Further growth in foreign assets is expected in March after the International Monetary Fund approved a $1.2 billion disbursement to Egypt, following the fourth review of its $8 billion economic ...

CAIRO - Egypt's net foreign assets (NFAs) fell further into deficit in June, with the gap widening by 82.1 billion Egyptian pounds ($2.66 billion) from the previous month to negative 837.3 billion ...

The deficit in Egypt's foreign assets deficit declined by nearly 3 percent - EGP 24.92 billion ($807.95 million) - on a monthly basis in July, as assets rose at a pace faster than the growth in ...

The Central Bank of Egypt (CBE) reported that the net foreign assets of the Egyptian banking sector recorded a surplus of $5.224bn (EGP 265.898bn) in Tuesday, 02 January 2024 12:17 GMT عربي ...

‘We want 5% growth this year. Starting the next year, we can have momentum enough to get to 6%-plus, which will put Egypt back on foreign investors’ maps and create a country where investments ...

To attract foreign currency and boost local market competitiveness, authorities agreed back in 2022 to sell stakes in 32 state-owned businesses, including Telecom Egypt, luxury hotels in Cairo, ...

China is a key partner in Egypt’s economic future,’ says Egyptian president as Chinese premier expresses readiness to expand ...

CAIRO - Egypt's net foreign assets deficit narrowed by 24.9 billion Egyptian pounds ($808 million) in July to a negative 812.4 billion pounds, its first decline since March, according to central bank ...

Hassan El-Khatib, Minister of Investment and Foreign Trade, announced that the Egyptian government plans to double the assets and investments managed by The Sovereign Fund of Egypt (TSFE) to better ...