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Egypt has received USD 28 billion in IMF support through three separate cooperation programs since November 3rd, 2016.
Egypt says it needs 250,000 more hotel rooms to be constructed if its to hit its tourism goals for the next decade.
Arabian Gulf Business Insight on MSN6d
IMF urges Egypt to accelerate sale of state assets
The International Monetary Fund has urged Egypt to move faster in selling off state assets to spur growth and reduce debt.
Egypt announced its first interest-rate cut in almost five years last month, after annual consumer-price growth declined to ...
Growth expectations for the upcoming FY 2025/2026 were also revised upward to 4.3%, compared to an earlier forecast of 4.1% ...
Jihad Azour, director of the Middle East and Central Asia Department at the IMF, said growth is expected to keep improving in ...
The Great Mosque of Egypt in the new administrative capital Running in tandem with this growth is a dual devaluation of its ...
The MENA non-oil importers are now expected to see real GDP growth of 3.4 per cent in 2025, versus an earlier forecast of 3.6 ...
Mashat reviewed the most important economic developments, including the results of Egypt’s participation in the Spring Meetings of the International Monetary Fund (IMF) and the World Bank, and their ...