Browsing: Egypt

WASHINGTON: Talks with Egypt to boost its International Monetary Fund loan program are making excellent progress, the IMF said on Thursday, saying that Egypt needs a “very comprehensive support package” to deal with economic challenges, including pressures from the war in Gaza.

Egypt is set to see GDP growth slow to 3.2% in fiscal year 2023/24, before increasing gradually to 5.1% by fiscal year 2025/26, according to the Organisation for Economic Co-operation and Development (OECD).

Egypt’s leaders have warned that the UN Security Council’s repeated failure to adopt a peace resolution and ceasefire in the…

The International Court of Justice (ICJ) in The Hague continued its public hearings on the legal consequences arising from Israel’s…

The canal is one of the main sources of foreign currency for Egypt which is gripped by a severe financial crisis

Citing IFC’s Regional Director for North Africa Cheick-Oumar Sylla

This came during a meeting between the Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla and Iraq’s Deputy Prime Minister for Energy and Minister for Energy Affairs and Oil Hayan Abdul-Ghani

The United States on Tuesday again vetoed a draft United Nations Security Council resolution on the Israel-Hamas war, blocking a…

Egypt’s President Abdel Fattah El-Sisi and Belgian Prime Minister Alexander De Croo have discussed the situation in the Gaza Strip…

Hamas chief Ismail Haniyeh arrived in Cairo Tuesday for talks with Egyptian officials, the militant group said, days after mediators…