Egypt to turn once again to the International Monetary Fund (IMF), which on June 26 agreed to the former's request for a one-year, USD 5.2 bn (EGP 84 bn) financing package, as the country's economy reels from the ...
The International Monetary Fund (IMF) has approved Egypt’s request for USD 2.772 bn in financial aid to address the urgent balance of payment needs stemming from the COVID-19 outbreak.
The Central Bank of Egypt (CBE) has indicated that the country managed to add USD 112 mn to its reserves base in May to close the month at USD 44.274 bn, compared to USD 44.218 bn at end-April
The Central Bank of Egypt (CBE) announced on March 4 that the net foreign reserves surged to USD 44.060 bn at the end of February, up from USD 42.616 bn a month earlier
The International Monetary Fund’s (IMF's) executive board completed on February 2 the fourth review of Egypt’s economic reform program, allowing the country to draw about USD 2 bn worth of loan, bringing the count ...
Egypt-based Palm Hills Developments' board has approved increasing the credit facility limit for The Crown compound, west Cairo, to EGP 1.24 bn from EGP 852 mn
Christine Lagarde, Managing Director of the International Monetary Fund (IMF), revealed that Egypt's economy is witnessing strong signs of recovery
Egypt and the International Monetary Fund (IMF) have reached a staff-level agreement on disbursing the USD 2 bn tranche of its USD 12 bn Extended Fund Facility
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