The central bank lowered rates by 100 basis points on May 22 and by 225 basis points on April 17, its first adjustments since ...

Egypt's annual headline inflation rate is forecast to have decelerated slightly in June to 16.2% as some food and beverage ...

BRICS summit officially opened in Rio de Janeiro this week under Brazil’s rotating presidency, bringing together over 4,000 ...

BRICS, the developing world's stand-in to the G-7 grouping. was expanded at the Kazan Summit, last year. Post expansion, ...

The CEO of Egypt's third-largest bank tells Al-Monitor why he is hopeful about the country's economic recovery.

Finance ministers from the BRICS nations have unified their call for comprehensive reform of the International Monetary Fund.

The International Monetary Fund (IMF) on Thursday said it would combine the fifth and sixth reviews of Egypt’s $8 billion support programme this fall to give authorities more time to meet critical ...

The IMF praised Senegal for acting to engage reforms to strengthen its economy, while also working with the IMF to clarify ...

The International Monetary Fund on Thursday said it would combine the fifth and sixth reviews of Egypt's $8 billion support ...

The International Monetary Fund on Thursday said it would combine the fifth and sixth reviews of Egypt's $8 billion support ...

Their classification as partner nations allows them to participate in the 2025 BRICS Summit holding from July 6-7 in Rio de ...

Egypt starts building a solar components plant in Ain Sokhna’s economic zone Chinese group Sunrev is investing $200 million to develop the project in two phases The site will export $300 million worth ...