Egyptian government concludes 10% stake sale deal of Telecom Egypt for EGP 196mln
The Egyptian Stock Exchange (EGX) announced on Sunday the completion of a 196 million Egyptian pound deal for a ten…
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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.
UK economy to avoid recession- IMF forecast
The UK economy is expected to grow by 0.4 percent in 2023, avoiding a recession, the International Monetary Fund…
AfDB aims to expand discussion with IMF over SDRs, debt relief
The African Development Bank’s (AfDB) chairman praised that it is important to expand the discussion around debt…
AfDB working to secure $3bln to compensate Zimbabwe’s white farmers
The African Development Bank Group (AfDB) had developed the financial tools required to pay $3 billion in…
IMF, Jordan reach staff-level agreement
The International Monetary Fund (IMF) has reached a staff-level agreement with Jordan to bring the fund’s…
Global economy to grow by 2.3% in 2023- UN
Global economic growth is predicted to reach 2.3 percent in 2023 and 2.5 percent in 2024, the United Nations stated…
Israel growth slows amidst judicial reforms – IMF
Israel’s growth is having a slow pace in 2023 following its 2022 recovery, with signs pointing at the risks taking…
IMF reaches loan agreements over $1.8bln with Senegal
The International Monetary Fund (IMF) had reached an agreement with Senegal over loan facilities totaling $1.9…
Moody’s places Egypt’s B3 ratings on review – report
Moody's Investors Service (Moody's) has placed on Wednesday Egypt's B3 long-term foreign-currency and…
Egypt pays more than $8bln from its debt – minister
Egypt is committed to the government's rollout programme on time, said Minister of Finance, Mohamed Maait on Monday…