foreign reserves
Egypt Reserves Reach Record High of Over $36 Billion
Economy
August 2, 2017
Egypt Reserves Reach Record High of Over $36 Billion
Egypt’s foreign reserves reached $36.036 billion in July, a record high, which the prime minister described as “good news” as…
Egypt’s foreign reserves rose by $180 million in June: CBE
Business
July 5, 2017
Egypt’s foreign reserves rose by $180 million in June: CBE
The Central Bank of Egypt (CBE) announced that the country’s foreign reserves rose by $180 million in June, an increase…
Egypt’s foreign reserves rise to $31.125 bn
Economy
June 5, 2017
Egypt’s foreign reserves rise to $31.125 bn
The Central Bank of Egypt (CBE) announced Sunday that the country’s foreign reserves rose to $31.125 billion at the end…
Financial crisis over, 2018 to witness boom: CBE governor
Business
May 17, 2017
Financial crisis over, 2018 to witness boom: CBE governor
The financial crisis is over and 2018 will see a boom, said Governor of the Central Bank of Egypt Tarek…
Foreign currency reserves can cover 6 months of imports: CBE
Business
February 8, 2017
Foreign currency reserves can cover 6 months of imports: CBE
The foreign currency reserves at the Central Bank of Egypt (CBE) are able to cover Egypt's imports for a period…
Egypt’s foreign reserves rise to US$26.363 bn at end of January
Business
February 6, 2017
Egypt’s foreign reserves rise to US$26.363 bn at end of January
Egypt's net foreign reserves rose to US$26.363 billion at the end of January from US$24.265 billion as of the end…
Egypt’s foreign reserves rise to US$24.265 bln at end-December
Egypt
January 6, 2017
Egypt’s foreign reserves rise to US$24.265 bln at end-December
Egypt's net foreign reserves rose to US$24.265 billion at the end of December from US$23.058 billion at the end of…
Central Bank seeks to buy gold from treasury to bolster foreign reserves
Business
October 13, 2016
Central Bank seeks to buy gold from treasury to bolster foreign reserves
An official source has confirmed that the Central Bank of Egypt (CBE) has called upon the Ministry of Finance to…
After six months, Egypt finally settles wheat fungus row
Egypt
July 5, 2016
After six months, Egypt finally settles wheat fungus row
Egypt's agricultural quarantine authority settled a months-long dispute on Monday over wheat import specifications that have hampered the country's massive…
Central bank removes dollar deposits cap for companies
Business
March 9, 2016
Central bank removes dollar deposits cap for companies
The Central Bank of Egypt (CBE) has removed a limit it imposed in February 2015 on foreign currency deposits and…