CBE Offers Its Last FX Auction Worth $40 mln for This Week
The Central Bank of Egypt (CBE) has offered today its final foreign exchange auction for this week totaled US$ 40…
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Egypt’s foreign cash reserves
Egypt Braces for $9.1 Billion in Aid from Gulf – Government Source
Egypt is set to receive over the coming weeks a new financial package worth US$ 9.1 billion from the GCC states, a…
C.Bank Raises its Second FX Auction for this Week at US$40mn
The Central Bank of Egypt (CBE) has offered today its second foreign exchange auction for this week totaled US$ 40…
Turkey’s US$1 bln Deposit to Stay for 4 Years in Egypt’s Central Bank
Turkey would not be able to redeem its US$ 1 billion worth of deposit, which had been sent to Egypt during Mohamed…
CBE: Egypt Foreign Reserves Fall by $206m in September
Egypt's foreign cash reserves fell by US$ 207 million by the end of last September to US$ 18.709 billion, against…
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…
Egypt’s Foreign Reserves Slightly Rise to US$18.91 Mln in August
Egypt’s foreign cash reserves have reported a slight rise of US$ 34 million to reach US$ 18.916 billion by the end…
Egypt’s Foreign Reserves Fell US$ 21 Mln In December 2012
Egypt’s foreign cash reserves dropped US$ 21 million to reach US$ 15.014 billion at the end of last December,…
CBE Financed Egypt’s Main Needs With US$ 35 Bln In Two Years
The Central Bank of Egypt (CBE) revealed that it financed the country’s main needs during the period from January…
EGX 30 Falls 0.34%, Ends At 5300 Pts As Economic Crisis Looms
The Egyptian Exchange (EGX) has extended its opening losses to eventually reach EGP 747 million during Wednesday’s…
Worried Egypt Slaps New Controls On travelling With Cash
Egypt has banned travellers from carrying more than $10,000 in foreign currency in or out of the country, as…
Hunger Revolution Looms As Foreign Reserves Drop Sharply: Experts
Egypt’s foreign cash reserves dropped US$ 448 million to reach US$ 15.035 billion at the end of last November. A…
Egypt’s Foreign Cash Reserves Drop US$448 Mln At End Of November
Egypt’s foreign cash reserves dropped US$ 448 million to reach US$ 15.035billion at the end of last November,…
Egypt’s Foreign Cash Reserves Up To US$ 15.4 Bln
Egypt’s foreign cash reserves rose by US$ 441 million, registering US$ 15.483 billion at the end of last October,…
Foreign Investments In Govt. Debt Instruments Returned 2 Months Ago
Egypt’s foreign cash reserves lost about US$ 21 billion in the last year and nine months; of which US$ 10 billion…
CBE Allocates US$ 800 Mln Monthly For Petroleum Ministry, Supply Authority
Nidal Assar, deputy governor of the Central Bank of Egypt (CBE), denied what was said about allocating a large…
Foreign Reserves Expected To Rise On Morsi’s Foreign Visits
Rania Al-Mashat, deputy governor of Central Bank of Egypt (CBE), expected Egypt’s foreign cash reserves to soar in…
Egypt Won’t Devalue Egyptian Pound Against US Dollar: El-Okdah
The Governor of the Central Bank of Egypt Farouk El-Okdah insisted that there is no plans to devalue gradually the…
Egypt’s Foreign Reserves Rose US$ 700 Mln On Qatari Deposit
Egypt’s foreign cash reserves rose by US$ 700 million, registering US$ 15.1 billion in August, up from US$ 14.4…