The private sector should make up at least 65 – 70 per cent of Egypt’s economy, said …
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International Monetary Fund
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BanksFeatureFinancial InstitutionsInternational NewsNews
IMF lifts global growth forecast to 3.2% in ’24
by Nada Aliby Nada AliThe International Monetary Fund (IMF) revised on Tuesday the growth forecast upwards to 3.2, reflecting a 0.1 …
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Egypt NewsFeatureFinancial InstitutionsMoneyNewsURGENT
IMF: Egypt’s GDP to grow 3% in 2024, 4.4% in 2025
by Yomna Yasserby Yomna YasserEgypt’s economy will grow by 3.0 per cent in 2024, slower than previously forecast, the International Monetary …
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Factory activity in many Asian economies weakened in March, with some exceptions in China and South Korea.
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Egypt NewsFeatureFinancial InstitutionsMoneyNews
Georgieva: IMF-Egypt deal ‘significant step’
by Yomna Yasserby Yomna YasserInternational Monetary Fund Managing Director Kristalina Georgieva said in a tweet on Wednesday the staff-level agreement with …
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BanksEgypt NewsFeatureFinancial InstitutionsMoneyNews
PM: New IMF deal to help Egypt secure World Bank, EU soft loans
by Yomna Yasserby Yomna YasserEgypt’s Prime Minister Moustafa Madbouly said the new agreement with the International Monetary Fund (IMF) will enable …
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Egypt NewsFeatureFinancial InstitutionsMoneyNews
URGENT: Egypt signs new IMF deal
by Yomna Yasserby Yomna YasserEgypt has on Wednesday signed an agreement with the International Monetary Fund (IMF) to extend the current …
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BanksEgypt NewsFeatureNews
Egypt’s c. bank achieves net profit of EGP 80.2b in Jan.
by Nada Aliby Nada AliThe Central Bank of Egypt (CBE) achieved a net profit of 80.230 billion Egyptian pounds during January …
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BanksFeatureFinancial InstitutionsInternational NewsMENA NewsNews
IMF: Red Sea shipping activity down 50% due to Gaza war
by Nada Aliby Nada AliShipping in the Red Sea has decreased by 50 per cent due to geopolitical tensions and the …
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