Egypt’s net foreign reserves hit $45.457 bn at the end of January, from $45.42 bn in December, Invest-Gate reports.
The Central Agency for Public Mobilization and Statistics (CAPMAS) has revealed that Egypt's annual urban consumer price inflation rate increased for the first time in five months to reach 3.6% in November from 3. ...
The Central Bank of Egypt (CBE) has made the third consecutive cut to key rates by 1%, a step coming shortly after the annual headline inflation rate hit its lowest level in 14 years and logged 3.1% in October, co ...
Egypt’s annual headline inflation rate plummeted to 4.8% in September, compared to 7.5% a month ago, and remained almost stationary on a month-on-month basis, easing to its lowest hit since November 2012 and chart ...
The Central Bank of Egypt (CBE) made the second consecutive cut to key rates by 1% (100 bps), driven by the declining inflation rates, which hit a six-year low in August, alongside the falling unemployment and soa ...
Egypt’s annual headline inflation rate fell to a six-and-a-half-year low in August, registering 7.5% from 8.7% in July, opening the way for further rate cuts by the Central Bank of Egypt (CBE).
The Central Bank of Egypt (CBE) has revealed that nearly USD 53 mn were added up to the country's net foreign reserves in August, logging USD 44.969 bn from USD 44.917 bn in the previous month.
Moody's Investors Service has kept Egypt's credit profile at "B2 stable," reflecting concerns over the government’s weak, but gradually improving, finances and fiscal metrics, which shall boost annual growth to 6% ...
The Central Bank of Egypt (CBE) said remittances of Egyptian expatriates, one of the country’s main sources of foreign currency, leaped to almost USD 3 (EGP 49.7) bn in May, up 43% from USD 2.1 (EGP 34.8) bn a mon ...
Egypt has received USD 2 bn from the International Monetary Fund (IMF), drawing the sixth and final tranche of the USD 12 bn, three-year loan program that kicked off back in November 2016
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