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Egypt’s foreign reserves slip again in May, but at a slower pace
Foreign reserves slipped again in May, but at a slower pace: Foreign reserves edged down USD 1 bn to USD…
What we’re tracking on 2 June 2020
We don’t remember the last time we were this happy it was “hump day,” as we around here think of…
Egypt’s fresh IMF support packages will help boost investor confidence, portfolio inflows -Fitch
Fresh funding from the IMF will help boost investor confidence in Egypt as portfolio outflows from emerging markets begin to…
Last Night’s Talk Shows for 13 May 2020
‘Ala Mas’ouleety host Ahmed Moussa had the floor to himself last night, airing interviews with central bank deputy governor Ramy…
IMF greenlights USD 2.8 bn in pandemic aid to Egypt
IMF greenlights USD 2.8 bn in pandemic aid to Egypt: The International Monetary Fund’s executive board signed off yesterday on…
Foreign reserves fall for second consecutive month in April
Foreign reserves fell in April for the second consecutive month as the central bank honored repatriation requests from foreign investors,…
Emerging markets: Which are most at risk?
Emerging markets: Which are most at risk? As the emerging world begins to stabilize after weeks of turbulence, this Economist…
Egyptian banks’ net foreign assets nearly halved in March amid covid-19 sell-off
“Egypt’s commercial banks provided USD to investors in March, helping keep the EGP stable during a bond selloff” in a…
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