IMF loan
US dollar exchange rates at major Egyptian banks on Friday
Business
July 12, 2024
US dollar exchange rates at major Egyptian banks on Friday
The dollar exchange rate against the Egyptian pound remained stable on Friday. Below is Friday’s dollar exchange rate National Bank…
Egypt expects IMF agreement to stimulate more foreign financing
Egypt
March 31, 2024
Egypt expects IMF agreement to stimulate more foreign financing
Egypt expects its new agreement with the International Monetary Fund (IMF) to stimulate foreign support totaling US$20 billion for the…
IMF Executive Board approves expanded US$8 billion loan to Egypt
Business
March 30, 2024
IMF Executive Board approves expanded US$8 billion loan to Egypt
The Executive Board of the International Monetary Fund (IMF) on Friday completed the first and second reviews of the extended…
IMF’s loan to Egypt not linked to Gaza crisis, official assures
Business
February 26, 2024
IMF’s loan to Egypt not linked to Gaza crisis, official assures
The Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), Jihad Azour said there…
IMF sees ‘excellent progress’ in talks with Egypt
Business
February 24, 2024
IMF sees ‘excellent progress’ in talks with Egypt
An International Monetary Fund (IMF) official said that the fund continues to make excellent progress on discussions with the Egyptian…
IMF in the final stage of formulating increased financing for Egypt
Business
February 10, 2024
IMF in the final stage of formulating increased financing for Egypt
The International Monetary Fund (IMF) is formulating a new financial support package for Egypt, following upon its plans to increase…
IMF reportedly increasing loan to Egypt to US$8 billion: TV host
Business
January 31, 2024
IMF reportedly increasing loan to Egypt to US$8 billion: TV host
Egyptian TV host Lamis al-Hadidi said on Tuesday during her show “Last Word” (Kalema Akhera) that there is upcoming news…
Egyptian pound price expected to drop by end of 2023: economists
Business
April 27, 2023
Egyptian pound price expected to drop by end of 2023: economists
In a poll published by Reuters, Thursday, economists expect that the value of the Egyptian pound against the US dollar…
No third flotation of the Egyptian pound: economist
Business
December 19, 2022
No third flotation of the Egyptian pound: economist
Economist Mostafa Badra denied a third flotation of the Egyptian pound. Badra revealed the details of Egypt obtaining a US$3…
Importers Division expects breakthrough in market after December 16
Business
December 13, 2022
Importers Division expects breakthrough in market after December 16
A member of the Importers Division of the Chamber of Commerce expects a breakthrough on the market after December 16.…