Search Result
"IMF"

1717 results

Business - Markets & Companies
1/3/2023 4:59:00 PM
European stock markets started the New Year on a high note on Monday after a rough 2022 but the IMF chief warned that a third of the world economy faces recession in 2023.

World - Region
1/2/2023 5:28:36 PM
Tram and bus workers in the Tunisian capital staged a strike over delays in salaries and the lack of an end-of-year bonus Monday, creating traffic jams across Tunis.

World - War in Ukraine
1/1/2023 10:05:44 AM
A provision in the recently signed defense spending bill mandates that the United States work to ease Ukraine's debt burden at the International Monetary Fund, which could create tensions at the world's lender-of-last-resort over one of its biggest borrowers.

Business - Economy
12/26/2022 11:22:00 PM
The COVID-19 pandemic continues to create serious challenges for the Egyptian economy, which has been exacerbated by the repercussions of the Russian-Ukrainian conflict that sparked in March.

Business - 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.

Opinion -
12/23/2022 11:37:25 AM
On 17 December 2022, The IMF Executive Board has finally approved the US$ 3 billion Extended Fund Facility (EFF) to Egypt over a period of 46 months and where the amount of US$ 347,000 million will be released immediately.

Al-Ahram Weekly - Egypt
12/22/2022 1:47:00 PM
Two devaluations, a new IMF deal, and multi-billion dollars’ worth of asset sales to Gulf investors are some of the features of the economic scene on the year of the war.

Business - Economy
12/22/2022 12:53:00 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is set to hold its final meeting for 2022 on Thursday to review the key interest rates in light of the latest updates in the local and global economic scene, particularly the accelerating inflation rates.

Business - 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.

Business - Economy
12/18/2022 5:22:16 PM
The exchange rate of the US dollar against the Egyptian pound was stable at the close of transactions Sunday at Egypt's major banks, the first working day after the International Monetary Fund (IMF) approved Egypt’s $3 billion new economic reform programme.

Business - Economy
12/17/2022 8:23:56 PM
The new $3 billion loan to Egypt approved on Friday by the International Monetary Fund (IMF) will be used to support the country’s programme to boost economic growth and investments and enhance its social protection network, the Cabinet said today.

Business - Economy
12/17/2022 12:56:36 AM
The Executive Board of the International Monetary Fund (IMF) approved late on Friday a 46-month arrangement under the Extended Fund Facility (EFF) for Egypt to receive a loan of $3 billion.

World - Africa
12/13/2022 3:46:54 PM
Ghana on Tuesday agreed on a $3 billion credit deal with the International Monetary Fund (IMF) as part of the country's battle to end its worst economic crisis in decades.

Business - Economy
12/7/2022 6:30:51 PM
​Egypt will receive the first tranche of its $3 billion IMF loan immediately after the IMF board meeting on Friday 16 December, or within 10 days, said head of the House's Budget Committee Fakhri El-Fiqi, who affirmed the loan will help shore up the country's foreign currency reserves.

Business - Economy
12/6/2022 1:32:00 PM
The International Monetary Fund (IMF) has scheduled its meeting for Egypt’s new loan on 16 December, according to the fund’s online executive board meetings calendar.

Business - Economy
12/5/2022 3:34:24 PM
Egypt hopes to receive in December the first tranche, worth $750 million, of the $3 billion loan from the International Monetary Fund (IMF), Minister of Finance Mohamed Maait said in statements to Alsharq Bloomberg on Sunday.

Al-Ahram Weekly - Egypt
12/1/2022 8:12:00 PM
The Egyptian stock market has been doing healthy business since October’s devaluation.

Business - Economy
11/30/2022 12:36:44 PM
The Central Bank of Egypt (CBE) has called off its low-interest initiatives for the private sector in the industry, agriculture, and construction fields, said CBE Deputy Governor Gamal Negm on Tuesday.

Business - Economy
11/27/2022 8:26:30 PM
The Central Bank of Egypt offered on Sunday Egyptian pound-backed treasury bills (T-bills) with a total value of EGP 28.5 billion over two maturity types.

Business - Economy
11/21/2022 2:42:04 PM
The Central Bank of Egypt (CBE) issued on Monday a circular to banks operating in the Egyptian market announcing they will no longer manage low-interest rate initiatives issued by the bank across several sectors in the country, handing off the responsibility to the Ministry of Finance

Prev 1 2 3 4 5 6 7 8 9 10 Next >> Last