IMF grants Egypt initial approval of $1.2 billion 4th review

Egypt, IMF Reach Initial Deal for $1.2 Billion Loan Tranche
Egypt and the International Monetary Fund reached a preliminary deal that would likely unlock a further tranche of the North African nation’s $8 billion loan.
IMF grants Egypt initial approval of $1.2bln fourth review
The IMF said Egypt's government had agreed to increase its tax-to-revenue ratio by 2% of gross domestic product over the next two years, with a focus on eliminating exemptions rather than increasing t
IMF grants Egypt initial approval of $1.2 billion fourth review
The International Monetary Fund said on Wednesday it reached a staff-level agreement with Egypt on the fourth review under its Extended Fund Facility arrangement, potentially unlocking a $1.2 billion disbursement under the programme.
IMF, Egypt Reach Deal Unlocking $1.2 Bn
The International Monetary Fund said Tuesday that it has reached a deal with Egyptian authorities allowing the country access to about $1.2 billion.
Egypt reaches staff level agreement with IMF for $1.2bn funding
The International Monetary Fund on Tuesday reached an agreement with Egypt, allowing the country to access about $1.2 billion, subject to approval by the executive board. This follows the IMF staff-level agreement on the fourth review under the Extended Fund Facility (EFF) arrangement.
Egypt will have access to $1.2 billion subject to IMF board approval, fund says
The International Monetary Fund said on Wednesday it reached a staff-level agreement on the fourth review under the Extended Fund Facility arrangement with Egypt. Subject to approval by the executive board,
Two arrested in Egypt after attempting to steal hundreds of ancient artifacts from the bottom of the sea
Egyptian authorities have arrested two men for attempting to steal hundreds of ancient artifacts from the bottom of the sea, ...
Uncertainty clouds fate of Syrians in Egypt after Assad ouster
Syrian refugees and residents in Egypt face an uncertain future as new regulations may jeopardise their right to remain in ...
Zawya7m
Egypt's EGX closes Wednesday with mixed note
Both the small- and mid-cap EGX70 equal-weight index and EGX100 index closed the session higher by 0.24% at 8,210.21 points and by 0.21% at 11,275.97 points, respectively ...
Azer News2h
Next year, more than 1 million cars in Egypt will be powered by CNG
A new initiative to convert cars from gasoline to compressed natural gas (CNG) will be implemented in Egypt, as reported by ...
Egypt troops to join African Union Somalia mission - foreign minister says
Egypt will contribute troops to an African Union Somalia peacekeeping mission, its foreign minister said on Monday, as ties ...
Egypt's First-ever Asylum Law Fuels Concerns Over Refugee Rights
Egypt adopted its first-ever asylum law this week, but it has sparked concerns among human rights groups who warn it takes a ...
Energy Central7h
SCZone signs 30 MoU to boost hydrogen sector in Egypt
Walid Gamal El-Din, announced that the authority has signed 30 memoranda of understanding (MoUs), 14 of which are active, ...
The Africa Report1d
In post‑revolution Egypt, ‘journalism is demonised’
During the Egyptian revolution, known as the Arab Spring, journalists were poised to finally have the freedom to tell the ...
Middle East Eye13h
Egypt: Sisi fears a popular uprising after the fall of Assad in Syria
Amid an economic downturn and growing hardships for many Egyptians, Sisi has opted for a strategy reliant on fear - ...