IMF provides Egypt with additional $820M as part of 3rd tranche

Tue, 30 Jul 2024 - 09:39 GMT

This approval signals the imminent disbursement of the third tranche, part of an $8 billion agreement sanctioned in March.

Suez Canal’s shipping volume decline by 55%: IMF

Sun, 25 Feb 2024 - 02:30 GMT

In contrast, the Cape of Good Hope witnessed a surge of nearly 75 percent in shipping volume, as stated by Kozack

IMF reaches staff-level agreement with Egypt on $5.2 B loan

Fri, 05 Jun 2020 - 08:23 GMT

The International Monetary Fund announced, Friday reaching a Staff-Level agreement on a 12-Month $5.2 Billion Stand-By loan arrangement.

CBE: Egypt repaid dlrs 25bln in debts in two years

Wed, 28 Aug 2019 - 01:26 GMT

The Central Bank of Egypt (CBE) has said that Egypt managed to pay off 25 billion dollars in debts and loan interests from March 2017 till March 2019.