China to deposit $1 billion in Egypt central bank during Chinese president’s visit
Egypt and China are to sign a deal securing a US$1 billion loan for the Egyptian Central Bank during the Chinese…
Browsing Tag
Egypt’s foreign reserves
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 General Petroleum Corp in talks to delay dollar payments owed to banks
State-run Egyptian General Petroleum Corp (EGPC) did not receive its full dollar needs from the central bank in…
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…
Russian plane crash ‘credit negative’ for Egypt: Moody’s
The recent Russian plane crash in Sinai Peninsula is “credit negative” for Egypt, and will weigh on its tourism…
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…
The Economist: Egypt’s foreign reserves; Dwindling dollars
Facing a shortage of foreign exchange, Egypt allows its currency to fall. Despite the government’s best efforts,…
Moody’s: Drop in Egypt’s foreign reserves ‘credit negative
The steady drop of Egypt’s international foreign reserves is “credit negative,” according to a report released by…
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…
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…