Egypt receives most FDI in Middle East, Africa in 2019
Despite a decline of 14.9% in FDI flows to Africa and the…
G20 finance officials pledge immediate, exceptional measures to address COVID-19
To date, 42 countries have requested to be benefited from G20 DSSI,…
Egypt economy 2020 to grow 0.8% in worst case scenario: African Economic Outlook
In March, Egypt experienced portfolio outflows, 12% decline in foreign currency reserves
IMF approves 12-month $5.2bn Stand-By Arrangement for Egypt
New IMF arrangement aims to help Egypt cope with the challenges posed…
Al-Sisi reviews impacts of COVID-19 on Egypt’s economic growth
Presidential directive asks TSFE to maximise added value of state assets, properties
Egypt, IMF reach staff-level agreement on 12-Month $5.2bn stand-by arrangement
Financing from Egypt’s international partners will be critical for key reform objectives,…
COVID-19 to slash global economic output by $8.5 trn next 2 years: UN
The report estimates that GDP growth in developed economies is expected to…
Lebanon has to accept IMF’s tough conditions in return for financial support: president
Lebanon has submitted an official request to the IMF for funds for…
Egypt’s Al-Sisi, government took decisive COVID-19 response: IMF’s Georgieva
IMF fully supports Egypt’s aim to safeguard the significant gains made under…
Egypt climbs ranking of 3 most imp int’l economic indicators, thanks to economic reforms: Finance Min.
Egypt is first in emerging countries for debt reduction, second in budget…