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According to IMF Managing Director Kristalina Georgieva, Egypt is anticipated to get a loan from the IMF with an impending agreement. The final details of the loan arrangement will be discussed by the Egyptian team attending the IMF and World Bank Annual Meetings in Washington. The consensus among experts was that achieving a deal on the IMF loan would have favourable effects, particularly in light of the ongoing recession brought on by the exodus of foreign investors and exchange rate volatility. The benchmark EGX30 closed Wednesday’s trading session at 9,800 points, down 0.7%, and EGX50 EWI also decreased by 1.1% to 1,867 points. EGX70 EWI also recorded a decline of 1.5% to 2,121 points, and EGX30 capped decreased 0.8% to 12,054 points, and the broader EGX100 fell by 1.4% to 3,041 points. Interview with Mr. Mostafa Al Kurdi "Group head - Senior Equity Trader" at Arab African International Securities in (Daily News Egypt newspaper) to talk about the Egyptian stock market Contact us now for details 📞|| 15267 🌐|| 02-27929050 🌐|| https://aaisecurities.com #EGX30 #aais #Egypt_Economy #investment_in_Egypt #Arab_African_International_Securities