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…
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net foreign assets
Egyptian banking sector’s net foreign assets rise to EGP 644.7b in July
Egypt's net foreign assets (NFAs) rose for the third consecutive month in July 2024, reaching a record high of…
Egypt’s NFAs remain in positive zone in June – CBE
Egypt's net foreign assets (NFAs) fell by 49.76 billion Egyptian pounds in June to 626.6 billion pounds ($13.05…
Egypt’s net foreign assets boast surplus for first time in 2 years
Egypt’s net foreign assets (NFAs) turned a surplus for the first time in more than two years in May, central bank…
Saudi Arabia’s foreign reserves plunge by $16 bln in July
Saudi Arabia’s foreign reserves dropped by more than $16 billion in July, the biggest drop since the onset of the…
Egypt’s net foreign assets grow by $2 billion in December
Egypt's net foreign assets (NFAs) improved by 47.28 billion Egyptian pounds in December, marking a second month…
Egyptian banks net foreign assets plunge 57 % in 9 months
The net foreign assets of Egyptian banking sector plummeted by 57 percent, or 171.5 billion Egyptian pounds …
Egypt’s Local Liquidity Rose EGP 30 Bln In Q1
The Central Bank of Egypt (CBE) stated that the local liquidity rose by EGP 29.9 billion (2.7%) to reach EGP 1.12…
AfDB 2023