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Economy
- Service : English General
- Category : Economy
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Gov't: Reaching agreement with IMF on dlrs 3 bn loan
Date: 2022-10-27 12:39:02 GMT - Egypt - Economy - SN:34 - ID:9844523
CAIRO, Oct 27 (MENA) - The Egyptian government said an agreement was reached with the International Monetary Fund (IMF) at the experts level with regard to the Egyptian national economic reform program for four years. In December 2022, the IMF ....
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Egypt, IMF reach deal on new program: PM 2 last Cairo
Date: 2022-10-27 12:25:23 GMT - Egypt - Economy - SN:33 - ID:9844532
Several phases of negotiations were held prior to reaching a new deal with the International Monetary Fund (IMF), affirmed the prime minister. Egypt successfully managed to reach the agreement at the expert level, added the premier. This ....
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ECAHT, GIZ Egypt sign cooperation protocol
Date: 2022-10-27 12:00:34 GMT - Egypt - Economy - SN:31 - ID:9844249
CAIRO, Oct 27 (MENA) - The Chamber of Apparel and Home Textile Industries (ECAHT) of the Federation of Egyptian Industries (FEI) signed a cooperation protocol with Job Partnerships and SME Promotion in Egypt (JP-SME), affiliated with GIZ ....
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Egypt's deal with IMF to enhance ability to withstand external shocks: CBE governor
Date: 2022-10-27 11:55:05 GMT - Egypt - Economy - SN:30 - ID:9844390
CAIRO, Oct 27 (MENA) - The deal reached with the International Monetary Fund (IMF) will undoubtedly help Egypt restore macroeconomic stability and enhance its ability to absorb external shocks, that have recently increased at the global level, ....
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IMF announces reaching $ 3bln funding deal with Egypt
Date: 2022-10-27 11:40:10 GMT - Egypt - Economy - SN:29 - ID:9844332
CAIRO, Oct 27 (MENA) - Head of Mission of the International Monetary Fund (IMF) in Egypt Ivana Holler announced Thursday the Fund has reached a $ 3 billion funding deal with Egypt. The deal aims to finance budget and provide financing for ....
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Financial policy with IMF focuses on reducing gov't debts to less than 80% - Maait
Date: 2022-10-27 11:29:16 GMT - Egypt - Economy - SN:27 - ID:9844325
CAIRO, Oct 27 (MENA) - Finance Minister Mohamed Maait said the financial policy with the International Monetary Fund (IMF) focuses on reducing government debts to less than 80% of Gross Domestic Product (GDP). Maait said at a press conference ....
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CBE raises exception limit of documentary credit of imported shipments to 500,000 dollars
Date: 2022-10-27 10:50:46 GMT - Egypt - Economy - SN:23 - ID:9844199
CAIRO, Oct 27 (MENA) - The Central Bank of Egypt (CBE) announced raising the exception limit of documentary credit of imported shipments to 500,000 dollars instead of 5,000 dollars. In a periodic letter sent to the banks on Thursday, the CBE said ....
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Banks allowed to conduct FX forwards: CBE
Date: 2022-10-27 10:37:11 GMT - Egypt - Economy - SN:20 - ID:9844102
CAIRO, Oct 27 (MENA) - Banks are allowed to conduct foreign exchange forwards (FX forward) for companies only to cover their commercial operations through the bank, the Central Bank of Egypt said. In a letter sent to the banks on Thursday, the ....
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Dollar exchange rate surpasses EGP 22 in several Egyptian banks
Date: 2022-10-27 10:16:47 GMT - Egypt - Economy - SN:18 - ID:9844197
CAIRO, Oct 27 (MENA) - The US dollar exchange rate surpassed EGP 22 at the beginning of Thursday's transactions in several Egyptian banks. The US dollar rate increased by 2.60 pounds for buying and selling at Egyptian banks. At the National ....
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Global (4): PEPSI® ANNOUNCES GLOBAL FOOTBALL SENSATION, VINI JR AS ITS LATEST AMBASSADOR, WITH THE LAUNCH OF A NEW FASHION COLLECTION
Date: 2022-10-27 10:01:48 GMT - USA - Economy - SN:17 - ID:9844221
Dear subscribers, following is a global bulletin published for PRNewswire: =============================================================== - THE COLLECTION PAYS HOMAGE TO PEPSI'S EARLY 00'S FOOTBALL ADS, AND CELEBRATES THE BRAND'S NEW SLOGAN, ....
