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Business - Economy
11/7/2022 3:36:00 PM
In an exclusive interview, Kristalina Georgieva, the Managing Director of the International Monetray Fund (IMF) , told Al-Ahram she is confident that Egypt’s commitment to fiscal prudence under the new IMF-backed programme will contribute to maintaining market confidence and ensuring that public debt-to-GDP is on a downward trajectory, thereby helping to create room to expand the social safety net for vulnerable groups.

World - International
11/7/2022 12:37:47 PM
After months of primaries, campaign events and fundraising pleas, the midterm elections that will determine the balance of power in Washington and state capitals are finally here.

COP27 - Sharm El-Sheikh
11/7/2022 9:31:00 AM
Ahram Online is providing daily live update coverage of the United Nations Conference on Climate Change (COP27) taking place in the Egyptian Red Sea city of Sharm El-Sheikh from 6-18 November.

COP27 - Sharm El-Sheikh
11/6/2022 3:25:09 PM
Egypt’s President Abdel-Fattah El-Sisi received Kristalina Georgieva, managing director of the International Monetary Fund (IMF), and her accompanying delegation on the sidelines of the 2022 UN Climate Change Conference (COP27) being held in the Red Sea city of Sharm El-Sheikh 6-18 November.

COP27 - Sharm El-Sheikh
11/6/2022 12:33:35 PM
Country members agreed early Sunday morning to discuss for the first time funding arrangements on loss and damage during the UN Climate Change Conference (COP27) being held in the Red Sea city of Sharm El-Sheikh 6-18 November.

Business - Markets & Companies
11/3/2022 5:03:03 PM
Egyptian Exchange (EGX) indices showed mixed performance at the close of the week's trading pushed by wide-scale purchases by institutions and local investment funds and sales by foreign and Arab funds.

Business - Economy
11/2/2022 12:47:41 PM
UN Special Envoy on Financing the 2030 Agenda for Sustainable Development Mahmoud Mohieldin was unanimously re-elected on Tuesday as an executive director at the International Monetary Fund (IMF), representing the Arab countries and Egypt, on Tuesday.

Business - Economy
11/1/2022 5:43:00 PM
The Egyptian pound’s exchange rate declined to 24.2 against the US dollar at the end of Tuesday’s trading a few days after Egypt announced that it was adopting a "durably flexible" exchange rate regime in conjunction with a deal with the International Monetary Fund (IMF).

COP27 - Climate change
11/1/2022 1:03:40 PM
Mahmoud Mohieldin, the UN climate change high level champion for Egypt, stressed the need to multiply the amount allocated for climate adaptation for Africa by six times to reach $62 billion, up from the current $11.4 billion.

COP27 - Climate change
10/31/2022 9:22:25 PM
Charitable giving to organizations that work to slow climate change have increased in the past year, and many more groups are receiving funds than just a few years ago. But despite the increases, giving from individuals and foundations to climate-related causes remains a stubbornly small percentage of overall charitable giving according, to a new report by the ClimateWorks Foundation.

Business - Economy
10/31/2022 2:42:23 PM
The economies of Middle Eastern and North African countries were resilient this year, but double-digit inflation is expected to slow growth in 2023, the International Monetary Fund said Monday.

Business - Economy
10/30/2022 7:37:00 PM
The Egyptian pound’s exchange rate fell to 24 against the US dollar at the end of Sunday’s trading a few days after Egypt announced that it was adopting a "durably flexible" exchange rate regime in conjunction with a deal with the International Monetary Fund (IMF).

Business - Economy
10/30/2022 12:29:09 PM
On Thursday, the Egyptian government and the International Monetary Fund (IMF) announced reaching a staff-level agreement for a new loan to Egypt to address the repercussions of the Russian war on Ukraine.

Business - Economy
10/27/2022 2:07:00 PM
Egypt has reached a 46-month staff-level agreement with the International Monetary Fund (IMF) under the Extended Fund Facility (EFF) with a loan worth about $ 3 billion.

COP27 - Focus
10/26/2022 9:03:10 PM
Saudi oil and gas company Aramco unveiled a $1.5 billion fund on Wednesday for sustainable investments, part of efforts to burnish the state-owned company's green credentials in an announcement ahead of the U.N. climate conference next month in Egypt.

Business - Economy
10/25/2022 10:51:06 PM
Reaching a deal with the International Monetary Fund (IMF) and launching an index for the Egyptian pound were among the top recommendations suggested by the Egypt Economic Conference 2022 as it concluded on Tuesday.

Al-Ahram Weekly - Egypt
10/25/2022 9:32:49 PM
A new UK-funded programme providing climate finance to local projects has been launched by the British Embassy in Egypt, reports Mai Ghandour

Business - Economy
10/24/2022 10:25:06 PM
Prime Minister Mostafa Madbouly affirmed on monday that tender offers aim to get the best financial revenues for the State and maximise the value of its assets.

Al-Ahram Weekly - Egypt
10/21/2022 7:20:00 PM
Al-Ahram Weekly compares Egypt’s current dollar crunch to that in 2016-17.

World - Region
10/21/2022 7:12:40 PM
The United Nations agency for Palestinian refugees (UNRWA) appealed Friday for $13 million in funding to support Palestinians in Lebanon, as the country reels from an unprecedented economic crisis.

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