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Egypt - Foreign Affairs
1/29/2024 9:56:07 PM
President Abdel-Fattah El-Sisi and the United Nations Secretary-General Antonio Guterres stressed on Monday the importance of continuing funding for the United Nations Relief and Works Agency for Palestine Refugees (UNRWA) to enable it to fulfill its humanitarian role in the Gaza Strip.

War on Gaza - War on Gaza
1/29/2024 11:08:47 AM
Several key donor countries have said they will halt funding to the UN agency for Palestinian refugees following Israel's allegations that staff members took part in Hamas's October 7 Al-Aqsa Flood operation.

War on Gaza - War on Gaza
1/28/2024 11:12:00 PM
UN chief Antonio Guterres has pleaded for donor states to "guarantee the continuity" of the body's Palestinian refugee agency (UNRWA) after several halted funding over accusations of staff involvement in Hamas's October 7 attack on Israel.

War on Gaza - War on Gaza
1/28/2024 3:54:53 PM
UN chief Antonio Guterres has pleaded for donor states to "guarantee the continuity" of the body's Palestinian refugee agency (UNRWA) after several halted funding over accusations of staff involvement in Hamas's October 7 attack on Israel.

War on Gaza - War on Gaza
1/27/2024 4:32:35 PM
The Palestine Liberation Organization has called on donor countries to reverse their decision to suspend funds to the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA), warning of political and humanitarian relief risks in Gaza.

Al-Ahram Weekly - Egypt
1/24/2024 11:36:00 PM
With an IMF delegation in Cairo this week to discuss Egypt’s loan programme, moves are underway to find a solution to the country’s hard-currency problem.

Business - Economy
1/22/2024 6:05:09 PM
Global credit rating agency Moody's has expected the International Monetary Fund (IMF) to increase its existing $3 billion loan programme for Egypt to $10 billion, according to a recent report by the agency.

Business - Economy
1/21/2024 10:37:24 AM
Cabinet Spokesperson Mohamed El-Homsany said that claims about a possible devaluation of the Egyptian pound against the dollar, coinciding with the visit of the International Monetary Fund (IMF) delegation to Egypt, are mere speculation.

Business - Economy
1/20/2024 2:09:35 PM
The International Monetary Fund (IMF) team, led by Mission Chief for Egypt Ivanna Vladkova Hollar, is currently in Cairo for ongoing discussions on the first and second reviews of Egypt’s reform programme supported by the IMF’s Extended Fund Facility (EFF), the IMF’s spokesperson told Ahram Online (AO).

War on Gaza - War on Gaza
1/20/2024 11:44:22 AM
US President Joe Biden and Israeli Prime Minister Benjamin Netanyahu finally spoke Friday after a glaring, nearly four-week gap in direct communication during which fundamental differences have come into focus over a possible pathway to Palestinian statehood once the war on Gaza ends.

Business - Economy
1/17/2024 2:28:38 PM
Egypt’s Social Housing and Mortgage Finance Fund (SHMFF) has signed a protocol with the Commercial International Bank (CIB) to offer EGP 3 billion in financing social housing for low- and middle-income citizens.

Al-Ahram Weekly - Egypt
1/16/2024 9:09:44 PM
Sixteen Egyptian projects were approved for Global Environment Facility funding to connect local challenges with global environmental concerns, reports Mahmoud Bakr

Business - Economy
1/14/2024 3:16:03 PM
Beltone Financial Holding’s subsidiary Beltone Asset Management has announced the launch of a new gold investment fund in collaboration with investment company Evolve Holding, read a statement on the Egyptian Exchange (EGX).

Business - Economy
1/11/2024 10:27:43 PM
The International Monetary Fund (IMF) is discussing with the Egyptian authorities a set of policies that would support the completion of the first and second reviews of the Extended Fund Facility (EFF) that Egypt has with the Fund, head of the Communications Department (COM) at the IMF and the spokesperson for the Fund Julie Kozack told Ahram Online.

Business - Markets & Companies
1/11/2024 8:58:41 PM
The Egyptian Exchange main index (EGX30) achieved humble growth in the second week of 2024 as investors move slowly, awaiting progress in Egypt’s negotiations with the International Monetary Fund (IMF).

Sports - World
1/11/2024 7:36:41 PM
Newcastle's backing from the Saudi sovereign wealth fund does not mean they will not have to sell some of their top players, the club's chief executive admitted after posting a £73 million ($93 million) loss for the 2022/2023 season.

Business - Economy
1/10/2024 3:45:30 PM
The US Treasury Secretary Janet Yellen and the Managing Director of International Monetary Fund (IMF) Kristalina Georgieva vowed full support for the Egyptian economy, according to an official statement on Wednesday.

Business - Economy
1/9/2024 9:24:28 PM
A high-level delegation from the Egyptian government has arrived in Washington DC to push forward Egypt's almost standstill loan programme with the International Monetary Fund (IMF), in addition to exploring a new additional loan for the country amid its ongoing serious economic situation.

Egypt - Urban & Transport
1/7/2024 5:47:29 PM
Ayman Soliman, the CEO of The Sovereign Fund of Egypt (TSFE), recently revealed that a foreign consortium, predominantly from the United Arab Emirates, won its bid to develop the land of Egypt's National Party building in Tahrir Square.

Arts & Culture - Screens
1/5/2024 2:30:09 PM
Organizers of the newly reformed Golden Globes hope that a "Barbenheimer" love-in can help to revitalize Hollywood's famously fun-loving but scandal-dogged awards gala on Sunday.

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