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World
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Africa
6/4/2023 11:13:21 PM
South Africa will host the BRICS summit in August 2023. The event could offer the country an opportunity to exercise leadership in the BRICS’ efforts to reform the arrangements for global economic governance and in supporting sustainable and inclusive development in Africa and the Global South.
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Business
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Economy
5/29/2023 3:28:48 PM
Banque Misr will receive a $260 million loan from the World Bank's (WB) financial arm, the International Finance Corporation (IFC) over five years to support micro, small, and medium-sized enterprises (MSMEs).
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Business
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Economy
5/27/2023 1:18:24 PM
In an interview with Al-Ahram, Feried Belhaj, vice president for the Middle East and North Africa at the World Bank, discussed the ongoing crises impacting the global economy, and explains how Egypt might best address them with the help of international financial institutions like the World Bank.
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Business
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Economy
5/10/2023 7:10:47 PM
The World Bank (WB) is among the international partners that Egypt relies on to bridge its $17 billion financing gap through FY2025/26.
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Business
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Economy
5/4/2023 12:54:39 PM
Egypt hosted on Wednesday the International Finance Corporation's (IFC) summit on Law and Gender Conference, with a focus on the interplay between the private sector and the judiciary in advancing women’s economic participation in the Middle East and North Africa (MENA).
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Business
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Economy
5/4/2023 12:31:00 PM
Former Mastercard CEO Ajay Banga, an Indian army officer's son with decades of corporate experience, was confirmed Wednesday to lead the World Bank for a five-year term that starts next month.
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Business
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Economy
5/3/2023 4:17:05 PM
The EU has significantly increased its liquefied natural gas (LNG) imports from Egypt, among six countries, in 2022, the Information and Decision Support Centre said on Wednesday, citing a report by the World Bank (WB).
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Business
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Economy
4/30/2023 2:02:15 PM
Fitch Solutions has raised its forecast for Egypt’s inflation in 2023 to 32.3 percent, up from an average of 25.9 percent that it expected a month ago.
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Al-Ahram Weekly
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Opinion
4/27/2023 10:12:00 AM
Cooperation of developing nations with international financial institutions is only worthwhile if it yields better and faster results.
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Al-Ahram Weekly
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Egypt
4/25/2023 7:43:46 PM
Egypt needs to accelerate its privatisation programme and slow down large-scale infrastructure projects to fulfil its pledges to the IMF, reports Doaa A. Moneim from Washington
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Business
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Economy
4/16/2023 11:44:42 PM
The Egyptian government and International Monetary Fund (IMF) staff had fruitful discussions in preparation for the first review mission of Egypt's reform program which is supported by the IMF’s Extended Fund Facility (EFF), IMF Mission Chief for Egypt Ivanna Vladkova Hollar stated on Sunday
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Business
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Economy
4/14/2023 1:07:48 AM
Ahram Online spoke to the President of the World Bank Group (WBG) David Malpass during the International Monetary Fund's (IMF) and World Bank Group's (WBG) spring meetings currently held in Washington DC.
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Business
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Economy
4/13/2023 6:00:00 PM
Ahram Online spoke to the Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva during a press briefing held on Thursday, on the sidelines of the IMF's and World Bank's (WBG) spring meeting in Washington DC, to announce the IMF’s Global Agenda Policy.
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Business
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Economy
4/13/2023 5:23:35 PM
During the IMF and World Bank Group’s spring meetings in Washington DC, Ahram Online interviewed the Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF) Jihad Azour.
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World
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Region
4/13/2023 2:29:12 PM
Italian Foreign Minister Antonio Tajani said Thursday that the International Monetary Fund (IMF) should approve an initial, unconditional bailout package for Tunisia, with further payments dependent on reforms.
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Al-Ahram Weekly
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Egypt
4/12/2023 2:48:00 PM
“Despite surprisingly resilient labour markets and strong consumer demand, despite the uplift in China, we expect the world economy to grow less than three per cent this year,” said Kristalina Georgieva, managing director of the IMF, in the course of this week’s spring meetings of the World Bank Group and IMF. The meetings in Washington DC reviewed the repercussions of the Russian-Ukrainian conflict on the global economy.
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Business
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Economy
4/11/2023 4:03:44 PM
The International Monetary Fund slightly lowered its outlook for the global economy on Tuesday, while predicting that most countries will avoid a recession this year despite economic and geopolitical concerns.
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Business
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Economy
4/10/2023 11:36:51 AM
The World Bank and International Monetary Fund's spring meetings get underway later this week with an ambitious reform and fundraising agenda likely to be overshadowed by concerns over high inflation, rising geopolitical tension and financial stability.
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Business
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Economy
4/6/2023 8:13:33 PM
The World Bank has revised down its forecasts for Egypt’s real GDP growth in FY2022/2023 and FY2023/2024 to four percent in each of these two fiscal years, down from 4.5 percent it projected in December of 2022.
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World
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Region
4/6/2023 5:57:01 PM
Tunisian President Kais Saied on Thursday rejected "foreign diktats" from the International Monetary Fund, which is in stalled talks with the heavily indebted country over a bailout package.
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