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Business - Economy
Egypt's net international reserves continue their upturn for six months in row
3/6/2023 5:56:06 PM
Egypt's net international reserves (NIRs) rose in February by $128 million to reach $34.3 billion, up from $34.2 billion registered by the end of January 2023, the Central Bank of Egypt (CBE) announced on Sunday.
Business - Economy
Egypt receives $925 mln with improvements in tourism, remittances: CBE
1/16/2023 5:54:53 PM
Egypt has received $925 million in indirect investments in local debt instruments since Wednesday, increasing the country’s reserves of hard currency in addition to an increase from the local market, Egyptian expats remittances, and the tourism sector, the Central Bank of Egypt said on Monday.
Business - Economy
Egypt's international reserves inches up to the highest level in 7 months
1/3/2023 11:11:39 PM
Egypt's net international reserves (NIRs) rose by $470 million to hit nearly $34 billion in December 2022, compared to $33.5 billion in November, the Central Bank of Egypt (CBE) announced on Tuesday.
Business - Economy
Egypt’s net international reserves rise by $214 million in October: CBE
11/3/2022 3:25:56 PM
Egypt's net international reserves (NIRs) registered $33.4 billion in late October, an increase of $214 million over its volume in September, the Central Bank of Egypt (CBE) said Thursday.
Business - Economy
Egypt’s NIRs rise slightly for first time since start of Russian-Ukrainian crisis: CBE
10/5/2022 5:57:22 PM
Egypt net international reserves (NIRs) rose by $56 million in September to post $33.19 billion, up from $33.14 posted in August, its first increase since the start of the Russian-Ukrainian crisis last February, the Central Bank of Egypt (CBE) announced on Wednesday.
Business - Economy
Egyptian expats’ remittance inflows to Egypt grow by 1.6% in FY2021/22
8/23/2022 12:38:26 PM
Egyptian expats’ remittance inflows to Egypt grew in FY2021/2022 by 1.6 percent to post $31.9 billion, up from $31.4 billion recorded in FY2020/2021, the Central Bank of Egypt (CBE) announced on Tuesday.
Business - Economy
Egypt’s NIRs decline by $230 mln in July: CBE
8/7/2022 3:15:57 PM
Egypt’s net international reserves (NIRs) declined by $230 million in July to post $33.1 billion, down from $33.3 billion at the end of June 2022, the Central Bank of Egypt (CBE) said on Sunday.
Business - Economy
Egypt’s international reserves down in May
6/6/2022 5:59:00 PM
Egypt’s net international reserves (NIRs) dropped in May to $35.5 billion, down from $37 billion posted in April, the Central Bank of Egypt (CBE) announced on Monday.
Business - Economy
Egypt’s international reserves inch up slightly in April
5/8/2022 8:47:32 PM
Egypt’s net international reserves (NIRs) rose slightly in April to $37.1 billion, up from $37 billion posted in March, the Central Bank of Egypt (CBE) announced on Sunday.
Business - Economy
Egypt's NIRs drop to $37 bln in March, the lowest since May 2020: CBE
4/7/2022 4:59:21 PM
Egypt’s net international reserves (NIRs) fell to about $37 billion by end of March, down from $40.9 billion in February, the Central Bank of Egypt (CBE) announced on Thursday.
Business - Economy
Egypt’s international reserves inch up to $40.98 bln in January: CBE
2/6/2022 4:12:56 PM
Egypt’s net international reserves (NIRs) edged up in January by $45 million to post $40.98 billion, up from $40.93 billion recorded in December, the Central Bank of Egypt (CBE) announced on Sunday.
Business - Economy
Egypt’s international reserves inched up slightly to $40.93 bln in December: CBE
1/5/2022 4:31:07 PM
Egypt’s net international reserves (NIRs) rose slightly in December to reach $40.93 billion, up from the $40.90 billion recorded in November, the Central Bank of Egypt (CBE) announced on Wednesday.
Business - Economy
Egypt’s international reserves jump to 40.9 bln by end of November: CBE
12/7/2021 3:26:33 PM
Egypt’s net international reserves (NIRs) rose by the end of November to $40.9 billion, up from $40.8 billion in October, the Central Bank of Egypt (CBE) announced on Tuesday.
Business - Economy
Egypt’s foreign reserves rise slightly in September to $40.8 bln: CBE
10/4/2021 7:43:52 PM
Egypt’s Net International Reserves (NIRs) rose slightly in September to $40.8 billion, up from the $40.6 billion recorded in August, the Central Bank of Egypt (CBE) announced on Monday.
Business - Economy
Egypt sets to offer $975 mln one year US-dominated T-bills on Wednesday
4/26/2021 3:21:14 PM
The proceeds of this kind of auctions are used to replenish Egypt’s net international reserves (NIRs)
Business - Economy
Egypt’s international reserves went up marginally to $40.3 bln by end of March, rose for 10th month in row: CBE
4/4/2021 8:33:36 PM
In September 2019, Egypt’s NIRs recorded an all-time high of $45.1 billion, before going down to $40 billion iN march 2020, driven by the unprecedented blow to global financial markets arising from the COVID-19
Business - Economy
Egypt’s international reserves slightly increase to $40.2 bln in February
3/7/2021 2:48:45 PM
The increase is the ninth for the NIRs since it started to bounce back last June after a sharp drop caused by the COVID-19 pandemic in 2020
Business - Economy
Egypt's NIRs increased slightly to $40.1 bln by end of January: CBE
2/3/2021 6:52:50 PM
Despite a 39 percent drop in its FDI inflow, Egypt managed to maintain its position as having the most FDI inflows in Africa with $5.5 billion in 2020, according UNCTAD
Business - Economy
Egypt’s international reserves jump to $40 bln for first time since October: CBE
1/5/2021 9:41:33 PM
In September 2019, Egypt’s NIRs recorded an all-time high of $45.1 bln, before witnessing a significant drop in March 2020 driven by COVID-19
Business - Economy
Egypt’s NIRs stood at $39.2 bln by end of November: CBE
12/6/2020 4:47:14 PM
The World Bank expects Egypt to become the top recipient of remittances in the Middle East and North Africa region in 2020 to receive $24.4 billion
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