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Business
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Economy
3/4/2025 6:40:37 PM
The Central Bank of Egypt (CBE) announced Tuesday that the country’s net international reserves (NIRs) climbed to $47.4 billion at the end of February, up from $47.26 billion in January.
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Business
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Energy
1/29/2025 2:43:02 PM
The Ministry of Petroleum and Mineral Resources announced Wednesday that pre-drilling estimates for the East Crystal-1 well in the Gulf of Suez indicate reserves of approximately 8 million barrels of crude oil.
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Business
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Energy
1/10/2025 4:05:51 PM
Britain's biggest gas supplier said Friday UK storage levels are "concerningly low" owing to high demand caused by freezing weather and after Ukraine ended Russian gas transit to Europe.
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Business
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Economy
1/7/2025 1:12:42 PM
The Central Bank of Egypt (CBE) announced Monday that the country's net international reserves (NIRs) rose by $157 million, reaching a historic high of $47.1 billion by the close of December 2024.
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Business
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Economy
12/8/2024 5:23:20 PM
The Central Bank of Egypt (CBE) announced Sunday that the country's net international reserves (NIRs) slightly increased from $46.94 billion in October to $46.95 billion by the end of November.
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Business
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Economy
11/6/2024 4:09:06 PM
Egypt's net international reserves (NIRs) increased to $46.9 billion by the end of October, up from $46.7 billion in September, according to data published by the Central Bank of Egypt (CBE) on Wednesday.
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Al-Ahram Weekly
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Opinion
10/22/2024 11:23:51 PM
While Egypt’s international reserves are on the rise, there is still a need for more stable sources of foreign currency, writes Gamal Wagdy
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Al-Ahram Weekly
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Egypt
9/18/2024 1:44:00 PM
As Egypt seeks to import more wheat to safeguard its strategic reserves, experts explain the economic forces governing the grain trade.
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Business
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Economy
9/5/2024 10:37:39 PM
Egypt's Net International Reserves (NIRs) rose to $46.597 billion at the end of August from $46.3 billion in June, the Central Bank of Egypt (CBE) said on Thursday.
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Business
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Economy
9/3/2024 4:37:48 PM
The International Monetary Fund (IMF) has projected a substantial increase in Egypt's gross international reserves.
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Al-Ahram Weekly
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Economy
8/29/2024 6:45:00 PM
Doaa A. Moneim reads through the International Monetary Fund’s report on the third review of Egypt’s economic reform programme.
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Egypt
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Politics
8/8/2024 7:39:43 PM
Prime Minster Mostafa Madbouly reassured citizens about the stability of the economic situation, noting that the economy has absorbed recent shocks and that Egypt has the financial and monetary resources to manage the situation with reserves covering eight months.
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Business
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Economy
7/10/2024 10:55:48 PM
BMI, a Fitch Solutions company, expected the Central Bank of Egypt (CBE) to keep its monetary tightening policy on hold, which means keeping the current key interest rates unchanged till the end of 2024 in response to the downturn path of the country’s inflation.
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Business
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Economy
7/7/2024 2:49:09 PM
Egypt's net international reserves (NIRs) rose to $46,3 billion at the end of June, the highest level since the COVID-19 pandemic outbreak in March 2020, up from $46.1 posted a month earlier, the Central Bank of Egypt (CBE) announced on Sunday.
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Business
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Economy
6/26/2024 6:19:22 PM
State-owned Misr Fertilizers Production Company (MOPCO) said on Tuesday it has suspended operations at its three plants citing pressure on its gas network’s reserves.
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World
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International
6/13/2024 11:43:33 AM
China said Thursday it "reserves the right" to file a suit with the World Trade Organization over planned new EU tariffs on imports of its electric vehicles.
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Sports
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World
6/8/2024 12:55:39 PM
UEFA’s two-step financial plan to refill its pandemic-hit cash reserves starts with a men’s 2024 European Championship held in the home of the continent’s largest economy.
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Business
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Economy
6/4/2024 3:33:48 PM
Egypt’s net international reserves (NIRs) hit its highest point in more than four years (50 months) to reach $46.1 billion in May, up from $41 billion in April, the Central Bank of Egypt revealed on Tuesday.
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Business
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Economy
5/8/2024 2:32:04 PM
Egypt’s net international reserves (NIRs) surged at the end of April to its highest level in four years to post $41 billion, up from $40.4 at the end of March, the Central Bank of Egypt (CBE) reported on Tuesday.
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Business
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Economy
4/23/2024 7:42:34 PM
Prime Minister Mostafa Madbouly affirmed on Tuesday that the banking system stands fully ready to secure the foreign currency necessary to increase the strategic reserves of essential commodities.
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