foreign currency reserves

Egyptian economy exceeds international expectations, report
Business

Egyptian economy exceeds international expectations, report

The Egyptian government said on Saturday that economic indicators show that the Egyptian economy has exceeded international expectations, thanks to…
Egypt says external debt slumps for the first time in over 4 years
Business

Egypt says external debt slumps for the first time in over 4 years

The Cabinet Media Center on Sunday said that Egypt has successfully reversed its external debt curve, declining for the first…
Egypt’s foreign currency reserves are still ‘safe’: CBE
Business

Egypt’s foreign currency reserves are still ‘safe’: CBE

The Deputy Governor of the Central Bank of Egypt (CBE) Ramy Aboul-Naga, announced that the nation’s foreign currency reserves are…
Egypt’s economic reform proves successful: Egypt’s PM
Business

Egypt’s economic reform proves successful: Egypt’s PM

Egyptian Prime Minister Mostafa Madbouly on Friday met with a high-level delegation from the World Bank, in the presence of…
Egypt’s foreign currency reserves up to $45.42 billion in December: CBE
Business

Egypt’s foreign currency reserves up to $45.42 billion in December: CBE

Egypt’s foreign currency reserves increased to US$45.42 billion in December compared to $45.35 billion in November, the Central Bank of…
Egypt’s foreign currency reserve increased by $106 million in May
Economy

Egypt’s foreign currency reserve increased by $106 million in May

  The Central Bank of Egypt (CBE) announced on Monday that the net foreign reserve increased to $44.139 billion at…
Egypt’s foreign reserves jump to US$23 bln at end-November
Egypt

Egypt’s foreign reserves jump to US$23 bln at end-November

Egypt's foreign reserves have increased to US$23.058 billion at the end of November from $19.041 billion a month earlier, the…
Govt, CBE debate timing of state-banks IPO
Egypt

Govt, CBE debate timing of state-banks IPO

The Egyptian government and the Central Bank of Egypt are involved in ongoing discussions over the timing of the initial…
US dollar hits LE18 on black market as govt mulls official devaluation
Business

US dollar hits LE18 on black market as govt mulls official devaluation

The US dollar continued its steep rise on Egypt's black market on Sunday, breaking the LE18 barrier for the first…
Egypt tourism in limbo a year after Russian plane bombing
Business

Egypt tourism in limbo a year after Russian plane bombing

A year after jihadists bombed a Russian plane carrying holidaymakers in Egypt, tourism shows little sign of recovery in the…
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