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The IMF approved $2.5 billion for Egypt, consisting of a $1.2 billion disbursement and $1.3 billion under the Resilience and Sustainability Facility. Despite regional challenges and a slowdown in growth, …
IMF Approves $2.5 Billion Support for Egypt Following Economic Review Read More
Egypt has unlocked an additional $2.5 billion loan from the IMF after completing the fourth review of its economic reform program, aiming to stabilize its economy amidst external challenges. The …
Egypt Secures $2.5 Billion IMF Loan Amid Economic Reforms Read More
Yemen’s Houthi rebels declared all “any Israeli vessel” as a target in Middle Eastern waters in response to Israel’s blockade of Gaza, raising maritime security concerns and risking humanitarian aid …
Yemen’s Houthi Rebels Target All Israeli Vessels in Mideast Waters Read More
The IMF has approved a $1.2 billion disbursement to Egypt and an additional $1.3 billion request under the RSF after the fourth review of Egypt’s economic reform program. Egypt reported …
IMF Approves $1.2 Billion for Egypt After Fourth Review of Reform Program Read More
Brazil’s economy grew by 3.4% in 2024, achieving the largest expansion since 2021. The GDP reached BRL 11.7 trillion (USD 2 trillion), with notable growth in the services and industrial …
Brazil’s Economy Grows 3.4% in 2024, Marking a Historic Recovery Read More
Egypt’s PMI has surpassed 50 for the second consecutive month, indicating economic growth. Prime Minister Mostafa Medbouly reported significant increases in net foreign assets and foreign exchange reserves. The government …
Egypt’s Economic Growth Signalled by Rising PMI and Foreign Assets Read More
Egypt’s Prime Minister Mostafa Medbouly reported that the Purchasing Managers’ Index has exceeded 50 for two months, indicating economic growth. He cited an $8.7 billion increase in net foreign assets …
PMI Exceeds 50, Indicating Economic Growth in Egypt Read More
Egypt’s Prime Minister Mostafa Madbouly led a meeting focused on strategies to combat smuggling and protect local producers. Key ministers discussed the impact of smuggled goods on domestic manufacturing and …
Egypt Takes Action to Combat Smuggling and Support Local Manufacturers Read More
Egypt’s Foreign Minister Badr Abdelatty stated Yemen’s stability is crucial for Red Sea security during a meeting with Yemeni Foreign Minister Shaya Zindani. The ongoing conflict in Yemen, driven by …
Yemen’s Stability Vital for Security in the Red Sea, Asserts Egypt Read More
Egypt’s Foreign Minister reiterated the importance of Yemen’s stability for the security of the Red Sea during discussions with Yemeni officials. The ongoing conflict initiated by the Houthi group’s actions …
Egypt Highlights Importance of Yemen Stability for Red Sea Security Read More