IMF approves $2.772 billion in emergency support to Egypt to address coronavirus
The executive board of the International Monetary Fund (IMF) has approved on Monday a $2.772 billion worth of…
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Egypt’s economy
Egypt’s economy seen slowing to 2% in 2020-21 if coronavirus persists till Dec. – minister
Egypt's economy was set to grow 3.5 percent in the financial year 2020-21 which starts in July, but growth could…
Capital Economics gloomily sees Egypt in worst recession since 1954 due to coronavirus
Egypt could be plunged this year into its worst economic recession since 1954 due to the novel coronavirus…
Moody’s says Egypt’s economy seen growing by 4.4% June-end
Credit rating agency Moody's said on Tuesday it anticipates Egypt’s economy to grow 4.4 percent in the current…
Moody’s affirms Egypt’s B2 credit rating with stable outlook
Ratings agency Moody's has kept on Saturday Egypt’s credit rating at B2 with a stable outlook.
S&P affirms Egypt’s ‘B/B’ ratings, but says coronavirus to cause plunge…
Rating agency S&P Global affirmed on Friday its 'B/B' long- and short-term foreign and local currency sovereign…
Egypt is a country of priority for IFC’s financing for coronavirus-battered economies
Egypt is a country of priority for the International Finance Corporation’s (IFC) provided finances for…
Egypt can neutralise coronavirus impact on economy; says central bank governor
Egypt’s central bank is capable of shielding the country’s economy from the impact of the coronavirus, its governor…
Egypt’s economy can weather foreign crises: Amer
The Governor of the Central Bank of Egypt (CBE) Tarek Amer has stressed that Egypt’s economy has become stronger to…
IMF says Egypt needs new ‘reform programme’ to develop private sector
The International Monetary Fund (IMF) on Thursday recommend that Egypt needs a new package of reforms geared…