Feature Private sector should make up 70% of Egypt’s economy – minister Yomna Yasser Apr 17, 2024 0 The private sector should make up at least 65 – 70 per cent of Egypt’s economy, said Finance Minister Mohamed Maait…
Feature IMF lifts global growth forecast to 3.2% in ’24 Nada Ali Apr 16, 2024 0 The International Monetary Fund (IMF) revised on Tuesday the growth forecast upwards to 3.2, reflecting a 0.1…
Feature IMF: Egypt’s GDP to grow 3% in 2024, 4.4% in 2025 Yomna Yasser Apr 16, 2024 0 Egypt’s economy will grow by 3.0 per cent in 2024, slower than previously forecast, the International Monetary Fund…
International News Asia factory activity slumps in March Nada Ali Apr 1, 2024 0 Factory activity in many Asian economies weakened in March, with some exceptions in China and South Korea.
Money Pakistan’s c. bank holds rate steady at 22% Nada Ali Mar 18, 2024 0 Pakistan's central bank maintained its key interest rate at 22 per cent for the sixth consecutive policy meeting on…
Money Georgieva: IMF-Egypt deal ‘significant step’ Yomna Yasser Mar 6, 2024 0 International Monetary Fund Managing Director Kristalina Georgieva said in a tweet on Wednesday the staff-level…
Money PM: New IMF deal to help Egypt secure World Bank, EU soft loans Yomna Yasser Mar 6, 2024 0 Egypt’s Prime Minister Moustafa Madbouly said the new agreement with the International Monetary Fund (IMF) will…
Money URGENT: Egypt signs new IMF deal Yomna Yasser Mar 6, 2024 0 Egypt has on Wednesday signed an agreement with the International Monetary Fund (IMF) to extend the current $3…
Banks Egypt’s c. bank achieves net profit of EGP 80.2b in Jan. Nada Ali Feb 27, 2024 0 The Central Bank of Egypt (CBE) achieved a net profit of 80.230 billion Egyptian pounds during January 2024, the…
Financial Institutions IMF: Red Sea shipping activity down 50% due to Gaza war Nada Ali Feb 11, 2024 0 Shipping in the Red Sea has decreased by 50 per cent due to geopolitical tensions and the conflict in Gaza,…