EGX 30 Hits 5765 Pts, Indices Opened Mixed; Tuesday
During Tuesday’s opening session, the Egyptian Exchange (EGX) has posted gains of EGP 340 million. The capital…
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International Monetary Fund (IMF)
International Monetary Fund (IMF), United Nations (UN) specialized agency, founded at the Bretton Woods Conference in 1944 to secure international monetary cooperation, to stabilize currency exchange rates, and to expand international liquidity.
IMF Held Productive Discussions With Egypt; Official
The International Monetary Fund held "productive" discussions with Egypt about its economic strategy, a senior…
IMF To Rescue Egypt: By Giving Them More Debt To Pay Back
The British Multi-national bank, HSBC, says that Egypt desperately needs a $4.8 billion dollar loan from the…
Egypt’s Prime Minister Meets With IMF’s Delegation Over $4.8 Bln Loan
Egyptian Prime Minister Hisham Kandil has received Monday morning the International Monetary Fund (IMF)'s…
EGX 30 Ends Sunday At 5733 Pts Ahead of IMF Visit
The Egyptian Exchange (EGX) has posted losses of EGP 537 million during Sunday’s closing session. The capital…
IMF Aide To Visit Egypt Monday To Discuss $4.8 Billion Loan Request
A senior International Monetary Fund official is set to meet with Egyptian leaders on Monday to discuss the $4.8…
Egypt To Resume Talks Over IMF Loan Next January, Borrowing Is ‘Inevitable’
Egyptian Prime Minister Hisham Kandil said on Sunday the government is planning to invite the International…
QNB Group: Developing East Asia Holds The Economic Bright Spots For 2013
The Global economic outlook continues to be revised downwards for 2013, due to weaker growth in advanced economics,…
Egypt Tourism Suffers Amid Unrest
Egypt’s tourism industry has been severely hit during the nearly two-years of political unrest in the country.…
New Tax Raises Aim At Fighting Evasion: Egypt’s Finance Minister
The recently announced tax hikes ratified by President Mohamed Morsi and revoked by him shortly after due to public…