foreign debt
Net foreign reserves rise to US$45.247 bn in October
Economy
November 7, 2019
Net foreign reserves rise to US$45.247 bn in October
The value of Egypt’s net foreign reserves rose to US$45.247 billion in October from $45.118 billion in September, the Central…
Net foreign reserves record US$45.118 bn in September
Economy
October 3, 2019
Net foreign reserves record US$45.118 bn in September
The net foreign reserves in the Central Bank of Egypt at the end of September recorded about US$45.118 billion, up…
Fitch Ratings raises Egypt’s financial outlook to ‘positive’
Business
January 17, 2018
Fitch Ratings raises Egypt’s financial outlook to ‘positive’
Fitch Ratings Inc., one of the three biggest credit rating agencies in the world, raised Egypt’s long-term Foreign-Currency Issuer Default…
Foreign currency reserves rose to record-high $37.19 bn in December 2017: CBE
Economy
January 3, 2018
Foreign currency reserves rose to record-high $37.19 bn in December 2017: CBE
Egypt’s net foreign currency reserves climbed to an all-time high of $37.19 billion in December 2017, the Central Bank of Egypt (CBE)…
Egypt’s foreign debt up 42 pct to $79 bln in 2016-17 -central bank
Economy
September 30, 2017
Egypt’s foreign debt up 42 pct to $79 bln in 2016-17 -central bank
Egypt’s foreign debt rose to $79 billion in the 2016-17 fiscal year which ended in June, up 42 percent from…
32.5% increase in Egypt’s foreign debt: CBE
Egypt
August 1, 2017
32.5% increase in Egypt’s foreign debt: CBE
The Central Bank of Egypt (CBE) said that Egypt’s gross foreign debt surged by 32.5 percent ($18.1 billion) in the third…
Egypt’s foreign debt to reach 30 percent of GDP by June: central bank governor
Egypt
February 25, 2017
Egypt’s foreign debt to reach 30 percent of GDP by June: central bank governor
Egyptian Central Bank Governor Tarek Amer said late on Friday that he expects the country's foreign debt to reach 30…
Egypt’s external debt to reach $53.4 billion with IMF loan: minister
Business
August 1, 2016
Egypt’s external debt to reach $53.4 billion with IMF loan: minister
Egypt's Finance Minister Amr al-Garhy said in a television interview on Sunday that Egypt's external debt would reach $53.4 billion…
IMF request fully floating Egyptian pound: senior gov’t official
Business
August 1, 2016
IMF request fully floating Egyptian pound: senior gov’t official
A senior government official has revealed an International Monatery Fund (IMF) suggestion to fully float the Egyptian pound against the…
A government under economic siege
Business
October 13, 2015
A government under economic siege
Central Bank data has revealed a 4.3 percent increase in net foreign debt in the recently completed fiscal year, recording…