Former PM and Congress leader Dr Manmohan Singh passed away at AIIMS in Delhi, on Thursday, 26 December. He was 92. Singh ...

Egypt’s held its benchmark interest rate steady on Thursday, opting to keep it at a record high even as double-digit ...

Egypt and the International Monetary Fund (IMF) have reached a preliminary deal that would likely unlock a further tranche of ...

During the bell-ringing ceremony, Central Bank of Egypt (CBE) Governor Hassan Abdalla emphasized the significance of the ...

The International Monetary Fund said Tuesday that it has reached a deal with Egyptian authorities allowing the country access to about $1.2 billion.The funding access is subject to executive board ...

Prime Minister Mostafa Madbouly announced that Egypt has successfully repaid approximately USD 38.7 billion in debts ...

The agreement includes recalibrating Egypt's fiscal commitments to create space for critical social programmes benefiting ...

Egypt's Prime Minister Mostafa Madbouly confirmed that the amount of debt due in the coming year will be less than what was ...

When African nations accumulate significant debt with the IMF, they are frequently forced to enact strict economic reforms ...

As several African nations continue to grapple with economic instability, many have turned to the International Monetary Fund ...

Egypt, grappling with high inflation and shortages of foreign currency, agreed to the $8bn, 46-month facility in March.

Madbouly noted that Ivanna Vladkova Hollar, head of the IMF mission to Egypt, confirmed an agreement at the expert level ...