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Paris Club

Paris Club latest

Egypt, which relies heavily on imports, has been facing a dollar shortage since a popular uprising in 2011 drove away tourists and foreign investors, both major sources of hard currency.  (File photo)
March 28th, 2016 - 07:00 GMT

More aggressive action: Egypt's Central Bank releases $22B to clear goods blocked at ports

ECB Governor Tarek Amer continues his foreign currency management plan to bring dollars into the banking system and address outstanding debts.
Read more
Earlier in October, Governor of the CBE Hisham Ramez announced the payment of $500m to Qatar.
December 9th, 2014 - 04:55 GMT

Repaying Qatar brings down Egypt's reserves by $1.1 billion in one month

Al Bawaba
July 8th, 2014 - 03:55 GMT

The epitome of over-dependence: Egypt’s reserves fall $600 million due to suspension of Gulf aid

This marks the first rise in foreign reserves since last August.
February 9th, 2014 - 03:55 GMT

Who needs Qatar now? Egypt's reserves up for first time in six months

The country has run through more than $20bn in reserves, borrowed billions from abroad and delayed payments to oil companies to support its currency since its popular uprising in early 2011 (Getty images).
August 6th, 2013 - 10:36 GMT

Thanks to Gulf States, Egypt Foreign Reserves Highest in 20 months

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

February 1st, 2009 - 09:08 GMT

The strong fundamentals of the Jordanian economy help mitigating the impact of the current crisis

October 23rd, 2007 - 03:24 GMT

Letter to the Editor: Jordanian economy

Al Bawaba
August 17th, 2006 - 01:39 GMT

CPI Data Not Enough to Convince Fed to Raise Rates - Dollar Bearish

Al Bawaba
June 29th, 2006 - 01:16 GMT

Strong and Weak Pairings - Know How to Position Post FOMC

Al Bawaba
June 17th, 2006 - 01:53 GMT

Light Economic Calendar Suggests Consolidation for EUR/USD Next Week

March 6th, 2005 - 10:14 GMT

Egypt's foreign reserves amount to $14.975 billion

Al Bawaba
February 20th, 2005 - 12:54 GMT

Iraq names financial consultants

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