Egypt’s Foreign Reserves Likely to Hike to $20 bln in September – PM
Egypt’s foreign cash reserves are likely to rise within this month to around US$20 billion despite the ongoing…
Browsing Tag
budget deficit
Egypt Pound Strengthens at Bumper $1.3 bln Currency Sale
The Egyptian pound jumped 1.2 percent on Wednesday at a $1.3-billion foreign currency sale - its biggest ever - as…
Egypt M2 Money Supply Rises to Five-Year High in July
Egypt's M2 money supply growth accelerated to 19.4 percent in the year to the end of July, the central bank said on…
Analysis: With Gulf Aid, Egypt Economy Can Limp Through Crisis
Egypt's political crisis has dealt a blow to any hopes for a quick economic recovery, but aid from its Gulf allies…
Egypt Sees IMF Accord Crucial To Economic Rebound, Minister Says
Egypt’s interim government considers a loan agreement with the International Monetary Fund an “essential” part of…
Egypt’s T-Bill Yields Dip for 4th Week, Trend Not Seen Sustainable
Egyptian treasury bill yields fell at auction on Sunday for the fourth week running since the army ousted Islamist…
Egypt’s New FinMin Plans Stimulus, Not Austerity
Egypt interim government will seek to avoid major austerity measures and instead work to stimulate the economy by…
Egypt Faces Moment of Reckoning on its Economy as Protests Wane
The initial euphoria of those who backed the military overthrow of Egypt’s elected Islamist government is fading…
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 C.Bank to Raise T-bills Worth EGP13 Bln T.bills Next Tuesday
On behalf of Ministry of Finance, Egypt Central Bank (CBE) will be offering treasury bills worth EGP 13…
