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Egypt
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Politics
5/2/2021 2:05:08 PM
The Wadi Degla Protectorate in Cairo and other protectorates in Fayoum are included in the decision
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Business
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Economy
4/26/2021 3:21:14 PM
The proceeds of this kind of auctions are used to replenish Egypt’s net international reserves (NIRs)
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Egypt
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Politics
4/5/2021 11:08:52 AM
Minister Ali Moselhi added that 'Egypt is looking to procure 4 million tonnes of local wheat from farmers this season'
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Business
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Economy
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
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Business
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Economy
3/24/2021 4:11:18 PM
A formal proposal will be presented to the IMF’s executive board by June to consider a new allocation of $650 billion, based on an assessment of IMF member countries’ long-term global reserve needs
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Business
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Economy
3/15/2021 1:01:38 PM
Egypt’s net international reserves rose for the ninth month in a row to reach $40.2 billion by end of February, up from $40.1 billion in January, according to the CBE
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World
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Africa
3/14/2021 8:22:00 PM
Last month, Sudan devalued its currency as part of an IMF-monitored programme and is seeking foreign financing to help it build up foreign reserves
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Sports
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World
3/14/2021 12:14:31 AM
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World
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Region
3/9/2021 6:36:05 PM
Israel and Cyprus have reached an understanding over gas reserves straddling their maritime border, the Cypriot energy minister said, in a key step towards resolving a nine-year impasse over offshore spoils
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Business
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Economy
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
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World
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International
2/22/2021 4:13:24 PM
President Tayyip Erdogan on Monday defended a policy that oversaw a steep drop in FX reserves under former finance minister Berat Albayrak, his son-in-law, saying it helped Turkey to ride out pandemic-related shocks
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Business
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Economy
2/21/2021 10:23:17 PM
The ministers reaffirmed their support for the establishment of a coherent and strong energy infrastructure in the East Mediterranean to maximise the region's natural gas resources and reserves
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Egypt
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Politics
2/16/2021 8:45:40 PM
The cold wave spiraling in Egypt is given the name 'Cyprus Tropical Depression', which is one of the major tropical depressions to hit the Mediterranean Sea from November till the end of March
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Business
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Economy
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
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World
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Region
1/1/2021 4:50:18 PM
The government plans to finance 73 percent of the deficit through borrowing on local and international markets, and the rest from state reserves
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World
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Region
12/29/2020 9:33:48 PM
In an interview with Reuters, Hassan Diab also said Western officials had told him there was 'an international decision' not to help Lebanon because of Iran-backed Hezbollah’s role the country
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Business
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Economy
12/2/2020 12:26:15 PM
Positive news on coronavirus vaccines and the fading of uncertainty regarding the US elections helped global markets performance in late November
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Business
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Economy
10/7/2020 3:45:47 PM
The foreign reserves had witnessed a significant decline since March when it stood at $45 billion due to coronavirus economic repercussions
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Al-Ahram Weekly
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Features
10/3/2020 2:00:12 PM
A pioneering campaign to protect Egypt’s nature reserves while promoting sustainable ecotourism was launched in Sinai last week
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Egypt
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Politics
9/26/2020 12:15:07 PM
The first phase of the three-year campaign focuses on promoting 13 nature reserves
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