The Egyptian pound (EGP) has regained ground against the US dollar in recent months, supported by rising foreign reserves, ...

Arab Finance: The International Monetary Fund (IMF) has upgraded its forecasts for Egypt’s real gross domestic product (GDP) growth for the fiscal year (FY) 2024/2025 by 0.2%, expecting it to hit 4%, ...

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’s net international reserves (NIRs) hit a new record at the end of July, reaching $49.03 billion, up from $48.7 billion recorded at the end of June, a growth of $336 million, per Central Bank of ...

CAIRO (AP) — The International Monetary Fund said Tuesday it completed its fourth review of Egypt’s economic reform program approving a $1.2 billion disbursement for the North African country.

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.

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 ...

Egypt, IMF resume talks over $4.8b loanPresidential spokesman Yasser Ali said Egypt had presented its program of economic reforms to the IMF, also giving no details. His comments were carried on a ...

Egypt should refuse a $4.8 billion loan from the International Monetary Fund rather than submit to terms that would further impoverish the poor and could spark a revolution of the hungry, leftist ...

The International Monetary Fund says it has completed its fourth review of Egypt’s economic reform program, approving a $1.2 billion disbursement for the North African country.