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…
Financial Institutions IMF bailout for Egypt seeks major cut in public debt Yomna Yasser Nov 12, 2016 0 The International Monetary Fund said Friday that its $12 billion bailout programme for Egypt is aiming to reduce…
Banks Egypt central bank receives IMF 1st tranche, foreign reserves surge to $23.3 bln Yomna Yasser Nov 11, 2016 0 The Central Bank of Egypt has received $2.75 billion from the International Monetary Fund on Friday, raising the…
Financial Institutions BREAKING: IMF board approves Egypt’s $12 billion loan deal Yomna Yasser Nov 11, 2016 0 The International Monetary Fund's executive board has approved its three-year, $12 billion loan to Egypt to support…
Financial Institutions S&P revises Egypt outlook to ‘stable’ citing IMF support Yomna Yasser Nov 11, 2016 0 Standard & Poor's (S&P) Global Ratings has revised early Friday Egypt’s sovereign credit outlook up to…
Financial Institutions IMF: Egypt to get $2.75 billion on Friday if board approves bailout Yomna Yasser Nov 10, 2016 0 The International Monetary Fund will disburse an initial $2.75 million loan tranche to Egypt on Friday assuming…
Financial Institutions As IMF deal nears, Egypt secures $2 billion in financing Yomna Yasser Nov 10, 2016 0 Egypt has secured $2 billion in financing from international banks, a day before the International Monetary Fund’s…
Banks IMF chief to urge board approve $12b Egypt loan Noha Gad Nov 9, 2016 0 International Monetary Fund (IMF) managing director Christine Lagarde said she would recommend the fund’s board…
Egypt News Cabinet to submit LoI to IMF within three days: Egypt’s FinMin Noha Gad Nov 7, 2016 0 Egypt will submit within two or three days a letter of intent to the International Monetary Fund for a $12 billion…
Financial Institutions Egypt expects to sign IMF deal before November 11; says CIB chairman Yomna Yasser Nov 6, 2016 0 The International Monetary Fund will give its final approval on Egypt’s $12 billion lending programme before…