}

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El-Sisi ratifies Arab Monetary Fund’s capital raise

President Abdel Fattah El Sisi approved Resolution No. 9 of 2024 issued by the Board of the Arab Monetary Fund regarding raising the fund’s capital

Updated 7/26/2026 2:20:00 PM
Cabinet nods to IFC’s issuance of EGP-denominated bonds

The Egyptian cabinet has ratified the Ministry of Finance’s proposed letter to the International Finance Corporation (IFC) to issue bonds in Egyptian pound in foreign markets.

Updated 8/20/2023 7:47:00 AM
Egypt borrows $616M from Arab Monetary Fund for financial reforms

The Arab Monetary Fund (AMF) has extended a $615.8 million loan to Egypt under the country’s Structural Adjustment Facility to support its financial and banking sectors’ reforms.

Updated 7/30/2023 3:47:00 AM