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Egypt
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Society
9/3/2024 5:46:50 PM
Egyptian Minister of Environment Yasmine Fouad witnessed on Tuesday the signing of the Egyptian Red Sea Initiative (ERSI) project document at $14.25 million, in collaboration with the United Nations Development Programme (UNDP), the Global Fund for Coral Reefs (GFCR), and the US Agency for International Development (USAID).
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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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Business
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Markets & Companies
9/1/2024 10:10:00 PM
The Egyptian Exchange (EGX) gained about 13 billion pounds at the close of trading Sunday on the back of sales operations by local investment funds and individual Arab and foreign investors.
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World
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Africa
9/1/2024 10:44:40 AM
African leaders descend on China's capital this week, seeking funds for big-ticket infrastructure projects as they eye mounting great power competition over resources and influence on the continent.
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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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Markets & Companies
8/27/2024 6:25:58 PM
Egyptian Stock Exchange indices recorded collective increases at the closing of Tuesday's trading session catapulted by purchase operations from institutions and Egyptian investment funds.
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Business
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Economy
8/27/2024 5:50:49 PM
The Sovereign Fund of Egypt (TSFE) appointed Chief Strategy & Business Development Officer Noha Khalil as its new acting chief executive officer (CEO) following the resignation of previous CEO Ayman Soliman on 4 June, according to a statement by the Ministry of Planning, Economic Development, and International Cooperation on Tuesday.
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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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World
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International
8/25/2024 4:53:20 PM
Kamala Harris's US presidential campaign said Sunday that it has raised more than half a billion dollars in just over a month, "a record for any campaign in history."
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Business
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Markets & Companies
8/25/2024 4:43:44 PM
Menthum, an Egyptian digital savings platform, announced on Sunday the launch of its USD Fixed Income Fund in collaboration with CI Capital Asset Management, a leading financial services group in Egypt.
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Business
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Markets & Companies
8/20/2024 6:27:45 PM
The Egyptian Exchange (EGX) indices recorded collective hikes at the closure of Tuesday's trading session following purchase operations by institutions and Egyptian investment funds.
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Business
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Markets & Companies
8/18/2024 6:42:08 PM
The Egyptian Exchange (EGX) indices showed mixed performance at the closing of Sunday's trading sessions, backed by strong purchases by local institutions and investment funds.
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War on Gaza
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War on Gaza
8/8/2024 3:59:52 PM
Israel’s budget deficit rose to a record high of approximately 155 billion shekels ($40.3 billion) over the past year as the country continues to pour billions of shekels into funding the brutal war on Gaza and the heated conflict with Hezbollah, Israeli media reported.
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World
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Region
8/6/2024 6:57:02 PM
UN peacekeepers on the Israeli-Lebanese border have never been more crucial, the force's global chief Jean-Pierre Lacroix said Tuesday, as fears soared of an escalation in the Middle East.
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War on Gaza
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War on Gaza
8/5/2024 10:12:22 PM
Israel's far-right Finance Minister Bezalel Smotrich ordered the seizure of 100 million shekels ($26 million) of tax funds intended for the Palestinian Authority, saying the funds would instead support Israeli victims of "terrorism".
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Egypt
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Politics
7/31/2024 11:30:58 PM
Prime Minister Mostafa Madbouly said on Tuesday in a press conference at New Alamein City that the International Monetary Fund (IMF) does not control Egypt or impose conditions on the country.
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War on Gaza
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War on Gaza
7/31/2024 3:39:33 PM
The European Union on Wednesday said it had begun paying 400 million euros ($430 million) in emergency funding to the Palestinian Authority to help address its "critical" budget problems.
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Business
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Economy
7/31/2024 11:26:12 AM
The demand for gold Jewellery rose two percent in Egypt in the second quarter (2Q) of 2024, hitting 6.8 tons following the International Monetary Fund ( IMF) Extended Fund Facility (EFF) loan in March which boosted the demand for gold during Eid Al-Adha season, according to the World Gold Council (WGC).
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Business
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Economy
7/30/2024 7:05:00 PM
Egypt has met all the commitments required for the completion of the third review of its $8 billion loan program with the International Monetary Fund (IMF), the IMF's mission chief for Egypt, Ivanna Vladkova Hollar, said in response to a series of questions from Ahram Online during a virtual roundtable Tuesday.
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