Chris Jarvis | Al Bawaba

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Egypt has been struggling to boost its foreign currency reserves in the political and economic turmoil following the January 2011 uprising that toppled former president Hosni Mubarak. (AFP/ Khaled Desouki)

May 1st, 2017 - 01:27 GMT

IMF, Egypt review conditions for second installment of $12B loan

An IMF delegation is in Cairo to review Egypt's economic reforms before it delivers the second tranche of a $12-billion loan.

Egypt's President Sisi and the UAE's Mohammed bin Zayed Al Nahyan during the latter's visit to Cairo in April 2016. (File photo)

August 23rd, 2016 - 12:30 GMT

UAE offers $1B to Egypt's Central Bank

A woman stands in line for subsidised bread. (AFP/File)

August 21st, 2016 - 10:00 GMT

Egypt-IMF deal brings in tough austerity measures

Al Bawaba

May 25th, 2015 - 08:26 GMT

IMF criticizes Egypt’s decision to delay capital gains tax

In 2013, the IMF’s projections for real GDP growth was 2.2% (image: on file).

April 16th, 2015 - 07:45 GMT

Some optimism: IMF raises Egypt's growth forecast for 2015, 2016