IMF expects board to consider Egypt $12 billion loan within weeks
The International Monetary Fund announced Thursday that a $12 billion loan programme for Egypt should soon be ready…
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INTERVIEW: IMF’s Lagarde says Egypt exchange rate must be addressed
Egypt is facing a crisis in terms of foreign currency exchange rates which must be addressed, as the official rates…
Japan secures $460 million to finance Grand Egyptian Museum
Egypt and Japan signed Monday financing agreements for the completion of the Grand Egyptian Museum, which will…
FinMin: Egypt to issue $2 billion in international bonds in November
Egypt will issue around $2 billion in international bonds, less than previously announced, and will start a…
Egypt PM expects signing IMF deal within two months
Egypt hopes to obtain final approval for its $12 billion International Monetary Fund lending programme within two…
Misr Insurance insures BP’s gas find Atoll for $1.3 billion
Egypt’s Misr Insurance has won a tender to provide insurance coverage for BP’s latest find, the Atoll deepwater gas…
EU, UNDP inaugurate artificial limbs centre in Egypt’s north west coast
Egypt, the European Union, and the United Nations Development Programme has inaugurated Friday the first artificial…
Wethaq Takaful Egypt targets S&P, A. M. Best credit ratings by FY2018-19
Egypt’s Wethaq Takaful Insurance Company says it is seeking a new credit rating from a number of global credit…
Egypt to receive first $2.5 billion payout of IMF loan ‘in 15 days’
Egypt is set to receive the first $2.5 billion tranche of a $12 billion three-year loan facility from the…
Brexit may leave negative impact on Egypt’s economy: IMF
Britain’s decision to leave the European Union may leave a negative impact on the Egyptian economy, according to an…