Egypt's economy shows signs of growth as IMF prepares to release more funds

Egypt's non-oil private sector grew for the third month in a row, according to a report from S&P Global. This is a key indicator of economic health.

At the same time, the head of the International Monetary Fund (IMF) said she is confident in Egypt's economic resilience. This comes as the IMF prepares to release another portion of a loan to Egypt. The IMF chief also praised Egypt's efforts to digitize its tax system at a regional forum.