The IMF lends Egypt $3 billion and announces its welcome to the Central Bank’s decisions

Washington- Eco - Fady Labib :  International Monetary Fund (IMF) staff and the Egyptian authorities have reached a staff-level agreement on comprehensive economic policies and reforms to be supported by a 46-month Extended Fund Facility (EFF) Arrangement of US$3 billion ...

The Central Bank of Egypt adopts a flexible exchange rate system and raises interest

 

Cairo - Eco - Fady Labib :  The global economy faced multiple shocks and challenges, the likes of which have not been seen in years. Recently, global markets have been subject to the COVID19 pandemic that put the world on lockdown, followed by the Russo-Ukraine conflict, which had dire economic ramifications. Consequently, Egypt weathered large capital outflows and rising commodity prices ...

After the local and international success .. "Forever is Now" with "The Pyramids" for the second year

 Running from 27 October to 30 November 2022, Forever Is Now II showcases the contemporary art of this cultural moment and pays homage to the environment, the public and the future.

Giza - Eco - Nariman Yanny : Following on the success of Forever Is Now, last year’s first international showcase at the Pyramids of Giza ..

Launching the joint country strategy between Egypt and the French Development Agency

 

Cairo - Eco - Fady Labib : Embodying the ethos of the multi-actor and multi-sector approach to accelerate the implementation of the 2030 Agenda, the Ministry of International Cooperation and the French Development Agency (AFD) launch the new country strategy until 2025, which falls under the theme "Towards Shared Prosperity " ...