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Central Bank of Egypt

Central Bank of Egypt latest

Egypt's oil trade balance achieved for the first time in four years a surplus of $150.8 million. (Shutterstock)
April 2nd, 2019 - 07:59 GMT

Egypt's Oil Trade Balance Achieves Surplus of $150.8 Million

Egypt's oil trade balance achieved for the first time in four years a surplus of $150.8 million during the first half of fiscal year 2018/19, compared to a deficit of $2.2 billion in the same period the previous fiscal year, the Central Bank of Egypt (CBE) announced.
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Egypt's net foreign reserves fell by $105 million in February to $13.508 billion, the Central Bank of Egypt (CBE) stated on Monday.
March 5th, 2013 - 03:44 GMT

Egypt's foreign reserves keep on falling

2013 was a crossroads for Egypt's economic future
February 19th, 2013 - 11:22 GMT

Egypt's economy needs crisis management" - Central Bank chief

Egypt has had returned around $174 million is cash and assets after it reached a reconciliation deal with Mubarak-era figures
February 17th, 2013 - 09:21 GMT

Egypt reaches reconciliation deal with Mubarak-era figures

The trial of Hosni Mubarak's sons on corruption charges has been postponed
February 10th, 2013 - 11:33 GMT

Mubarak sons corruption trial postponed

The Central Bank of Egypt announced that Egypt's total foreign reserves had dropped by $1.4 billion in January.
February 6th, 2013 - 01:25 GMT

Egypt's foreign reserves enough for 3 months of imports — Minister

Egypt's Central Bank revealed yesterday that net foreign reserves fell by $1.4 billion in January
February 6th, 2013 - 04:00 GMT

Egypt's foreign reserves drop dramatically

The United Bank of Egypt is planning to enter the lucrative GCC banking market
January 24th, 2013 - 11:55 GMT

United Bank of Egypt spreads its wings to GCC

The Egyptian pound continues to slide against the dollar as investors hope the IMF deal will shore up the currency
January 22nd, 2013 - 08:22 GMT

Egyptian pound continues to slide, investors look to IMF loan for stability

Economists do not expect a significant decrease of imports due to the recent devaluations
January 17th, 2013 - 12:10 GMT

Egypt's weaker pound unlikely to boost economy

Qatar has said it will not allow Egypt to go bankrupt as the the country faces a currency crisis and a stalling economy
January 16th, 2013 - 12:08 GMT

Qatar insists it won't allow Egypt to go bankrupt

The Egyptian pound continued to slide again on  Tuesday, as former finance minister claims the currency controls are  "temporary"
January 15th, 2013 - 01:06 GMT

Egyptian pound slides again as former minister claims currency controls are temporary

Former deputy governor of Egypt's Central Bank has resigned as head of the NAtional Bank of Egypt for undisclosed reasons
January 14th, 2013 - 01:03 GMT

Head of Egypt's largest bank resigns

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