Foreign Reserves Hit All-Time High of USD 45 bn in August: CBE

The Central Bank of Egypt (CBE) has revealed that nearly USD 53 mn were added up to the country's net foreign reserves in August, logging USD 44.969 bn from USD 44.917 bn in the previous month.

Egypt Draws Final USD 2 bn Tranche of IMF Loan

Egypt has received USD 2 bn from the International Monetary Fund (IMF), drawing the sixth and final tranche of the USD 12 bn, three-year loan program that kicked off back in November 2016

Annual Headline Inflation Drops to 12% in December: CBE

The Central Bank of Egypt (CBE) has announced that Egypt's annual headline inflation rate fell to 12% in December 2018, down from 15.7% in November of the same year, following a decrease in fruits and vegetable pr ...

Egypt to Receive 5th IMF Loan Tranche in January

The Egyptian president’s office announced on December 31 that the government will receive the fifth tranche of the USD 12 bn International Monetary Fund (IMF) loan program in January.

IMF Agrees on USD 2 bn Disbursement to Egypt

The International Monetary Fund (IMF) said on October 31 it had reached a staff-level agreement with Egypt to disburse another USD 2 bn in funds, bringing the total disbursements under the program to nearly USD 10 ...

Recent Economic Decisions to Benefit the Real Estate Sector -Coldwell Banker

Several factors are expected to contribute to growth of real estate sector, such as the upcoming International Monetary Fund (IMF) loan, the flotation of the pound, and the Cabinet’s economic reform program, accordin ...

Kuwait Real Estate Faces Slowdown -IMF

Kuwait's real estate market faces a slowdown in value and volume of sales as well as risks from a prolonged period of low oil prices, according to the International Monetary Fund (IMF).

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