Egypt makes major strides in debt reduction – IIF shows
The IIF's June report on Egypt's economy highlighted its financial resilience and promising outlook.
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IIF expects Egypt’s economy to grow 2.3% in FY2020/2021
Egypt’s economy is expected to grow 2.3 percent in the 2020/2021 financial year ending in June, The Institute of…
GCC countries witness worst economic crisis in history-IIF
The six Gulf Cooperation Council (GCC) nations are witnessing their worst economic crisis in history amid the…
Egypt growth to decline 2.7 %, various sectors will be affected: IIF
The Institute of International Finance (IIF) changed its forecasts for Egypt's growth to 2.7 percent from 5.4…
Global financing may face a ‘Sudden Stop’ with coronavirus as main driver: IIF
“We worry a global sudden stop in financing is beginning to emerge, with COVID-19 the underlying driver,” the…
Saudi stock market aims to allure $5 bln in second phase of MSCI upgrade
The Institute of International Finance (IIF) said on Thursday that after the full inclusion on the MSCI emerging…
Egypt’s central bank seen cutting interest rates next meeting: IIF
Egypt’s central bank is likely to cut its key interest rates in its upcoming monetary policy meeting, an Institute…
Egypt expects to sign $12 billion IMF loan deal ‘within few weeks’
Egypt is expected to have the final approval of the International Monetary Fund’s three-year $12 billion lending…
