Egypt FinMin, CBE governor in Washington for new round of IMF talks
Egypt’s central bank governor Tarek Amer and Minister of Finance Amr el-Garhy are conducting a new round of loan…
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CBE provides 10-year interest-free loan to 3 major banks
The Central Bank of Egypt (CBE) on Wednesday provided an interest-free loan to three major banks, including the…
Parliament endorses Japan’s JICA $111mn-loan for Hurghada solar plant
Egyptian parliament approved Tuesday the presidential decree no. 285 for 2016 in regards to a 11.2 billion yen…
Egypt’s first tranche of IMF finance worth $4 bln, delivered in 2 installments
The $12 billion loan facility that the International Monetary Fund has preliminarily agreed to provide for Egypt…
Egypt’s political parties, figures sign petition asking al-Sisi to suspend IMF loan
Several political entities, parties, and figures sent a signed petition to President Abdel Fattah al-Sisi to…
IMF deal a ‘lifeline’ for Egypt but long-term impact unclear: economists say
Egypt and the International Monetary Fund announced Thursday that they had agreed on an initial financing accord,…
IMF deal a ‘lifeline’ for Egypt but long-term impact unclear: economists say
Egypt and the International Monetary Fund announced Thursday that they had agreed on an initial financing accord,…
Stocks in Egypt end 1% higher as country strikes IMF loan deal
Egypt’s stock market traded higher on Thursday after the country agreed a three-year, $12 billion loan agreement…
IMF’s $12 bln loan ‘not enough’ to save Egyptian pound: ex-finance minister
A $12 billion IMF loan will definitely support Egypt’s foreign reserves and budget but it won’t be enough to curb…
BREAKING: IMF says reaches staff-level $12 bln loan agreement with Egypt
The International Monetary Fund said on Thursday it has reached a deal to assist Egypt with a three-year loan…
