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925 Bel3arabyCover Story

IMF Boosts Egypt’s Loan Program by $5 Billion Amid Currency Devaluation

The Executive Board of the International Monetary Fund has given the green light to a $5 billion boost in Egypt’s loan program, echoing...

Editor's PicksSerious Business

Egypt’s 2020 Economy in Numbers: What the Finance Minister, IMF, and Oxford Business Group Tell Us

Upon the arrival of the coronavirus pandemic, global economies took a massive hit and experienced a global recession. In their newly published reports,...

Real TalkSerious Business

Egypt’s Economic Battle Against COVID-19

In yesterday’s press conference with the Prime Minister Mostafa Madbouly, the Governor of Egypt’s Central Bank Tarek Amer and several ministers, it was...

Quick Updates

International Monetary Fund Estimates Egypt’s Debt to Decline by 2022

The International Monetary Fund (IMF) expects Egypt’s debt to decline to reach 75% by 2022/2023 if the economic reform program continues to be...

Quick Updates

95 GASOLINE EXPECTED TO FLOAT TO INTERNATIONAL PRICES IN MARCH

According to a senior governmental official who chose to anonymously speak to Bloomberg, Egypt will receive the fifth installment of the $12 billion...