URGENT: IMF reaches staff-level deal with Egypt on fifth, sixth reviews
The International Monetary Fund (IMF) has reached a staff-level agreement with Egypt on the fifth and sixth reviews…
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Balance Of Payments
Egypt’s current account deficit narrows 25.9% in FY 2024/2025 – CBE
Egypt’s current account deficit narrowed by 25.9 per cent in the 2024/2025 fiscal year, supported by a surge in…
Egyptian Remittances abroad Double in a Decade, Surging from $17 bln to $36.5 bln
For many years, remittances from Egyptians working abroad have been the backbone of the Egyptian economy.
Euro area current account surplus up in June – ECB
The euro area recorded a current account surplus of €36 billion in June 2025, up from €32 billion in May, the…
Egypt’s current account deficit hits $11.1b in H1 2024/’25
Egypt’s central bank said on Tuesday that the country’s balance of payments recorded an overall deficit of $502.6…
Egypt’s BoP surplus hit $9.7b in FY23/24
Egypt posted a balance of payments (BoP) surplus of $9.7 billion during the fiscal year 2023/2024, the Central Bank…
IMF approves $7.3m to Guinea-Bissau
The International Monetary Fund (IMF) Executive Board completed the sixth review of Guinea-Bissau’s Extended Credit…
Egypt economy: BoP surplus hits $4.1b in July-March of FY 23/24
Egypt's balance of payments (BoP) surplus surged to $4.1 billion during the July-March period of the 2023/2024…
Egypt’s balance of payments records $4.1b surplus
Transactions of the Egyptian economy with the external world recorded an increase in the overall BoP surplus to…
Egypt posts $281.9 mln balance of payments surplus in 9 months
Egypt’s balance of payments (BoP) achieved an overall surplus of $281.9 million in July-March of the financial year…
Egypt’s balance of payments moves into surplus in H1-FY2022/2023: CBE
Egypt’s balance of payments swung sharply into surplus driven by improvement in current account deficit and surge…
Egypt’s current account deficit narrows by 58.6% in 2017-18: c.bank
Egypt’s current account deficit for the 2017-18 financial year that ended in June narrowed by 58.6 percent to $6…
Egypt’s CBE: Tourism revenues retreat by 12.8% in nine months
Tourism revenues decreased by 12.8 percent in the first nine months of the financial year 2016/2017, according to…
BoP registers surplus of $1.9 billion in Q1 2016/17: CBE
Egypt's overall balance of payments (BoP) registered a surplus of $1.9 billion in the first quarter of the current…
Moody’s: Egypt fiscal position remains unstable
Despite marginal improvements in international reserves and foreign direct investment and the likely improvement in…
Moody’s: Saudi Arabia, China financial support is ‘credit positive’ for…
The recent pledges for financial support by Saudi Arabia and China to Egypt are credit positive for the country as…
Egypt’s Balance Of Payments Sees $2.2 Bln Surplus In July-March 2013/14
Egypt's balance of payments registered a surplus worth some $2.2 billion in the first nine months of the 2013/2014…
CBE to Execute Another Round of Quantitative Easing in FY14 – Pharos
Pharos Research said in a report economic status and recent policy actions show that the Central Bank of Egypt…
IMF Says No Discussions with Egypt’s Interim Government
The International Monetary Fund on Thursday said it was not currently discussing a possible loan with Egypt's…
Egypt: Will the Gulf’s Billions Buy the Economy More Time?
A multibillion-dollar aid package from three of the Gulf’s wealthiest nations to Egypt has raised questions over…
Egypt’s Central Bank Governor Flies to Abu Dhabi
The governor of Egypt's central bank, Hisham Ramez, flew to Abu Dhabi on Sunday, officials at Cairo airport said,…
Egypt Faces External Payments Pressures, Political Weaknesses; Moody’s
The Caa1 ratings and negative outlooks of Egypt and Pakistan are driven by a mix of external payment pressures and…
Egypt’s Balance Of Payments Deficit Narrows In 2012/2013
Egypt's balance of payments deficit dropped to $551.5 million in the second half of 2012 from an $8 billion deficit…
Egypt Balance Of Payments Gap Narrows Sharply In Q2
Egypt's balance of payments deficit narrowed dramatically in the second quarter as foreigners sold Egyptian…