Sunday 05 Jan

monetary

Madbouly: President directs CBE, Finance Ministry to coordinate on monetary policy
2025/01/01

Madbouly: President directs CBE, Finance Ministry to coordinate on monetary policy

At the first government meeting of the new year on Wednesday, Prime Minister Dr. Moustafa Madbouly emphasized directives from President Abdel Fattah El-Sisi on the...

Sisi: Boosting foreign reserves for industry, production
2024/12/31

Sisi: Boosting foreign reserves for industry, production

President Abdel Fattah El-Sisi met Tuesday, with Prime Minister Dr. Moustafa Madbouly, Governor of the Central Bank Hassan Abdullah, and Minister of Finance Ahmed Kouchouk.

Dollar breaks 50-pound mark
2024/12/05

Dollar breaks 50-pound mark

For the first time since the exchange rate was liberalized, the US dollar surpassed the 50-pound mark in official transactions on Thursday morning. Several public...

Morgan Stanley expects status quo on Egypt rates
2024/11/19

Morgan Stanley expects status quo on Egypt rates

Morgan Stanley expects the Central Bank of Egypt to maintain interest rates unchanged at its Monetary Policy Committee meeting the coming Thursday.

Egypt requests increased IMF loan disbursement
2024/11/12

Egypt requests increased IMF loan disbursement

Informed sources familiar with the ongoing fourth review between Egypt and the International Monetary Fund (IMF) revealed today, Tuesday, that Egypt has requested an increased...

Kouchouk: Egypt looks forward to constructive dialogue with IMF
2024/10/27

Kouchouk: Egypt looks forward to constructive dialogue with IMF

Minister of Finance Ahmed Kouchouk concluded his participation in the annual meetings of the International Monetary Fund (IMF) and the World Bank in Washington. During...

IMF sees Egypt's economy improving in 2025
2024/10/22

IMF sees Egypt's economy improving in 2025

The International Monetary Fund (IMF) has projected an improvement in Egypt's economic indicators. Pierre-Olivier Gourinchas, the IMF's Economic Counsellor and Director of Research, stated that...

El-Mashat meets with IMF to enhance National Accounts System
2024/08/08

El-Mashat meets with IMF to enhance National Accounts System

Dr. Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation, held a virtual meeting with Ms. Elrigita Bibai, Regional Advisor on National Accounts at...