Egypt’s Suez Canal Authority inks $2b petrochemical complex deal in Ain Sokhna
Egypt’s Suez Canal Authority (SCA) signed a strategic partnership with Anchorage Investments on Wednesday to build…
Browsing Tag
foreign currency reserves
H. Kong’s foreign reserves drop in April. ’25
The Hong Kong Monetary Authority (HKMA) announced on Thursday that the city's official foreign currency reserve…
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 receives $1.2b IMF tranche – Cabinet
Egypt has received a $1.2 billion tranche after the International Monetary Fund (IMF) Executive Board approved the…
Egypt’s FX revenues, expenditure balance over 2 weeks
Prime Minister Mostafa Madbouly has announced that Egypt’s economic indicators are improving. He noted that foreign…
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…
Egypt’s agricultural exports exceed $9.2b
Egypt’s agricultural exports surpassed $9.2 billion (460 billion Egyptian pounds), according to Minister of…
H. Kong’s foreign reserves decline slightly in Sep. ’24
The Hong Kong Monetary Authority (HKMA) said that the city's official foreign currency reserve assets fell to…
Abu Qir Fertilisers profit drops by 4% in FY ’23/’24
Abu Qir Fertilizers and Chemicals Industries Company posted a net profit of 13.48 billion Egyptian pounds for…
Egypt’s foreign currency reserves rise $42.6bn at 2018-end
Egypt’s foreign currency reserves increased to $42.6 billion at the end of 2018, the highest level in years, the…
Egypt’s foreign reserves fall 4.4% in December: CBE
Egypt’s foreign currency reserves dropped 4.4 percent to $42.5 billion in December from $44.5 billion in November,…
Egypt foreign reserves at record high before bond sale: Bloomberg
Egypt’s foreign-currency reserves climbed to a record in January just as as the government prepares to raise as…
Egypt’s Foreign Reserves Fall to $18.59 bln in October – CBE
Egypt’s net foreign reserves hit US$ 18.59 billion at the end of October, 2013, compared with US$ 18.709 billion in…
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…
Egypt Forex Reserves Affected By Imports, Gold Prices
The first drop in Egypt's foreign currency reserves in two months can be attributed to an exceptional forex auction…
Shipping Firms Brace For Suez Disruption As Egypt Turmoil Mounts
Cash-strapped Egypt government expected to implement revenue-raising measures before end of year, dealing further…
Experts Predict Higher Inflation Rates Amid Unchanged Interest Rates
Following the decision by Egypt’s Central Bank to keep the main overnight deposit, lending and discount rates at…
Egypt Central Bank Receives Libya’s US$2 Bln Loan: Sources
The Libyan government has already injected US$ 2 billion in the Egypt’s Central Bank (CBE) by the end of last week…
Qatari Deposit Will Have Temporary Impact On Foreign Reserves: Bankers
Most banking experts said the US$ 2 billion Qatari deposit at the Central Bank of Egypt (CBE) will have a temporary…