Central Bank of Egypt sells $1.3bn in its first exceptional auction
CBE set to hold an exceptional dollar auction of $1.3bn on Wednesday…
Foreign currency reserves surge to $18.9bn in July
The current foreign reserves, necessary to import staples, primarily wheat, registered $14.9bn…
UAE launches “Egypt in Our Heart” campaign
The campaign is supported by Egyptian and Emirati Red Crescent societies and…
PM discusses economic challenges
El-Beblawi also expressed his concerns over the country’s fuel supply situation.
UAE delegation visits Egypt in days to discuss aid terms
An Egyptian delegation from the Ministry of Petroleum and Mineral Resources presented…
Following Morsi’s ouster, Qatar’s support to Egypt in question
Sherif Sami, a member of the General Authority of Investments, stated that…
Analysts debate conversion of gulf lifelines to bonds
Meanwhile, former finance minister Momtaz El Saeed said that a conversion is…