Egypt cannot afford to postpone the IMF loan: expert
During his meeting with the editors-in-chief of national newspapers on Friday, President Abdel Fattah Al-Sisi…
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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 loan deal means Egypt is able to pay it back: Sisi
In his meeting with the editors-in-chief of national newspapers, Egyptian President Abdel Fattah al-Sisi said that…
Egyptian stocks jump 3.9% higher on Saudi IMF-deal boost deposit
Egypt’s stock market climbed Thursday powered by the news of receiving a $2 billion deposit from Saudi Arabia…
Egypt’s Saudi $2 billion deposit showed in Sept reserves: PM
Egypt received a $2 billion central bank deposit from Saudi Arabia during September, the country’s prime minister…
Egypt receives $2 billion Saudi deposit in boost for IMF deal: sources
Egypt has received a $2 billion deposit from Saudi Arabia, an Egyptian central bank official said on Wednesday,…
Egypt stocks snap four-session winning streak on Saudi Aramco news
Egypt’s stock market, which had risen strongly for four straight days on signs the country is nearing the…
Bankers rule out floating Egyptian currency before making official request for IMF loan
Bankers ruled out the flotation of the Egyptian pound by Egypt’s central bank before making the official request to…
Making Egyptian pound exchange price more flexible is essential: IMF
Increasing the flexibility of the Egyptian currency’s exchange price is an essential part of the government’s…
Cairo stocks close 0.82% higher cheered by IMF loan progress
Egypt's stock market closed higher on Sunday as investors welcome news of progress toward the country obtaining the…
Lagarde: Egypt has to do more on exchange rate, subsidies files to seal $12bn deal
Egypt has “almost completed” the actions required for International Monetary Fund’s $12 billion loan, but some…