Egypt increases domestic fuel prices
Egypt increased prices on various fuel products, the second increase this year, Reuters reported on October 17th citing Egypt's official...
IMF
Tunisia highlighted by IMF for consultation delays
Tunisia, along with four other African countries, have been highlighted by the International Monetary Fund for continuous delays in completing...
Egypt pressured by US to join “Abrahamic” economic pact
Egypt is being pressured by the United States to be a more active player in the “Abrahamic Regional Alliance” –...
Economic crisis to deepen in Algeria, warns IMF
The International Monetary Fund (IMF) has said that Algeria’s economy remains severely threatened, as it faces a dependency on oil...
World leaders assemble for a BRICS summit in Rio de Janeiro
Leaders of the growing BRICS group are meeting in Rio de Janeiro on July 7th, and are set to discuss...
Public spending cuts in Africa ensure wages fall dramatically
Public spending cuts across six countries in Africa –Ethiopia, Ghana, Kenya, Liberia, Malawi and Nigeria – have witnessed significant drops...
EU to offer €4 billion in aid to Egypt
The EU has offered to provide another €4 billion in aid to Egypt in order for the country to meet...
MENA growth forecast up, but global risks loom
Economic growth in the Middle East and North Africa (MENA) region is forecast to accelerate this year, with the aggregate...
HTS-appointed Syrian officials to attend key World Bank talks
Syrian officials appointed by Hayat Tahrir Al Sham (HTS) will attend World Bank and IMF talks in Washington next week...
IMF’s bank coalition aims to aid war hit countries
A new coordination group focusing on Palestine, Syria, and Lebanon was established by the International Monetary Fund (IMF), World Bank,...
IMF reveals how its new bank coalition will operate
The focus of a new co-ordination group formed on February 16th by the International Monetary Fund, World Bank, Arab Co-ordination...
Tunisia repays $1bn in foreign loans as debt struggle continues
The Tunisian government has successfully paid back $1.18 of foreign loans this month as the country continues to struggle with...
Reduced inflation in Egypt from December
Rates of inflation in Egypt eased to 24.2% by December 2024 as high food prices continue to decrease, according to...
IMF grants initial approval of $1.2bn fourth review to Egypt
The International Monetary Fund said on December 25th that it reached an agreement at staff-level with Egypt on the fourth...
Egypt to float four military-owned companies on the stock market
Egypt intends to float up to four military-owned companies on the stock market as part of a broader privatisation plan...
