Financial Institutions IMF cuts Saudi Arabia growth forecast on lower oil output Yomna Yasser Jan 18, 2017 0 The International Monetary Fund (IMF) has cut on Tuesday its growth outlook for Saudi Arabia on lower oil…
Egypt News Administrative court refers lawsuit to suspend IMF loan to commissioners body Noha Gad Jan 18, 2017 0 An administration court referred on Tuesday a lawsuit calling for the suspension of the $12 billion loan agreement…
Financial Institutions Moody’s: Egypt economy to grow 4.5% in 2017/18 Yomna Yasser Jan 16, 2017 0 Credit rating agency Moody’s said Sunday it forecasts Egypt’s economy to grow by 4.0 percent and 4.5 percent in…
Egypt News Finance Minister announces terms of IMF loan agreement Noha Gad Jan 16, 2017 0 Minister of Finance Amr El-Garhy announced the terms of the loan agreement with the International Monetary Fund…
Banks Egypt to pay $720 million to Paris Club this month Yomna Yasser Jan 2, 2017 0 Egypt plans to pay back around $720 million to the Paris Club of creditor countries this month, the central bank…
Financial Institutions Saudi Arabia on track for IMF 2016 budget deficit forecast Yomna Yasser Nov 24, 2016 0 Saudi Arabia is likely to reduce its budget deficit this year to the level forecast by the International Monetary…
EGX Egyptian stocks surge following IMF bailout approval Yomna Yasser Nov 13, 2016 0 Egypt’s stock market surged for the 12th straight session on Sunday as the International Monetary Fund’s board…
Financial Institutions Egypt IMF loan to be repaid in 10 yrs, targets higher growth Yomna Yasser Nov 13, 2016 0 Egypt’s three-year, $12 billion IMF loan scheme will be repaid in 10 years with a grace period of 4 years and half…
Financial Institutions IMF’s Jarvis: Egypt to receive second tranche in spring Yomna Yasser Nov 13, 2016 0 Egypt is expected to receive the second tranche of the International Monetary Fund's $12 billion loan in the…
Egypt News Egypt optimistic about economy after IMF loan approval: PM Ghada Ismail Nov 13, 2016 0 There is an atmosphere of optimism about the Egyptian economy as the International Monetary Fund (IMF) has approved…