The Central Bank of Egypt (CBE) announced on March 4 that the net foreign reserves surged to USD 44.060 bn at the end of February, up from USD 42.616 bn a month earlier
The Central Bank of Egypt (CBE) announced on February 5 that net foreign reserves rose to USD 42.616 bn by the end of January 2019, compared to USD 38.2 bn in the prior-year period.
The International Monetary Fund’s (IMF's) executive board completed on February 2 the fourth review of Egypt’s economic reform program, allowing the country to draw about USD 2 bn worth of loan, bringing the count ...
Germany's Federal Minister for Economic Affairs and Energy Peter Altmaier is visiting Egypt from February 2 to 4, accompanied with an economic and parliamentary delegation, attempting to scrutinize the progress ma ...
The Central Bank of Egypt (CBE) has unveiled that the country's foreign currency reserves dropped last December for the first time since the EGP flotation, standing at USD 42.551 bn compared to USD 44.513 bn at th ...
The Egyptian president’s office announced on December 31 that the government will receive the fifth tranche of the USD 12 bn International Monetary Fund (IMF) loan program in January.
Egypt's annual headline inflation rate declined in November, logging the steepest fall in three and a half years that has reversed an upward trend and recorded 15.7% from 17.7% in October, according to state stati ...
Egypt’s Planning Minister Hala El-Saeed said that the country’s GDP jumped to 5.3% in Q1 2018, which began in July, compared to 5.2% in the prior-year period, amid the government's invested efforts to achieve comp ...
The International Monetary Fund (IMF) said on October 31 it had reached a staff-level agreement with Egypt to disburse another USD 2 bn in funds, bringing the total disbursements under the program to nearly USD 10 ...
Planning Minister Hala El-Saeed said on October 31 that the government is seeking to achieve a growth rate of 10% in the country's GDP by the end of FY 2029/30
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