Will Egypt succeed in upping its multimillion-dollar IMF bailout? - Al-Monitor: The Middle Eastʼs leading independent news source since 2012

Jack Dutton

Feb 2, 2024

KHALED DESOUKI/AFP via Getty Images — This picture taken on Aug. 24, 2022, from the landmark Cairo Tower shows a nighttime view of the Kasr al-Nile bridge connecting Tahrir Square (L) in the center of Egypt's capital Cairo to the island of Zamalek (R). — KHALED DESOUKI/AFP via Getty Images

Egyptian pound plunged to a record low of around 50 to the US dollar

Egypt secures extra $5 bn in IMF loans as pound plunges

Agence France-Presse

MBZ Sisi

Will UAE's $35B investment help Egypt recover from financial crisis?

Mohammed Magdy

In Berlin, reporting on Egyptian politics

Tourists walk past the pyramids of Khufu, Khafre, and Menkaure on July 21, 2024 in Giza, Egypt. The colossal tombs near Cairo, built around 4,500 years ago for Pharaoh Khufu and completed circa 2560 BCE, are the only surviving wonders of the original Seven Wonders of the Ancient World. (Photo by Ahmad Hasaballah/Getty Images)

IMF greenlights release of $820M to Egypt, cites economic improvement

In Bristol, reporting on regional business, climate change, AI, tech

Is Turkey headed for IMF bailout?

Mustafa Sonmez

In Istanbul, reporting on economics