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…
Browsing Tag
foreign currency reserves
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…
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