The success of the BRICS project does not signal an overthrow of capitalism as a global system, but it does mark a shift away ...

Egypt's central bank kept key interest rates unchanged on Thursday, pausing a trend of rate reductions despite inflation rates easing. The bank’s monetary policy committee held the overnight deposit ...

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

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, Indonesia, Iran, Egypt, Ethiopia, Saudi Arabia and the UAE have joined the ...

Ministers of finance from the BRICS group of developing nations called for an IMF overhaul that will redistribute voting ...

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

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 ...