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Egypt - Politics
5/15/2022 12:13:57 PM
The Senate – Egypt's consultative upper house – will reconvene on Sunday to discuss a legislative amendment to the law regulating the fund for supporting disabled citizens (Law 200/2020) drafted and submitted by the parliamentary majority party of Mostaqbal Watan (The Nation's Future).

Sports - World
5/12/2022 10:29:12 AM
The Ukrainian men's national team returned to action Wednesday for the first time since the invasion by Russia, beating German club Borussia Monchengladbach 2-1 in a charity fundraiser.

World - Region
5/11/2022 2:32:32 PM
The United Nations is seeking $144 million on Wednesday needed to fund the salvage operation of a decaying tanker full of oil moored off the coast of Yemen, a ship whose demise could cause an environmental disaster.

Business - Economy
5/10/2022 3:47:00 PM
Egypt-based Paymob, a financial services for merchants platform, raised $50 million in Series B funding, which the platform will use to grow its product range, expanding in the Egyptian market as well as into new markets across the Middle East and Africa region.

World - Region
5/8/2022 6:02:21 PM
More Syrian children are in need than at any time since a devastating civil war erupted over a decade ago, but funding for them is "dwindling", the United Nations warned Sunday.

War in Ukraine - Humanitarian
5/5/2022 3:43:00 PM
Poland and Sweden are co-hosting an international donors' conference on Thursday in Warsaw to raise funds for humanitarian efforts to help war-torn Ukraine, where thousands have been killed, cities devastated and millions of people displaced by Russia's attack.

Al-Ahram Weekly - Economy
4/30/2022 4:08:00 PM
Director of the Middle East and Central Asia Department at the International Monetary Fund Jihad Azour discusses the findings of the World Regional Economic Outlook report for the Middle East and North Africa (MENA) region.

Al-Ahram Weekly - Egypt
4/29/2022 12:22:00 PM
Egypt is joining consortia to encourage foreign investment in green fuel production, reports Mai Ghandour

Al-Ahram Weekly - Egypt
4/28/2022 10:12:00 PM
Members of the Senate seek greater oversight on NGOs which obtain foreign funding.

Egypt - Foreign Affairs
4/28/2022 4:00:00 PM
Egypt called for adequate, sustained, and predictable funding for peacebuilding activities in conflict-affected countries during a high-level meeting of the General Assembly on financing for peacebuilding at its 76th session on Wednesday.

Business - Economy
4/27/2022 4:04:47 PM
The International Monetary Fund (IMF) is currently in the technical discussions phase with the Egyptian authorities in terms of the anticipated loan programme with the country that aims to address the severe impacts of the Ukrainian war and other ongoing economic challenges, said the IMF’s Director of the Middle East and Central Asia Department Jihad Azour.

Business - Economy
4/27/2022 2:02:37 PM
The International Monetary Fund (IMF) has downgraded its projection for the real GDP growth in the Middle East and North Africa (MENA) region to five percent, down from 5.8 percent in 2021.

Egypt - Politics
4/23/2022 6:14:21 PM
Members of the Senate — Egypt’s consultative upper house of Parliament — teamed up in a plenary session on Saturday to call on the government to impose stricter control on foreign funding to local non-government organisations (NGOs) and all entities involved in civil society work.

Egypt - Courts & Law
4/21/2022 2:10:50 PM
A Cairo criminal court sentenced on Thursday well-known businessman Hassan Rateb to five years in prison for funding a criminal operation led by former MP Alaa Hassanin to illegally excavate and traffic in antiquities.

Business - Economy
4/21/2022 12:44:16 PM
Developing countries, including Egypt, should prioritise development and growth in collaboration with the private sector to deal with elevating debt levels amid the ongoing economic challenges, said Mahmoud Mohieldin, an executive director at the International Monetary Fund (IMF).

Business - Economy
4/20/2022 5:56:58 PM
The global rise in food prices is a major challenge for Egypt amid supply chain disruptions and the Russian war in Ukraine, Deputy Director of the Fiscal Affairs Department at the International Monetary Fund (IMF) Paolo Mauro told Ahram Online during a press briefing.

Business - Economy
4/20/2022 5:52:34 PM
The anticipated loan programme for Egypt from the International Monetary Fund (IMF) aims to support the country’s social protection system amid rising food and energy prices on the back of the Russian war in Ukraine, said IMF managing director Kristalina Georgieva.

Al-Ahram Weekly - Economy
4/20/2022 4:06:00 PM
Division Chief in the IMF’s Fiscal Affairs Department Paolo Medas explains how the crisis in Ukraine could affect food prices and debt levels in Egypt and the Middle East region to Al-Ahram Weekly.

Business - Economy
4/20/2022 2:47:48 PM
Egypt’s general government gross debt to GDP ratio is expected to jump to 94 percent in 2022, up from 93.5 percent in 2021, before winding down to 89.6 percent in 2023 and then declining to 80.7 percent by 2027, the International Monetary Fund (IMF) said on Wednesday.

Business - Economy
4/19/2022 8:16:45 PM
The Russia-Ukraine conflict is having economic repercussions on Egypt including rising financial needs, an elevated rate of inflation, and limited fiscal space, the assistant director of monetary and capital markets at the International Monetary Fund (IMF) Ranjit Singh told Ahram Online.

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