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Tag: SUEZ CANAL

Companies

Egypt Secures $1.2 Billion IMF Disbursement Amid Economic Reforms

March 12, 2025March 12, 2025 - by Allegra Nguyen - Leave a Comment

Egypt has secured a $1.2 billion disbursement from the IMF following the fourth review of its economic reform program, totaling $3.2 billion. The IMF also approved a $1.3 billion arrangement …

Egypt Secures $1.2 Billion IMF Disbursement Amid Economic Reforms Read More
Business / Companies / economics

IMF Approves $1.2 Billion Disbursement to Egypt Following Economic Review

March 12, 2025March 12, 2025 - by Carmen Mendez - Leave a Comment

The IMF has approved a $1.2 billion disbursement to Egypt after reviewing its $8 billion economic reform programme. This includes an additional $1.3 billion from the Resilience and Sustainability Facility. …

IMF Approves $1.2 Billion Disbursement to Egypt Following Economic Review Read More
Business / Companies / economics

IMF Approves $2.5 Billion for Egypt Amid Economic Challenges

March 12, 2025March 12, 2025 - by Marcus Chen - Leave a Comment

The International Monetary Fund has approved $2.5 billion for Egypt, comprising a $1.2 billion disbursement and $1.3 billion under a resilience arrangement. Key policies have been implemented to maintain macroeconomic …

IMF Approves $2.5 Billion for Egypt Amid Economic Challenges Read More
Business / Companies / economics

Egypt Unlocks $2.5 Billion IMF Loans Amid Economic Reform Progress

March 12, 2025March 12, 2025 - by Allegra Nguyen - Leave a Comment

Egypt has secured an additional $2.5 billion from the IMF following a successful economic reform review. The IMF has acknowledged the progress made while highlighting issues such as declining growth …

Egypt Unlocks $2.5 Billion IMF Loans Amid Economic Reform Progress Read More
Global news

Houthi Rebels Declare Israeli Vessels Targets in Mideast Waters

March 12, 2025March 12, 2025 - by Sofia Nawab - Leave a Comment

Yemen’s Houthi rebels have declared that all Israeli vessels in nearby waters are targets, amid ongoing aid blockades to Gaza by Israel. This warning endangers a key shipping route, threatens …

Houthi Rebels Declare Israeli Vessels Targets in Mideast Waters Read More
Business / Companies / economics

IMF Approves $1.2 Billion for Egypt Following Economic Reform Review

March 11, 2025March 11, 2025 - by Sofia Nawab - Leave a Comment

The IMF has approved a $1.2 billion disbursement to Egypt, following its fourth review of an $8 billion economic reform program. In addition, Egypt requested access to approximately $1.3 billion …

IMF Approves $1.2 Billion for Egypt Following Economic Reform Review Read More
economics

Brazil’s Economy Grows 3.4% in 2024, Marking Significant Recovery

March 7, 2025March 7, 2025 - by Liam Nguyen - Leave a Comment

In 2024, Brazil’s economy grew by 3.4%, the largest since 2021, driven by services and industry. Household spending increased significantly, contributing to low unemployment at 6.6%. GDP reached BRL 11.7 …

Brazil’s Economy Grows 3.4% in 2024, Marking Significant Recovery Read More
Business / economics

Positive Economic Developments in Egypt: PMI and Foreign Assets Growth

March 6, 2025March 6, 2025 - by Sofia Nawab - Leave a Comment

Egypt’s PMI exceeds 50 for the second month, indicating economic growth, said Prime Minister Mostafa Medbouly. Key indicators show an $8.7 billion increase in net foreign assets and rising foreign …

Positive Economic Developments in Egypt: PMI and Foreign Assets Growth Read More
Business / economics

Positive Economic Indicators in Egypt: PMI Exceeds 50 as Reforms take Effect

March 5, 2025March 5, 2025 - by Allegra Nguyen - Leave a Comment

Egypt’s Prime Minister Mostafa Medbouly announced positive economic signals as the Purchasing Managers’ Index (PMI) exceeds 50 for two months. Net foreign assets have increased by $8.7 billion in January …

Positive Economic Indicators in Egypt: PMI Exceeds 50 as Reforms take Effect Read More
Business

Egypt Strengthens Measures Against Smuggling to Protect Local Manufacturers

March 3, 2025March 3, 2025 - by Liam Nguyen - Leave a Comment

Egyptian Prime Minister Mostafa Madbouly convened a meeting to address the challenges of smuggling and its impact on local manufacturers. Key ministers discussed regulatory measures to enhance control at ports …

Egypt Strengthens Measures Against Smuggling to Protect Local Manufacturers Read More

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