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  • Gov't: Reaching agreement with IMF on dlrs 3 bn loan

    Date: 2022-10-27 12:39:02 GMT - Egypt - Economy - SN:34 - ID:9844523

    CAIRO, Oct 27 (MENA) - The Egyptian government said an agreement was reached with the International Monetary Fund (IMF) at the experts level with regard to the Egyptian national economic reform program for four years. In December 2022, the IMF ....

  • Egypt, IMF reach deal on new program: PM 2 last Cairo

    Date: 2022-10-27 12:25:23 GMT - Egypt - Economy - SN:33 - ID:9844532

    Several phases of negotiations were held prior to reaching a new deal with the International Monetary Fund (IMF), affirmed the prime minister. Egypt successfully managed to reach the agreement at the expert level, added the premier. This ....

  • Sisi receives UAE's vice president at Al Ittihadiya Palace

    Date: 2022-10-27 12:16:03 GMT - Egypt - Egypt - SN:32 - ID:9844631

    CAIRO, Oct 27 (MENA) - President Abdel Fattah El Sisi on Thursday received Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai Sheikh Mohammed bin Rashid al-Maktoum at Al Ittihadiya Palace. This was announced by ....

  • ECAHT, GIZ Egypt sign cooperation protocol

    Date: 2022-10-27 12:00:34 GMT - Egypt - Economy - SN:31 - ID:9844249

    CAIRO, Oct 27 (MENA) - The Chamber of Apparel and Home Textile Industries (ECAHT) of the Federation of Egyptian Industries (FEI) signed a cooperation protocol with Job Partnerships and SME Promotion in Egypt (JP-SME), affiliated with GIZ ....

  • Egypt's deal with IMF to enhance ability to withstand external shocks: CBE governor

    Date: 2022-10-27 11:55:05 GMT - Egypt - Economy - SN:30 - ID:9844390

    CAIRO, Oct 27 (MENA) - The deal reached with the International Monetary Fund (IMF) will undoubtedly help Egypt restore macroeconomic stability and enhance its ability to absorb external shocks, that have recently increased at the global level, ....

  • Egypt, IMF reach deal on new program: PM

    Date: 2022-10-27 11:50:52 GMT - Egypt - Egypt - SN:28 - ID:9844328

    CAIRO, Oct 27 (MENA) - Egypt has reached a deal on a new program with the International Monetary Fund (IMF), announced Prime Minister Moustafa Madbouli on Thursday. The agreement is a testament to the stability of Egypt's economy, added Madbouli ....

  • IMF announces reaching $ 3bln funding deal with Egypt

    Date: 2022-10-27 11:40:10 GMT - Egypt - Economy - SN:29 - ID:9844332

    CAIRO, Oct 27 (MENA) - Head of Mission of the International Monetary Fund (IMF) in Egypt Ivana Holler announced Thursday the Fund has reached a $ 3 billion funding deal with Egypt. The deal aims to finance budget and provide financing for ....

  • Financial policy with IMF focuses on reducing gov't debts to less than 80% - Maait

    Date: 2022-10-27 11:29:16 GMT - Egypt - Economy - SN:27 - ID:9844325

    CAIRO, Oct 27 (MENA) - Finance Minister Mohamed Maait said the financial policy with the International Monetary Fund (IMF) focuses on reducing government debts to less than 80% of Gross Domestic Product (GDP). Maait said at a press conference ....

  • Awqaf to distribute 600 tons of meat among needy families under Sisi’s directives

    Date: 2022-10-27 11:08:56 GMT - Egypt - Local - SN:26 - ID:9844204

    CAIRO, Oct 27 (MENA) – The Ministry of Awqaf has launched an initiative to double quantities of meat distributed monthly for needy families to 200 tons. The ministry said in a statement on Thursday that this amount of meat will be distributed ....

  • Electricity reserves hit 13,000 MW in Egypt - IDSC

    Date: 2022-10-27 11:05:29 GMT - Egypt - Egypt - SN:25 - ID:9844155

    CAIRO, Oct 27 (MENA) - The Cabinet's Information and Decision Support Center's (IDSC) said reserves of electrical energy reached 13,000 MW, approaching global reserve rate (25% of generated energies). This came in an infographic published by the ....

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