The IMF has yet to publish a staff report from the fourth review. Egypt asked for a delay to give it time to release details of measures to widen the tax base, the first source said. On Sunday, ...

The IMF may merge its fifth and sixth reviews of Egypt's $8 billion support programme because of slow progress on structural reforms, possibly delaying a new disbursement by half a year, three ...

The bank’s approved project portfolio has now reached $40bln across 122 initiatives, with $22.4bln already disbursed ...

More than 4,000 years after the pyramids, Egypt’s leaders are pinning hopes on the Grand Egyptian Museum to revive national ...

Egypt is likely to face a squeeze in its sources of external funding if it struggles to meet IMF conditions – which include a USD 4.6bn privatisation target in FY 2023/2024 – in the face of ...

Egypt is approaching the final stages of talks with the International Monetary Fund (IMF) to complete the fifth review under its $8 billion Extended Fund Facility (EFF) agreement, according to sources ...

While its membership bid is seemingly suspended, Ankara signals deeper engagement with BRICS, stressing international reform ...

The Egyptian economy faces significant macroeconomic challenges that have become more complex to manage with the recent conflict in Gaza and Israel. At the same time, the UAE’s recent investment deal ...

The 17th BRICS Summit concluded yesterday in Rio de Janeiro, marking a pivotal moment in the bloc's history. The summit was attended by ten partner countries, significantly expanding BRICS's global ...

Summit positions BRICS Plus as a transformative force, with the Rio Declaration and expanded membership signaling multipolar ambitions. Yet, leadership absences, U.S. tariffs, and institutional ...