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  • Egypt said late on Tuesday it was seeking $4 billion a year over three years from the International Monetary Fund to help plug a funding gap. Egyptian stocks have surged on hopes a deal would revive confidence and allow Egypt to remove restrictions on access to hard currency that have hit manufacturing and trade and made it hard for foreign firms to repatriate...

  • WASHINGTON, July 28- The International Monetary Fund said on Thursday that the size of Egypt's financing program will be determined by a two-week IMF mission to Cairo starting this weekend. He noted that Egypt's quota, or shares in the Fund, are about 2.08 billion Special Drawing Rights- the IMF's unit of account- or about $2.9 billion at current exchange rates.

  • WASHINGTON, July 28- The International Monetary Fund said on Thursday that the size of Egypt's financing program will be determined by a two-week IMF mission to Cairo starting this weekend.

  • CAIRO, July 28- Egypt expects to receive at least $2 billion within two months of agreeing a three-year $12 billion loan program with the International Monetary Fund, a senior finance ministry official said on Thursday. Egypt announced late on Tuesday it was seeking $4 billion a year over three years from the IMF to help plug a funding gap and restore market...

  • CAIRO, July 28- Egypt expects to receive at least $2 billion within two months of agreeing a three-year $12 billion loan programme with the International Monetary Fund, a senior finance ministry official said on Thursday. Egypt announced late on Tuesday it was seeking $4 billion a year over three years from the International Monetary Fund to help plug a funding...

  • LONDON, July 28- A dollar retreat boosted emerging assets on Thursday, with stocks at new 11- month highs despite fresh wobbles on Chinese equity markets, while the Turkish lira continued its recovery, firming to one-week highs. MSCI's emerging equity index rose 0.25 percent despite pullbacks in Asian markets, where some concern is rising over volatility in...

  • THURSDAY, JULY 28 KIEV- National Bank of Ukraine monetary policy meeting- 0700 GMT. COLOMBO- Central Bank of Srilanka monetary policy committee meeting- 1230 GMT. PRAGUE- Czech Banking Association holds a press conference on the updated macroeconomic forecast- 0800 GMT.

  • CAIRO— Egypt is in the "final stages" of negotiating an agreement with the International Monetary Fund to secure a $12 billion loan over three years, while targeting more loans totaling $7 billion annually, according to a Cabinet statement. Amr el-Garhy, the finance minister, told the CBC TV network on Tuesday that Egypt is discussing a total of $12 billion from the...

  • LONDON, July 27- Emerging stocks touched 11- month highs on Wednesday, boosted by news of additional Japanese stimulus and shrugging off a sharp drop in mainland shares in China, where fears of a fresh regulatory crackdown are weighing. Some nerves were jangled by a 2 percent fall in Shanghai- listed shares, which posted their worst day in six weeks while the...

  • WEDNESDAY, JULY 27 TBILISI- National Bank of Georgia monetary policy committee meeting. POLOKWANE, South Africa- South African central bank deputy governor Daniel Mminele speaks at a business breakfast event in the city of Polokwane- 0700 GMT. THURSDAY, JULY 28 KIEV- National Bank of Ukraine monetary policy meeting- 0700 GMT.

  • CAIRO, July 26- Egypt said on Tuesday it was close to agreeing an International Monetary Fund lending programme to ease its funding gap and restore market stability and was seeking to secure $7 billion annually over three years. Prime Minister Sherif Ismail ordered the central bank governor and minister of finance to complete negotiations for the programme...

  • CAIRO, July 26- Egypt said on Tuesday it was close to agreeing an International Monetary Fund lending program to ease its funding gap and restore market stability and was seeking to secure $7 billion annually over three years. Prime Minister Sherif Ismail ordered the central bank governor and minister of finance to complete negotiations for the program with...

  • ABU DHABI, United Arab Emirates— The world's first round-the-world flight to be powered solely by the sun's energy made history Tuesday as it landed in Abu Dhabi, where it first took off on an epic 25,000- mile journey that began more than a year ago. After landing the plane, pilot Bertrand Piccard was greeted outside the cockpit by his Solar Impulse partner and...

  • CAIRO— A leading Egyptian Sunni Muslim cleric has warned against the dangers of playing too much of the wildly popular mobile phone application "Pokemon Go," adding to Mideast religious voices that have sometimes been sterner in their critique of the game. Abbas Shumman, the deputy sheikh of Egypt's Al-Azhar institute, told The Associated Press that the game "...

  • NAIROBI- Central bank of Kenya monetary policy meeting- 0000 GMT. TUESDAY, JULY 26 JOHANNESBURG- South African Finance Minister Pravin Gordhan speaks at Nedbank group's annual investment summit on "the role of business in securing a more prosperous and inclusive future for all South Africans"- 0700 GMT. ANKARA- Turkey central bank to publish quarterly inflation...

  • FRIDAY, JULY 22 BEIJING- Chinese Premier Li Keqiang will hold a roundtable with World Bank President Jim Yong Kim, International Monetary Fund Managing Director Christine Lagarde, World Trade Organization Director-General Roberto Azevedo, International Labor Organization Director-General Guy Ryde, Organization for Economic Cooperation and...

  • CAIRO— Egypt's currency has fallen to new lows on the black market, with media reports saying it had reached levels of about 12 pounds to the dollar. Thursday's slide comes a day after local newspapers carried comments by Central Bank Governor Tarek Amer that were taken to imply that another devaluation was in the works. Years of unrest since the 2011 overthrow of...

  • THURSDAY, JULY 21 JAKARTA- Indonesia central bank rate decision- 0700 GMT. PRETORIA- South African Reserve Bank rate decision- 1300 GMT. MONDAY, JULY 25 JERUSALEM- Bank of Israel interest rate decision- 1300 GMT.

  • WEDNESDAY, JULY 20 BEIJING- World Bank Group President Jim Yong Kim to visit China. THURSDAY, JULY 21 JAKARTA- Indonesia central bank rate decision- 0700 GMT. PRETORIA- South African Reserve Bank rate decision- 1300 GMT.

  • TUESDAY, JULY 19 LONDON- International Monetary Fund publishes update to World Economic Outlook, including new UK growth forecasts- 1300 GMT. ANKARA- Turkey central bank monetary policy meeting- 1100 GMT. PRETORIA- South African Reserve Bank starts its three-day monetary policy committee meeting.