Dollar breaks 50-pound mark For the first time since the exchange rate was liberalized,... Businessmen Team 05 Dec 2024 This development aligns with the recent statements of Prime Minister Dr. Moustafa Madbouly, who ack...
Egypt requests increased IMF loan disbursement Informed sources familiar with the ongoing fourth review between Egypt... Businessmen Team 12 Nov 2024 This increased allocation is anticipated to be the largest tranche among the various tranches of th...
Georgieva: Egypt's economic reforms enhance resilience Prime Minister Dr. Moustafa Madbouly confirmed the ongoing partnership between... Businessmen Team 03 Nov 2024 This statement came during a press conference held at the Prime Minister's Office on Sunday, betwee...
Sisi pledges relief amid rising costs President Abdel Fattah El-Sisi received on Sunday Director General of... Businessmen Team 03 Nov 2024 Ambassador Ahmed Fahmy, the official spokesman for the Presidency, stated that the meeting focused...
Kouchouk: Egypt looks forward to constructive dialogue with IMF Minister of Finance Ahmed Kouchouk concluded his participation in the... Businessmen Team 27 Oct 2024 He also held a number of bilateral meetings with his counterparts in several countries to strengthe...
Kouchouk urges expansion of debt-for-investment swaps Minister of Finance, Ahmed Kouchouk, has emphasized three key priorities... Businessmen Team 23 Oct 2024 Speaking at a session titled 'Africa's Agenda for Fiscal Reform' during the annual meetings of the...
IMF sees Egypt's economy improving in 2025 The International Monetary Fund (IMF) has projected an improvement in... Businessmen Team 22 Oct 2024 On a global level, the IMF has warned that escalating regional conflicts, especially in the Middle...
Central Bank profitability soars following policy shift The Central Bank of Egypt announced today, Tuesday, that it... Businessmen Team 28 Aug 2024 According to the Central Bank's annual report, the bank achieved a remarkable turnaround, recording...
El-Mashat meets with IMF to enhance National Accounts System Dr. Rania Al-Mashat, Minister of Planning, Economic Development and International... Businessmen Team 08 Aug 2024 This aligns with the Ministry's role in strengthening partnerships with development partners and in...
Al-Mashat: Intra-African trade fuels economic growth Dr. Rania Al-Mashat, Minister of Planning, Economic Development and International... Businessmen Team 05 Aug 2024 The final statement outlined four key areas to boost intra-African trade: (1) strengthening and dig...
Madbouly: IMF backs Egypt government with third review approval Prime Minister Dr. Moustafa Madbouly confirmed that Monday's IMF Board... Businessmen Team 30 Jul 2024 This came during Madbouly’s presidency of the government meeting on Tuesday, at its headquarters in...
Kouchouk: Egypt to secure third IMF tranche worth $820 million Ahmed Kouchouk, Minister of Finance, said that the approval of... Businessmen Team 30 Jul 2024 The minister anticipates receiving the third tranche of the economic reform program, amounting to $...