reserves

Central Bank: Egypt can meet import needs
Business

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

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…
Stock market loses LE3.6 billion Wednesday
Business

Stock market loses LE3.6 billion Wednesday

Egyptian stock prices fell Wednesday as investor fears ratcheted up over Egypt's gloomy economic prospects. Shares had dropped nearly LE3.6…
Optimism toward politics buoys Egyptian stocks
Business

Optimism toward politics buoys Egyptian stocks

A strong performance by Egypt's stock market in the last few days, despite a string of negative political and economic…
Egypt BoP deficit at US$9.2 bln in FY 2011
Business

Egypt BoP deficit at US$9.2 bln in FY 2011

Egypt had a balance of payments deficit of US$9.2 billion in the financial year 2010-11, reversing a surplus of $3.4…
Egypt reserves slip, analysts see slowing outflows
Business

Egypt reserves slip, analysts see slowing outflows

Egypt's net foreign reserves slipped to US$25.71 billion in July but economists said there was a slowdown in the rate…
Egypt wheat reserves to last five months
Business

Egypt wheat reserves to last five months

Egypt’s wheat reserves will last until the end of January, said Ahmed al-Rakaiby, head of Egypt's wheat committee."The safe strategic…
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