Browsing Category
Financial Institutions
Private credit funds-banks ties in Europe deepen amid higher default risks
A record 80 per cent of new European private credit funds used bank loans in 2023, known as subscription lines’, to…
Citigroup predicts BoE to reduce interest rates in June
Citigroup predicts the Bank of England (BoE) will reduce interest rates this year, with the first cut likely in…
EU prepares €7.4b aid package for Egypt
The EU is preparing a €7.4bn aid package for Egypt to support its economy and address potential financial…
EXCLUSIVE: EU investment portfolio in Egypt reaches €1.2b
The EU’s total portfolio of investments in Egypt stands at approximately €1.2 billion, covering various sectors…
IMF-Egypt deal may catalyse $20b in foreign funds – FinMin
The new International Monetary Fund (IMF) deal is expected to catalyse a total of $20 billion in foreign support…
IMF board to meet on Egypt loan deal before March-end
The International Monetary Fund's executive board is expected to meet before the end of March to approve the…
Georgieva: IMF-Egypt deal ‘significant step’
International Monetary Fund Managing Director Kristalina Georgieva said in a tweet on Wednesday the staff-level…
PM: New IMF deal to help Egypt secure World Bank, EU soft loans
Egypt’s Prime Minister Moustafa Madbouly said the new agreement with the International Monetary Fund (IMF) will…
IMF, Egypt reach staff level agreement on first, second loan reviews
Egypt and the International Monetary Fund (IMF) have reached on Wednesday staff level agreement on a set of…
URGENT: Egypt signs new IMF deal
Egypt has on Wednesday signed an agreement with the International Monetary Fund (IMF) to extend the current $3…