Several years after putting it on the list of state-owned assets to be sold, the United Bank is finally being privatised as ...

IFC announced a financing package for Egypt's leading private sector bank, CIB, to strengthen the bank's capital position and ...

More recently, however, the need to contend with the spillover effects of the war in Gaza has led U.S. policymakers to leave ...

After coming worryingly close to a full-blown economic crisis, this year saw Egypt turn things around. The authorities are ...

Laila Soueif, the British-born mother of the Egyptian political prisoner Alaa Abd El Fattah, is demanding the U.K. do more to ...

The IMF highlighted signs of economic stabilization in Argentina following a year of contraction. Leaders are exploring new ...

Subsidy cuts to enhance government finances are the goal of an IMF-backed reform package, which includes fuel price hikes.

The EFF is facility through which the IMF provides medium-term assistance to countries in need, aiming to help them with economic issues. In return for the financing, the fund monitors the country’s ...

Stock markets in the Gulf tracked global shares lower on Thursday as tension between Russia and Ukraine kept investors on ...

Egypt’s pound has slipped to its lowest level since a devaluation in March, amid a broad sell-off in emerging markets and ...

Egypt is poised to keep interest rates at a record high as it awaits the full inflationary impact of a fuel-price hike and ...

The International Monetary Fund said it made “substantial progress” in discussions with Egypt on the latest review of the ...