Egypt reviews fuel supply plan for summer
Egypt's Prime Minister Mostafa Madbouly chaired a high-level meeting to review the plan for securing petroleum…
Browsing Tag
Egypt’s foreign currency reserves
Egypt’s El-Khatib: Govt. keen on boosting exports
Egypt’s Minister of Investment and Foreign Trade Hassan El-Khatib participated in the exporter’s day event…
Egypt’s net FX reserves surge to $47.394 b in Feb – CBE
Egypt’s net foreign exchange reserves rose to $47.394 billion by the end of February, up from $47.265 billion at…
Egypt’s Sisi reviews macroeconomic indicators with key officials
Egypt’s President Abdel Fattah al-Sisi convened a meeting on Monday to review macroeconomic indicators with Prime…
URGENT: Egypt’s net FX reserves hit $46.942b in August – CBE
Egypt’s net foreign exchange reserves rose to $46.942 billion by the end of October,
Egypt’s net FX reserves surge by $13.5b in 2 years – CBE
Egypt's net international foreign exchange reserves have experienced a significant boost, increasing by $13.5…
Egypt’s sources of foreign currency ‘stable’ – PM
Egypt’s sources of foreign currency are “stable” and the state’s primary needs are secured, according to Prime…
Significant improvement in Egyptian economy – CBE
Egypt’s debt reduction, robust reserves, and prudent policies have positioned the country for sustained growth and…
Egypt’s economy remains resilient amid global challenges – Tarek Fayed
Tarek Fayed, Chairman of Banque du Caire, said on Sunday that the Central Bank of Egypt's (CBE) recent decisions…
Egypt’s net foreign reserves surge to $34.878 bln in July – c.bank
Egypt’s net foreign reserves surged to $34.878 billion at the end of July from $34.806 billion at the end of June,…
Egypt’s foreign reserves increased slightly to $40.1 bln by end of January: CBE
Foreign reserves ticked up $ 38.2 mn in January to end the month at $ 40.1 bn, according to central bank figures…
Egypt receives $324m foreign cash inflows in one day – Official
Egypt attracted foreign cash inflows worth $324 million on Sunday, according to a banking source.
AfDB’s $500 million loan transferred to Egypt central bank’s account
A US$500 million loan from the African Development Bank (AfDB) was transferred Thursday evening to the Egyptian…
Egypt’s foreign reserves rose to $16.445 billion at end-December
Egypt's foreign currency reserves rose by US$23 million to record US$16.445 billion dollars at the end of December…
Egypt’s foreign reserves rose $7 million in November
Egypt's foreign currency reserves inched higher by US$7 billion to record US$16.423 billion dollars at the end of…
Egypt’s GB Auto urges Govt support for industry to avert future crisis
Egypt's largest car assembler and distributor GB Auto (AUTO.CA) says it is pushing ahead with its expansion plans…
Egypt state banks launch products to support national currency
Egypt's two largest state-run banks have launched savings certificates for Egyptian pounds with an interest rate of…
Egyptian foreign reserves slightly up at end of October
Egypt's foreign currency reserves inched up to US$16.415 billion at the end of October from $16.335 billion in the…
BREAKING: Egypt devalues local currency fourth time in 2015
Egypt’s central bank has allowed Sunday the Egyptian pound to weaken in its latest dollar sale to 7.9301 per dollar…
Egypt’s foreign reserves drop to $16.335bn at end-September
Egypt's foreign currency reserves edged lower to US$16.335 billion at the end of September from $18.096 billion the…
Egyptian pound depreciation no longer a matter of choice – minister
"Depreciation of the Egyptian pound is no longer a matter of choice under the current local and international…
BREAKING: Egypt’s foreign reserves drop to $18.096bn at August-end
Egypt's foreign currency reserves dropped to US$18.096 billion at the end of August from US$18.534 billion the…
Egypt says Foreign Reserves drop 7.7 percent at end-July
Egypt's foreign currency reserves dropped 7.7 percent to US$18.534 billion at the end of July from US$20.080…
Egypt’s Foreign Reserves record first fall in 2015, hit $15.29 billion in March
Egypt's foreign currency reserves inched down to US$15.29 billion at end of March from US $15.456 billion the…
Egypt’s Foreign Reserves Fall by US$550 million at December-end
Egypt's foreign currency reserves fell to $15.332 billion at the end of November from $15.88 billion a month…
Egypt’s Foreign Reserves Retreat to $15.88bn at November-end
Egypt's foreign currency reserves dropped to $15.88 billion at the end of November from $16.91 billion a month…
Deputy Governor of Egypt’s Central Bank Resigns
The second highest-ranking official in Egypt's central bank has resigned, two senior sources said on Wednesday. The…
Qatar Requests Return of $3 billion Deposit from Egypt
Qatar is requesting the return of its $3 billion deposited in the Central Bank of Egypt (CBE), said an Egyptian…
Suez Canal Achieves New Record Cargo
Egypt's vital waterway Suez Canal has achieved the second record number of cargo ships sailing through it on a…
Egypt Central Bank Governor Says Foreign Reserves to Continue to Rise
Egypt's Central Bank governor Hisham Ramez said on Wednesday he expects the country's foreign currency reserves to…
Egypt’s FX Reserves to Report Slight Fall in November – C.Bank Governor
Central Bank of Egypt (CBE) Governor Hisham Ramez said Egypt's foreign currency reserves will record a slight…
Ex FinMin: Egypt Needs One-Year Moratorium on Street Protests – Ex FinMin
A year ago, it became clear to me that the Arab Spring would not succeed in Egypt unless a deadlock between the…
IMF Mission To Visit Egypt In Early April For Loan Talks
The International Monetary Fund said on Thursday it would visit Egypt in the "first days of April" for talks with…
Egypt Could Join BRICS Countries To Form E-BRICS: President Morsi
Egypt may one day join the BRICS grouping of growing economies, President Mohamed Morsi told the Hindu, an…
Egypt Needs Structural Help From IMF., Not Loans, Minister Says
Egypt needs broad structural measures, not stopgap financing, as part of a package from the International Monetary…
Egypt’s Central Bank: Reserves At “Critical” Level
The Central Bank of Egypt says the country's foreign currency reserves are at a "critical" minimum level. The bank…