February 6, 2023
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Homereserves

reserves

Egypt Latest News

Egypt accused of ‘faking’ $42bn in foreign currency reserves

March 6, 2018 MEO Staff

Economist Sameh Abu Arayes says loans make up large chunk of purported $42bn of foreign reserves in Egypt Egyptian economics expert Sameh Abu Arayes said on Monday that a claim by the Egyptian Central Bank [ More … ]

Algeria

Algeria’s foreign exchange reserves still above US$ 100 billion

April 14, 2017 MEO Staff

Algeria’s foreign exchange reserves still exceed US$ 100 billion, announced Wednesday the Governor of the Bank of Algiers Mohamed Loukal. Since late February 2017 and until now, foreign exchange reserves exceed US$ 100 billion, affirmed [ More … ]

Column

Reality of Egypt’s Foreign Exchange Reserve under the Military Coup

October 28, 2016 MEO Staff

BY: Abdel-Hafez Al-Sawi* The Foreign exchange reserve in any country has a specific function, namely, to face the fluctuations in the state’s trading with world countries, and to secure its needs so that its economic [ More … ]

Egypt Latest News

Black Market Flourishes Despite the Authorities’ Strict Measures

August 31, 2016 Ahmed Rashed

As the Egyptian economy struggles, small and big businessmen will turn to underground traders to fulfill the hard currency shortage and their foreign exchange needs, as reported by Wall Street Journal. The Wall Street Journal [ More … ]

Egypt Latest News

Egypt’s Finance Minister and The Governor Of The CBE In US For A Round Of IMF Talks

August 27, 2016 Ahmed Rashed

The Finance Minister Amr El Garhy and the Governor of the Central Bank of Egypt (CBE)Tarek Amer are currently in Washington, DC, for a round of talks with senior executives of the IMF on the [ More … ]

Latest

Egypt: Leaks on a 99-year Suez Canal concession deal with an Israeli company

Egypt Latest News
February 5, 2023

Sudan and Israel agree to enhance ‘normalization’ of relations between them

Egypt Latest News
February 3, 2023

Egypt: ‘IMF bailout highlights risks of austerity and corruption’, rights report

Egypt Latest News
February 2, 2023

Egypt: Due to negligence, prisoner dies in police station despite ending 2 years on remand

Egypt Latest News
February 1, 2023

Blinken: U.S. to keep pressing Egypt on human rights

Egypt Latest News
January 31, 2023
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