foreign exchange reserves
Egypt’s GDP sees growth of 5.6 percent during first half of 2019/2020 fiscal year
Business
February 19, 2020
Egypt’s GDP sees growth of 5.6 percent during first half of 2019/2020 fiscal year
Egypt’s Minister of Planning and Economic Development Hala al-Saeed said Egypt’s Gross Domestic Product (GDP) had achieved growth of 5.6 percent…
Egypt central bank to hold exceptional $500 million FX auction on Sunday
Business
March 6, 2016
Egypt central bank to hold exceptional $500 million FX auction on Sunday
Egypt's central bank said on Sunday it would hold an exceptional auction for US$500 million to cover imports of strategic…
Egypt unrest could threaten food security-UN agency
Egypt
July 12, 2013
Egypt unrest could threaten food security-UN agency
Civil unrest and dwindling foreign exchange reserves raise serious food security concerns in Egypt, the United Nations' food agency said…
Cabinet to lower prices on housing projects to encourage Egyptians expat purchases
Egypt
October 7, 2012
Cabinet to lower prices on housing projects to encourage Egyptians expat purchases
Housing and Urban Communities Minister Tareq Wafiq has said that the Cabinet agreed to lower prices and offer payment facilities…
Foreign exchange reserves increase
Business
September 3, 2012
Foreign exchange reserves increase
Foreign exchange reserves increased by about US$685 million at the end of August after Qatar gave $500 million, the first…
Paper: Egypt army sees further drop in FX reserves
Business
March 28, 2012
Paper: Egypt army sees further drop in FX reserves
CAIRO - Egypt's foreign reserves are expected to fall by more than US$5 billion to $10.4 billion by the end…
Egypt Q4 balance of payments deficit $5.7 billion
Business
March 25, 2012
Egypt Q4 balance of payments deficit $5.7 billion
Egypt's balance of payments slid into a deficit of $5.65 billion in the politically-fraught final quarter of 2011, turning around…
CBE: Egypt’s forex reserves reach US$35.57 bn in November
Business
December 6, 2010
CBE: Egypt’s forex reserves reach US$35.57 bn in November
Egypt's foreign currency reserves amounted to US$35.57 billion as of late November compared to US$35.545 billion one month earlier, the…
Central Bank report shows significant spike in foreign reserves
Business
November 24, 2010
Central Bank report shows significant spike in foreign reserves
A monthly Central Bank of Egypt (CBE) report released on Wednesday reveals a recent spike in the country’s net foreign…
CBE: Egypt’s forex reserves rise in May
Business
June 23, 2010
CBE: Egypt’s forex reserves rise in May
The Central Bank of Egypt (CBE) on Wednesday announced a $450-million increase in Egypt's foreign currency reserves during the month…