Economy Is Improving, IMF Estimates Inaccurate; Says Egypt’s PM
Prime Minister, Dr. Hazem al-Beblawy said the Egyptian economy is improving adding there are many indicators, which…
Browsing Tag
Egypt’s foreign reserves
Egypt’s C.Bank Raises $40 mln at FX Auction Today
The Central Bank of Egypt (CBE) has offered today its final foreign exchange auction for this week totaled US$ 40…
CBE: Kuwaiti Deposit Adds $2 bln to Egypt’s Foreign Reserves
Governor of the Central Bank of Egypt (CBE) Hesham Ramez has confirmed on Tuesday that the bank has received the…
Egypt Gets Saudi Oil Shipments, Rebuffs IMF Aid at the Moment
Egypt has received oil shipments worth $800 million from Saudi Arabia in the months of August and September, Tareq…
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 C.Bank Raises $40 mln at FX Auction Ahead of Feast Holidays
The Central Bank of Egypt (CBE) has offered today its last foreign exchange auction for this week totaled US$ 40…
Egypt Seen Falling Short On Crop Forecast As Harvest Underway
Egypt's wheat harvest is shaping up well but farmers doubt it will meet official predictions, threatening the…
Lowering Egypt’s Credit Rating Not To Impact IMF Talks: Ismail Hassan
Downgrading Egypt’s long-term sovereign credit rating from B- to CCC+ and short-term rating from B to C with stable…
Egypt’s Foreign Reserves Rose US$ 1 Bln In April On Libyan Deposit
Egypt’s foreign reserves surged about US$ one billion to reach US$ 14.4 billion at the end of last April, compared…