Feature Default risk in emerging markets decreases Aya Anwar Mar 10, 2024 0 The risk of government defaults in emerging markets is diminishing, fueling a bond rally, especially in junk-rated…
Egypt News World Bank pledges $3b support to Egypt – minister Nada Ali Mar 10, 2024 0 The World Bank (WB) has pledged $3 billion in support to Egypt following the country's successful negotiation of an…
Banks Egypt’s economy remains resilient amid global challenges – Tarek Fayed Nada Ali Mar 10, 2024 0 Tarek Fayed, Chairman of Banque du Caire, said on Sunday that the Central Bank of Egypt's (CBE) recent decisions…
Money IMF-Egypt deal may catalyse $20b in foreign funds – FinMin Yomna Yasser Mar 7, 2024 0 The new International Monetary Fund (IMF) deal is expected to catalyse a total of $20 billion in foreign support…
Egypt News Egyptian pound settles at 49.5 after floating currency Nada Ali Mar 7, 2024 0 Egypt's pound remained stable on Thursday at 49.5 against the dollar, similar to the previous day's closing rate,…
Money IMF board to meet on Egypt loan deal before March-end Yomna Yasser Mar 6, 2024 0 The International Monetary Fund's executive board is expected to meet before the end of March to approve the…
Money Georgieva: IMF-Egypt deal ‘significant step’ Yomna Yasser Mar 6, 2024 0 International Monetary Fund Managing Director Kristalina Georgieva said in a tweet on Wednesday the staff-level…
Money PM: New IMF deal to help Egypt secure World Bank, EU soft loans Yomna Yasser Mar 6, 2024 0 Egypt’s Prime Minister Moustafa Madbouly said the new agreement with the International Monetary Fund (IMF) will…
Money IMF, Egypt reach staff level agreement on first, second loan reviews Yomna Yasser Mar 6, 2024 0 Egypt and the International Monetary Fund (IMF) have reached on Wednesday staff level agreement on a set of…
Money URGENT: Egypt signs new IMF deal Yomna Yasser Mar 6, 2024 0 Egypt has on Wednesday signed an agreement with the International Monetary Fund (IMF) to extend the current $3…