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FINANCIAL NEWS
IMF director to resume USD4.8b loan talks with Egypt officials
06 Jan 2013
(MENAFN) International Monetary Fund director for the Middle East and Central Asia Massod Ahmed is set to bound for Egypt to discuss the USD4.8 billion loan agreement that was postponed last month, Reuters reported.
The IMF official will meet Egyptian leaders to discuss recent economic developments and “possible IMF support for Egypt in facing these challenges”, the IMF said in a statement.
State-run Egyptian newspaper Akhbar Al-Youm reported that Ahmed would meet with Egyptian President Mohamed Mursi, Prime Minister Hisham Kandil, some ministers and the central bank governor.
Last month, Cairo asked the IMF to delay the loan agreement because of political turmoil in the country.
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BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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