The nation's current account deficit reached 5.4% of GDP in the 2023/24 fiscal year.​ ...

Most stock markets in the Gulf ended higher on Thursday, helped by a cooler-than-expected U.S. inflation print, although ...

Although the significant drop in inflation rates in February is a positive sign, it raises questions about its fundamental ...

Fund releases $1.2bn planned financing tranche alongside $1.3bn in economic resilience funding ...

The board also approved Egypt’s request for an arrangement under the Resilience and Sustainability Facility (RSF) with access ...

The International Monetary Fund (IMF) recently commended Egypt's efforts to rebuild market confidence and stabilize the economy, citing a recovery in economic activity and progress in restoring ...

The International Monetary Fund (IMF) has approved a $1.2 billion disbursement to Egypt, part of an $8 billion bailout aimed ...

CAIRO - Egypt remains committed to lowering its energy subsidies to reach cost recovery by December as it works to reduce a wide current account deficit, the International Monetary Fund said on ...

Egypt’s inflation rate is projected to stabilize at approximately 16.6 percent by the end of June 2025, International ...

Egypt aims to eliminate energy subsidies and achieve cost recovery by December 2025, according to the IMF. This unwavering ...

(Reuters) - Stock markets in the Gulf ended mixed on Wednesday, buoyed by Ukraine's readiness to support a proposal for a ...