Egypt is on the verge of securing approximately $2.3 billion in new financing following successful progress on multiple reviews of its International Monetary Fund (IMF) programs.

Inflation is expected to continue easing in the short term, supported by tight monetary policy, the Central Bank of Egypt ...

Egypt’s policy and institutional reforms have advanced discussions on the combined fifth and sixth reviews of the $8 billion ...

During this phase, a national narrative for comprehensive development was prepared with the participation of a group of experts and specialists ...

The official agenda showed that the meeting will also cover the first review of the Resilience and Sustainability Facility (RDF), alongside the EFF reviews ...

Egypt's parliament has approved a Cabinet reshuffle as the North African country grapples with economic challenges and regional conflicts. The shake-up affects 13 portfolios, including housing, ...

Egypt restructures 13 ministries, prioritizing economic recovery as IMF reforms, inflation, and regional conflicts intensify ...

Egypt has appointed a new defense minister as part of a Cabinet reshuffle. President Abdel-Fattah el-Sissi oversaw the ...

Egypt has refreshed its Cabinet, installing a new defense minister and 13 other officials as authorities attempt to steady the country amid economic strain and intensifying regional tensions. The ...

Shake-up brings in 13 new ministers including those overseeing planning, investment, and foreign trade.

Annual inflation has fallen from from a record high of 38% in September 2023, thanks in part to an $8 billion financial ...

The Monetary Policy Committee of the Central Bank of Egypt cut key interest rates by 100 basis points on February 12, citing easing inflation pressures.The overnight deposit rate was lowered to 19.0% ...