Kenya plans to draw down on a $1.5-billion loan agreed with Abu Dhabi in tranches to remain within borrowing thresholds set in an International Monetary Fund (IMF ... billion investment deal for Egypt ...

Egypt kept its interest rates at a record high for the fifth straight meeting even as it weighed the impact of subsidy cuts.

Prime Minister Mostafa Madbouly stated in the weekly government meeting that the International Monetary Fund (IMF), in partnership with the ... He also noted that Fitch Ratings had upgraded Egypt's ...

PM Modi also had informal interactions and pull aside meetings with leaders of Singapore, South Korea, Egypt, USA and Spain and with ... Director General Tedros Adhanom Ghebreyesus, and International ...

The EFF is facility through which the IMF provides medium-term assistance to countries in need, aiming to help them with ...

Stock markets in the Gulf tracked global shares lower on Thursday as tension between Russia and Ukraine kept investors on ...

Egypt has begun the sale of a stake worth up to $104m in United Bank, said to be the country's first initial public offering ...

Egypt’s pound has slipped to its lowest level since a devaluation in March, amid a broad sell-off in emerging markets and ...

Egypt is poised to keep interest rates at a record high as it awaits the full inflationary impact of a fuel-price hike and ...

The IMF says Egypt is committed to reforms and it is ready to help the country meet its financial needs, a spokesperson for the Fund said Thursday, (September 12) in Washington, D.C. The Fund’s ...

The International Monetary Fund on Wednesday said its staff and Egyptian authorities have made “substantial progress on ...

The review, which could unlock more than $1.2 billion in financing, is the fourth under Egypt's latest 46-month IMF loan ...