ABU DHABI/WAM The 18th World Future Energy Summit opens tomorrow at the ADNEC Centre Abu …
Read More »Egypt, IMF reach deal on $2bn loan disbursement
CAIRO / Reuters Egypt has reached a staff-level agreement with the International Monetary Fund for an instalment of about $2 billion more from a three-year, $12 billion loan programme, the IMF said. The payment, still subject to IMF executive board approval, will bring total disbursements under the program to about $6 billion. Egypt is pushing through ambitious economic reforms under …
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