IMF | Egypt Oil & Gas - Part 6
Egypt Mulls $3b-$5b Eurobonds in 2016
Egypt requested proposals to issue $3b to $5b bonds in the current fiscal year as part of the government's efforts to shore up reserves and end a foreign-currency shortage that is hampering economic growth. Egypt Evaluates Gas Prices in Market Liberalization Efforts
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that the Egyptian General Petroleum Corporation (EGPC) gives priority to reforms within the gas market in order to guarantee that energ ...
Oil Expert: IMF Loan is a Trap
'The International Monetary Fund (IMF) is a trap meant to drown Egypt in foreign loans and if Egypt accepts it, the country may soon declare bankruptcy,' said Ibrahim Zahran, a petroleum expert, in an exclusive inter ...
Egypt: Fuel Prices Will Not Rise over IMF Loan
During negotiations with the IMF, the Egyptian government confirms that no changes will occur to current fuel prices and other reform efforts.
President Al Sisi Discussed Economic Reforms ahead of IMF Visit
Egypt's President Abdel Fattah Al Sisi held a meeting with Prime Minister, Sherif Ismail, and members of the Economic Ministerial Committee to discuss economic developments, including the pending loan from the Intern ...
Egypt’s United Bank Considers Renewables Investments
Egypt’s state-run United Bank is studying plans to contribute with $112.6m to upcoming syndicated loans, announced the bank’s Chairman, Ashraf El Kady. IMF Forecast Cites MENA Growth after Oil Price Recovery
The International Monetary Fund (IMF) raised its 2016 growth forecast for the Middle East and North Africa after a rebound in oil prices.
Angola Projects Economic Decline Due to Low Oil Prices
Angola's Finance Ministry has halved its economic growth forecast for this year and decreased government's expenditure amid the fall of oil prices which affected the state revenues. 
