INTERVIEW: IMF official says low oil prices still hurting Mideast
Oil-producing Mideast countries are coping with low global oil prices, yet more government reforms are needed, the…
Browsing Tag
Masood Ahmed
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…
IMF official expects first payout to Egypt worth around $2.5 billion
The International Monetary Fund's initial loan payout to Egypt will be worth around $2.5 billion, Masood Ahmed,…
IMF mission to start loan talks with Egypt next July 30
An International Monetary Fund (IMF) staff mission will pay an official visit to Cairo starting next July 30 to…
IMF confirms Egypt loan request, says to send mission to Cairo
The International Monetary Fund (IMF) confirmed on Tuesday that Egypt had asked it for financial support programme…
IMF ‘praises’ Egypt’s efforts to improve customs
An International Monetary Fund (IMF) delegation submitted a report to the Egyptian Ministry of Finance in which it…
IMF: War, oil rout erode Middle East, Central Asia growth prospects
Wars and depressed crude oil prices have diminished growth prospects for the Middle East and central Asia, and…
Egypt’s financing gap to reach $20bn in coming two years: IMF official
The gap in Egypt's financing is estimated at $20 billion over the coming two years, Masood Ahmed, International…
IMF Mission visits Egypt next June, urging Continued Reforms
An International Monetary Fund (IMF) mission is scheduled to visit Egypt next June, IMF’s Communications Department…
Egypt Stocks jump Tuesday on IMF Positive Remarks
Egypt’s stocks surged Tuesday posting gains worth 6.2 billion Egyptian pounds (US$812 million) backed by IMF’s…
IMF MENA conference on May 6 in Dubai
The Dubai Economic Council and the International Monetary Fund will jointly launch the IMF’s “Regional Economic…
IMF Says Still Ready to Aid Egypt When Needed
The International Monetary Fund remains ready to provide aid to Egypt when Cairo requests it, a senior IMF official…
IMF Commends Egypt $3 bln Plan to Create Jobs, Boost Economy
The International Monetary Fund commended Egypt’s plan to boost public spending by $3 billion to create jobs and…
No Agreement Between IMF and Egypt – IMF Official
The International Monetary Fund does not yet have an agreement with Egypt on providing financial support to the…
IMF Says Egypt Budget Gap Worrying, Urges Yemen To Finalize Economic Program
Egypt's worsening fiscal gap is a concern but the International Monetary Fund is still ready to continue talks on a…
EGX 30 Ends Above 5235 Pts, Market Awaits IMF Accord, OCI Tax Clues
The Egyptian Exchange (EGX) has pared its midday gains driven by the foreign selling pressures. The EGX has gains…
EGX 30 Ends Below 5255 Pts As IMF-Egypt Loan Remains Uncertain
The Egyptian Exchange (EGX) has turned its opening gains into losses by the end of Sunday’s sessions. The EGX has…
Despite IMF Loan Continuing Saga, EGX 30 Starts Week Above 5280Pts
The Egyptian Exchange (EGX) has opened a new week with gain worth EGP 1.43 billion despite the conflicting…
Qatar Aid To Egypt Not A Substitute For IMF Loan – Official
The International Monetary Fund official asserted on Friday that Qatar's US$5 billion aid for Egypt would not be a…
IMF Says Hoping To Conclude Egypt Loan Talks ‘As Quickly As Feasible’
Washington - The International Monetary Fund and Egyptian finance officials are working to conclude the talks "as…
Egypt Held Talks With IMF Official Over US$4.8 Bln Loan In Dubai
The Egyptian authorities held an “important and decisive” meeting with Masood Ahmed, Director of the International…
IMF Could Change Size Of $4.8 Bln Egypt Loan -Official
The International Monetary Fund could conceivably change the size of the $4.8 billion loan which it is negotiating…
IMF Mission To Visit Egypt In Early April For Loan Talks
The International Monetary Fund said on Thursday it would visit Egypt in the "first days of April" for talks with…
FinMin: IMF Technical Team to Visit Egypt ‘Within Days’
Egyptian Finance Minister Al-Morsi Al-Sayed Hegazy said in a conference on Sunday a technical team from the…
IMF Says Made Very Good Progress In Loan Talks With Egypt
In an IMF statement, top official Masood Ahmed said Egypt and the fund made very good progress in talks over the…
IMF Technical Team Arrives In Egypt In Effort To Boost Turbulent Economy
The IMF technical team has arrived in Egypt Sunday morning so as to reopen negotiations with the Egyptian…
Top IMF Official To Visit Egypt For Talks On Economy
A senior official from the International Monetary Fund will visit Cairo starting on Sunday for talks with the…
Egypt Hits Problems Over IMF Loan
Egypt's efforts to secure a critical $4.8bn loan from the International Monetary Fund have run into fresh…
EGX 30 Climbs 1.23%, Ends Above 5800 Pts Backed By Arab Buyers
The Egyptian Exchange (EGX) has doubled its early gains to EGP 2.31billion during Tuesday’s closing session. The…
EGX 30 Hits 5765 Pts, Indices Opened Mixed; Tuesday
During Tuesday’s opening session, the Egyptian Exchange (EGX) has posted gains of EGP 340 million. The capital…
IMF Held Productive Discussions With Egypt; Official
The International Monetary Fund held "productive" discussions with Egypt about its economic strategy, a senior…
Egypt’s Prime Minister Meets With IMF’s Delegation Over $4.8 Bln Loan
Egyptian Prime Minister Hisham Kandil has received Monday morning the International Monetary Fund (IMF)'s…
IMF Aide To Visit Egypt Monday To Discuss $4.8 Billion Loan Request
A senior International Monetary Fund official is set to meet with Egyptian leaders on Monday to discuss the $4.8…
Egypt Has Yet to Present Reform Plan, IMF Says
The Egyptian government has yet to present a detailed economic reform program to the International Monetary Fund,…
IMF Says Ready To Send Team For Egypt Talks
Masood Ahmed, Director for the Middle East and Central Asia at The International Monetary Fund (IMF) said in an…
Egypt To Work Harder To Secure IMF Aid
Egypt needs to do more to secure a $3.2 billion loan from the International Monetary Fund, including gathering…
Egypt Makes More Progress In IMF Loan Deal
The International Monetary Fund said on Friday Egypt's government and political partners have made good progress in…