Egypt’s vegetable oil reserves at 3 months and sugar at 5: ministry
Egypt’s strategic vegetable oil reserves are enough to meet consumption needs for more than three months…
Browsing Tag
reserves
IMF to upgrade Egypt’s economic growth forecast to 5.5% in FY2018/19
The International Monetary Fund (IMF) will raise its forecast for Egypt’s economic growth to 5.5 percent within…
Exxon Mobil targets a foray into Egypt’s offshore oil and gas
Exxon Mobil is considering a foray into Egypt's offshore oil and gas, seeking to replicate rivals’ success in the…
Egypt’s debt hits 3.7 trillion pounds in 2017: minister
Egypt’s Minister of Finance Amr El-Garhy said on Tuesday that the country’s internal and external debt totalled…
Egypt’s foreign debt ups by 42% in FY2016/17: CBE
Egypt’s foreign debt rose by 42 percent to $79 billion during the financial year 2016/2017, said Central Bank of…
Egyptian currency float boosts foreign investment: chairman
Foreign investors have bought a net 11 billion Egyptian pounds ($615.90 million) worth of shares since the country…
HC expects fall in US dollar to hit 15.72 Egyptian pounds at end-FY2017/18
HC Securities and Investment expected Tuesday that U.S. dollar's exchange rate will drop to 15.72 Egyptian pounds…
Egypt’s foreign reserves nearing $35 bln: Sisi
Egypt's President Abdel Fattah al-Sisi announced that the country's foreign reserves are now close to $35 billion.…
Nonperforming loans drop by 5.7% in Egypt’s banks at end-March: CBE
The ratio of non-performing loans at banks operating in the Egyptian market fell to 5.7 percent of the total loan…
Egypt’s fuel consumption jumps by 4.7% in 2016
Egypt’s consumption of various energy resources rose 4.7 percent to reach 91 million tonnes of oil…
