Local soap manufacturers have seen their margins shrink by a quarter over the last three years, on heightened market ...

Everyone is aware that BRICS is a balancing act against the West, which has been pulling the strings in the post-World War II ...

The $7bn loan is a lifeline for Pakistan’s struggling economy, but experts say the country needs fundamental changes.

Deal would see Intesa Sanpaolo, which currently holds an 80% share in ALEXBANK, acquire the government’s remaining 20% stake ...

For the U.S. and its allies, developing additional long-term LNG supply relationships has been difficult, but Egypt remains a ...

Egypt's minister emphasised the need for greater representation of developing and least developed countries in international ...

The IMF has delayed funding that was expected to be disbursed this ... through a series of bailouts extended to African ...

The Central Bank of Egypt is currently pursuing approval for United Bank IPO from the Financial Regulatory Authority and the ...

The mechanism created in 1997 increases the debt payment burden. It is heavily criticized by economists and developing countries. The International Monetary Fund (IMF) is preparing to ease the ...

In its staff report for the third review under Egypt's $8 billion loan programme, the IMF forecast a rise of 40.889 percent from $47.2 billion in FY2024/25 to $66.5 billion in FY2028/29.

Egypt is reportedly in advanced negotiations to sell its remaining stake in Alex Bank to the Italian private banking firm Intesa Sanpaolo, as stated ...

Egypt launched the national comprehensive strategy for financing during the Summit of the Future, held by the United Nations ...