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" reserves"

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Business - Economy
2/5/2024 6:58:33 PM
The Central Bank of Egypt (CBE) announced Monday an increase in the reserves of foreign currencies by about 30 million dollars.

Sports - Omni sports
2/2/2024 11:35:18 AM
Golden State Warriors star Stephen Curry gained a 10th NBA All-Star nod and Lakers star Anthony Davis a ninth as reserves for the mid-season showcase were announced on Thursday.

Al-Ahram Weekly - Egypt
1/23/2024 10:35:08 PM
Foreigners are to be allowed to buy real estate in Egypt in foreign currency in exchange for residency in order to boost the country’s currency reserves, reports Safeya Mounir

World - Region
1/20/2024 5:34:45 PM
Iran on Saturday said it "reserves the right to respond" after the Islamic Revolutionary Guard Corps said the spy chief for Syria and three other members had died in an Israeli strike that tore into a multi-storey residential building in Damascus.

Business - Markets & Companies
1/17/2024 10:49:22 PM
The Egyptian Mineral Resources Authority (EMRA) has inked a deal with the Canadian-based company Aton Resources to begin exploiting the gold ore and associated minerals in the Abu Marwat region of the Eastern Desert, according to a ministerial statement on Wednesday.

Business - Markets & Companies
1/10/2024 5:05:13 PM
The amount of gold remaining in Egyptian mines amounts to at least 25 million ounces (or over 781 tons), said Nagi Farag, advisor to the minister of supply for gold affairs, during an interview with the Ala Masouliati TV show on Tuesday.

Business - Economy
1/7/2024 6:51:40 PM
Egypt’s wheat imports increased by over 14.5 percent to 11 million tons in 2023 compared to 9.6 million tons in 2022, Deputy Minister of Supply and Internal Trade Ibrahim Ashmawy said on Saturday.

Business - Economy
1/4/2024 7:27:20 PM
Egypt’s Net International Reserves increased by $47 million to record $35.22 billion in December, its highest level since May 2022, according to data released by the Central Bank of Egypt on Thursday.

Business - Economy
12/24/2023 5:27:46 PM
Egypt’s rice production can cover local consumption needs for nine months, Ragab Shehata, head of the Rice Division at the Federation of Egyptian Chambers of Commerce, said on Saturday.

Business - Economy
12/23/2023 6:43:27 PM
Global central banks’ reserves of US dollars declined to 59.2 percent during the third quarter of 2023 from 59.4 percent the previous quarter, the lowest figure since Q4 of 2022, according to the latest data released by the International Monetary Fund (IMF).

Business - Economy
12/20/2023 7:00:00 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is scheduled to convene on Thursday in its final meeting for 2023 amid mixed expectations of either raising or maintaining the current key interest rates.

Business - Economy
12/20/2023 1:52:10 PM
The attack against ships in the Red Sea and speculation regarding potential interest rate cuts by the Federal Reserve pushed oil prices higher after reaching the lowest level in six months, according to Kamco Invest’s Oil Market Monthly Report released on Wednesday.

Business - Economy
12/19/2023 4:56:20 PM
Global gold mining company Centamin has raised its estimates of gold reserves in Egypt's largest producing mine by 10 percent from 5.3 million to 5.8 million ounces. according to the company’s annual update on Tuesday.

Business - Economy
12/12/2023 4:39:19 PM
Egypt’s strategic sugar reserves can cover local consumption needs for nearly 7.8 months, Minister of Supply and Internal Trade Ali Moselhi revealed in a press conference on Tuesday.

Business - Economy
12/7/2023 1:57:25 PM
The international reserves at the Central Bank of Egypt (CBE) inched up by $71 million to record $35.17 billion in November, according to CBE data on Thursday.

Business - Economy
11/13/2023 1:42:42 PM
Kuwait has prolonged the tenor of a $4 billion deposit at the Central Bank of Egypt (CBE) to support the country’s international reserves, according to data released by the bank.

Business - Economy
11/6/2023 7:53:19 PM
Egypt received 1.3 million tourists from 80 countries in October -- an 8 percent increase from October 2022 -- despite the geopolitical tensions, said Minister of Tourism Ahmed Essa.

Business - Economy
11/5/2023 5:36:57 PM
The Central Bank of Egypt (CBE) revealed a slight uptick in international reserves, climbing to $35.1 billion in October from $34.97 billion in September, according to data released on Sunday.

Business - Economy
10/29/2023 6:21:15 PM
The gold holdings of the Central Bank of Egypt (CBE) declined by 2.8 percent to EGP 235.64 billion ($7.64 billion) in September from EGP 242.42 billion ($7.86 billion) in August, according to the monthly balance sheet released on Sunday.

Business - Economy
10/16/2023 3:32:21 PM
Egypt’s Ministry of Supply and Internal Trade announced it has purchased 250,000 tons of rice to support Egypt’s strategic rice reserves for six months, read a ministry statement on Sunday.

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