ALBAWABA - As part of a $8 billion loan deal, Egypt and the International Monetary Fund (IMF) have agreed a staff-level agreement to release $1.2 billion under the Extended Fund Facility. The IMF's Executive Board still has to authorize the arrangement, which was unveiled on Tuesday. This agreement comes after talks to evaluate Egypt's economic stabilization reform implementation progress. Increasing domestic income, strengthening the business environment, speeding up privatization, and ...