The market is paying attention to the movement of nearly $6 trillion in cash parked in money funds. Once these silver bullets flow into the stock market, it is bound to trigger a new wave of bullish gains in U.S. stocks. (Schematic diagram/Dazhi Image) [周刊王CTWANT] The bullish sentiment from Federal Reserve Chairman Jerome Powell’s unexpected … Read more
“The UAE authorities have confirmed to the International Monetary Fund their support of one billion US dollars for Pakistan,” Dar wrote in a tweet on the social networking site Twitter, according to what was reported by the Pakistani newspaper Dawn, today, Friday. He added that the State Bank of Pakistan “is now working to obtain … Read more
During the past hours, Al-Youm Al-Sabaa published a number of important news and reports, the most prominent of which was the announcement by the Wintershall Dea company that it had discovered a gas well in the exploration area east of Damanhour. The following is a summary of Egypt’s news at one o’clock in the afternoon. … Read more
1:52 PM Sunday 18 December 2022 I wrote – Manal Al-Masry: The bankers, with whom Masrawy spoke, linked Egypt’s ability, represented by the Central Bank of Egypt, to follow a flexible exchange rate system for the pound against foreign currencies, with the presence of strong flows of dollars to control the market, and adjusting the … Read more
Cairo – Masrawy: Egypt secured a $3 billion loan on Friday, following approval by the Executive Board of the International Monetary Fund. About six years ago, Egypt began cooperating with the International Monetary Fund, and these are the funds it has obtained since then: Egypt took out a loan of around $12 billion in 2016 … Read more
The International Monetary Fund announced at an Executive Board meeting its approval to grant Egypt a $3 billion loan over a 46-month period. It is worth noting that, on October 27, it was announced that Egypt had reached an expert-level agreement with the International Monetary Fund on Egypt’s comprehensive 4-year national economic reform programme. The … Read more
1:18 pm Thursday 15 December 2022 I wrote – Manal Al-Masry: Jihad Azour, director of the Middle East and Central Asia Department at the International Monetary Fund, expected in an interview with CNBC Arabia that the fund’s board would approve a loan to Egypt at its meeting tomorrow , Friday. Azour explained that external shocks … Read more
23:21 Wednesday 12 October 2022 Cairo – Masrawy: Finance Minister Dr Mohamed Maait said that all files relating to the International Monetary Fund loan have been agreed and that we are working on the final completion stage of the loan program. The minister added, during an interview with CNBC Arabic on the sidelines of the … Read more
Dr Mostafa Madbouly, Key Minister, required to dialogue with the young members in the 3rd Logos Youth Discussion board 2022, who fulfilled them these days at the seat of federal government in the new metropolis of El Alamein, with the honor of His Holiness Pope Tawadros II , Pope of Alexandria and Patriarch of the … Read more
