News

Egypt's annual core inflation rose to 11.6 percent in July, up from 11.4 percent in June, according to the Central Bank of ...
Egypt's annual urban consumer price inflation dropped to 13.9% in July from 14.9% in June, data from statistics agency CAPMAS ...
Egypt’s USD 8 billion (EGP 392.48 billion) loan agreement with the International Monetary Fund (IMF) remains at the center of ...
In July, Egypt's annual urban consumer price inflation decreased to 13.9% from 14.9% in June, as reported by statistics ...
Egypt’s economic outlook remains resilient despite mounting global headwinds, according to the international banking group ...
Egypt's economy likely grew 4.0% in the fiscal year that ended in June, a slight upward revision from the 3.8% forecast in ...
Arab Finance: The International Monetary Fund (IMF) has upgraded its forecasts for Egypt’s real gross domestic product (GDP) ...
Egypt reached a deal with the IMF last spring to more than double the size of its bailout to $8 billion. The price hikes have been deemed necessary to meet conditions set by the IMF for further ...
CAIRO (Reuters) -Egypt's net foreign assets jumped by $4.9 billion in March, central bank data showed, apparently boosted by the approval of the fourth review of the country's IMF programme.
The IMF's executive board also approved Egypt's request for an arrangement under the resilience and sustainability facility with access to about $1.3 billion, the lender said in a statement.
Egypt amended value-added taxes on cigarettes and alcoholic drinks and introduced a levy on crude oil to boost revenue as part of International Monetary Fund-backed reforms. The revisions include ...
Strong foreign exchange inflows from portfolio investments and official sectors are bolstering confidence in the Egyptian ...