International Monetary Fund as part of new measures to stabilize the eastern African nation's economy.
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Business
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Economy
7/27/2024 7:10:03 PM
Minister of Finance Ahmed Kouchouk discussed in a meeting with the International Monetary Fund (IMF) Managing Director Kristalina Georgieva Egypt’s keenness on implementing structural reforms and encouraging private investments in renewable energy, technology, water desalination, and infrastructure.
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Business
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Economy
6/29/2024 12:08:00 PM
Egyptian president Abdel-Fattah El-Sisi said the Egypt-EU Investment conference in Cairo sends “a powerful message of confidence and support from the European Union for the Egyptian economy and the economic reform measures implemented over the past decade.
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Business
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Energy
6/2/2024 4:20:23 PM
Oil giant Saudi Aramco on Sunday kicked off a secondary share offering that could fetch nearly $12 billion, bolstering state finances amid ambitious economic reforms.
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Egypt
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Foreign Affairs
4/21/2024 2:22:49 PM
Egyptian Ambassador in Beirut Alaa Moussa asserted on Sunday that Egypt seeks to cooperate with members of the five-nation group to swiftly end the presidential vacuum in Lebanon and help implement necessary economic reforms.
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Al-Ahram Weekly
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Opinion
4/16/2024 5:40:12 PM
Hossam Badrawi sets out 10 pillars supporting political and economic reform and leading to Egypt’s renaissance
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Business
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Economy
3/7/2024 10:46:03 PM
Egypt's recent economic movements in line with its economic reform program will benefit the Egyptian economy, senior vice president and group country manager for North Africa, Levant, and Pakistan (NALP) at Visa Leila Sarhan told Ahram Online, adding that Visa is closely following the developments in Egypt.
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Business
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Economy
3/6/2024 1:02:19 PM
The Central Bank of Egypt (CBE) has instructed local banks to lift the spending limit on foreign currency credit cards. The decision is part of a broader economic reform programme implemented by the CBE and the government, with the backing of international partners.
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Al-Ahram Weekly
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Egypt
3/5/2024 9:14:59 PM
The Board of Trustees of the National Dialogue will hold a meeting this week to discuss a new batch of economic reform proposals to be submitted to President Abdel-Fattah Al-Sisi, reports Gamal Essam El-Din
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Opinion
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2/28/2024 5:26:24 PM
Vietnam's economic rise did not happen overnight but was a good and comprehensive result of the bold economic reforms it adopted.
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Egypt
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Foreign Affairs
11/30/2023 11:08:28 PM
President Abdel-Fattah El-Sisi reviewed in a meeting with IMF Managing Director Kristalina Georgieva in Dubai on Thursday cooperation between Egypt and the International Monetary Fund (IMF) in light of the program to fully implement Egypt’s economic reforms.
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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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World
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Africa
10/1/2023 3:11:53 PM
Nigeria's President Bola Ahmed Tinubu on Sunday proposed a temporary minimum wage hike and more cheap gas-powered public transport among other measures to help offset the impact of his economic reforms as labour unions threatened a national strike.
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Al-Ahram Weekly
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Economy
8/9/2023 10:59:00 AM
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Egypt
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Foreign Affairs
7/30/2023 6:17:42 PM
Egypt and Switzerland have a long-standing diplomatic relationship dating back to the 19th century, characterized by mutual understanding and agreement on most issues.
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World
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International
6/26/2023 12:40:43 PM
Conservative leader Kyriakos Mitsotakis embarked Monday on his second term as Greece's prime minister with a vow to accelerate institutional and economic reforms, after voters handed him a huge election victory for the second time in five weeks.
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Business
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Economy
2/13/2023 2:39:38 PM
Egypt is adopting an economic reform trajectory that contributes to supporting its financial discipline and decreasing debt to GDP ratio and budget deficit, Minister of Finance Mohamed Maait told the Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva on Monday.
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Business
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Economy
12/23/2022 6:18:00 PM
Late Friday, the Executive Board of the International Monetary Fund (IMF) approved a $3 billion 46-month loan deal for Egypt under the Fund’s Extended Fund Facility (EFF) with an immediate disbursement of about $347 million as a first tranche of the loan amount.
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Business
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Economy
12/20/2022 6:08:36 PM
The IMF will be looking for "a shift by Egypt to a flexible exchange rate" once the letter of credit system for financing imports is phased out by the end of December, Vladkova Hollar, the IMF mission chief for Egypt, said in an interview with Reuters on Monday.
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