reserves
Lira on four-day skid as Ankara struggles to hold confidence
Middle East
December 31, 2021
Lira on four-day skid as Ankara struggles to hold confidence
ISTANBUL, Dec 30 (Reuters) – The Turkish lira fell as much as 6% on Thursday, extending a four-day slide after…
Egypt adds 40 trillion cubic meters gas reserves out of 4 fields: EGAS
Egypt
October 4, 2018
Egypt adds 40 trillion cubic meters gas reserves out of 4 fields: EGAS
The Egyptian Natural Gas Holding Company (EGAS) said that Egypt added around 40 trillion cubic meters of natural gas…
IMF says it’s encouraged by Gulf’s economic reform plans
Business
April 25, 2016
IMF says it’s encouraged by Gulf’s economic reform plans
The International Monetary Fund said it was encouraged by the efforts of Saudi Arabia and other Gulf Arab oil exporters…
Wheat strategic reserves cover Egypt’s needs until mid-February
Economy
July 15, 2015
Wheat strategic reserves cover Egypt’s needs until mid-February
Khaled Hanafy, Minister of Supply and Internal Trade, announced that the strategic reserves of local and imported wheat are sufficient…
Central Bank: Egypt’s foreign reserves rise to $16.909 bn in October
Business
November 6, 2014
Central Bank: Egypt’s foreign reserves rise to $16.909 bn in October
Egypt's foreign reserves rose to US$16.909 billion at the end of October from $16.872 billion the previous month, the central…
Economists: Arab loans will increase currency reserves
Business
July 10, 2013
Economists: Arab loans will increase currency reserves
Economists have said that the US$8 billion Egypt will receive in loans from Saudi Arabia and the United Arab Emirates…
Egypt mulls wheat imports from Kazakhstan
Business
April 9, 2013
Egypt mulls wheat imports from Kazakhstan
Egypt is considering resuming wheat imports from Kazakhstan after a two-year hiatus, an adviser to the minister of supply said…
Wheat imports to fall 8-10 pct in 2013
Business
April 2, 2013
Wheat imports to fall 8-10 pct in 2013
Officials plan to cut state wheat imports this year by around 10 percent, with the world's largest grain importer relying…
Central Bank: Egypt can meet import needs
Business
March 28, 2013
Central Bank: Egypt can meet import needs
Egypt can meet its demands for petroleum and food imports, despite its troubled economy, according to Central Bank of Egypt…
Egypt’s economy: From crisis to crash
Opinion
March 26, 2013
Egypt’s economy: From crisis to crash
Since February 2011, Egyptian authorities have designed their fiscal, monetary and exchange rate policies for the sole purpose of preventing…