{"id":594230,"date":"2019-10-23T04:10:38","date_gmt":"2019-10-23T04:10:38","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/saudi-arabia-renews-usd-5-6-bn-deposits-in-egypt\/"},"modified":"2019-10-23T04:10:38","modified_gmt":"2019-10-23T04:10:38","slug":"saudi-arabia-renews-usd-5-6-bn-deposits-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/saudi-arabia-renews-usd-5-6-bn-deposits-in-egypt\/","title":{"rendered":"Saudi Arabia renews USD 5-6 bn deposits in Egypt"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <b>Saudi Arabia renewed USD 5-6 bn of its deposits at CBE<\/b>, <a href=\"https:\/\/almalnews.com\/%d8%a7%d9%84%d8%a8%d9%86%d9%83-%d8%a7%d9%84%d9%85%d8%b1%d9%83%d8%b2%d9%8a-%d9%8a%d8%aa%d9%81%d9%82-%d8%b9%d9%84%d9%89-%d8%aa%d8%ac%d8%af%d9%8a%d8%af-%d9%88%d8%af%d8%a7%d8%a6%d8%b9-%d8%b3%d8%b9%d9%88\/\">Al Mal reported<\/a>. The central bank signed an agreement with the Saudi Fund for Development (SFD) to extend the maturity of Saudi deposits held by the CBE up to 2022 on the sidelines of the annual meetings of the IMF in Washington. The kingdom's total deposits in Egypt amounted to USD 7.5 bn as of the end of last year and Egypt was poised to pay USD 5.2 bn during the second half of 2019, <a href=\"https:\/\/www.cbe.org.eg\/_layouts\/download.aspx?SourceUrl=%2Fen%2FEconomicResearch%2FPublications%2FExternalPositionDL%2Fexternal%2064.pdf\">according to CBE's external positions report (pdf)<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Arabia renewed USD 5-6 bn of its deposits at CBE, Al Mal reported. The central bank signed an agreement with the Saudi Fund for Development (SFD) to extend the maturity of Saudi deposits held by the CBE up to 2022 on the sidelines of the annual meetings of the IMF in Washington. The kingdom's [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,219,3893,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-594230","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-saudi-arabia","tag-saudi-fund-for-development","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"457cac3a-73e3-4973-8de4-072c010febca","is_powered_by":true,"section_story_id":"7377107f-5259-4a8e-b393-6c78eb5e7488","story_type":"1","photo_url":"","photo_position":"above","related_issue":[594217],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Saudi Arabia renews USD 5-6 bn deposits in Egypt - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/saudi-arabia-renews-usd-5-6-bn-deposits-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi Arabia renews USD 5-6 bn deposits in Egypt\" \/>\n<meta property=\"og:description\" content=\"Saudi Arabia renewed USD 5-6 bn of its deposits at CBE, Al Mal reported. The central bank signed an agreement with the Saudi Fund for Development (SFD) to extend the maturity of Saudi deposits held by the CBE up to 2022 on the sidelines of the annual meetings of the IMF in Washington. The kingdom&#039;s [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/saudi-arabia-renews-usd-5-6-bn-deposits-in-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-23T04:10:38+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/saudi-arabia-renews-usd-5-6-bn-deposits-in-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/saudi-arabia-renews-usd-5-6-bn-deposits-in-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Saudi Arabia renews USD 5-6 bn deposits in Egypt\",\"datePublished\":\"2019-10-23T04:10:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/saudi-arabia-renews-usd-5-6-bn-deposits-in-egypt\/\"},\"wordCount\":100,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Saudi Arabia\",\"Saudi Fund for Development\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/saudi-arabia-renews-usd-5-6-bn-deposits-in-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/saudi-arabia-renews-usd-5-6-bn-deposits-in-egypt\/\",\"name\":\"Saudi Arabia renews USD 5-6 bn deposits in Egypt - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2019-10-23T04:10:38+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/saudi-arabia-renews-usd-5-6-bn-deposits-in-egypt\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/saudi-arabia-renews-usd-5-6-bn-deposits-in-egypt\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/saudi-arabia-renews-usd-5-6-bn-deposits-in-egypt\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Saudi Arabia renews USD 5-6 bn deposits in Egypt\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Saudi Arabia renews USD 5-6 bn deposits in Egypt - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/saudi-arabia-renews-usd-5-6-bn-deposits-in-egypt\/","og_locale":"en_US","og_type":"article","og_title":"Saudi Arabia renews USD 5-6 bn deposits in Egypt","og_description":"Saudi Arabia renewed USD 5-6 bn of its deposits at CBE, Al Mal reported. 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The kingdom deposited the new funds at the Central Bank of Egypt and has extended the maturity of USD 2.3 bn worth of existing deposits, the\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/268.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577642,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/ksa-rolls-over-its-usd-5-bn-cbe-deposit\/","url_meta":{"origin":594230,"position":1},"title":"KSA rolls over its USD 5 bn CBE deposit","author":"enterpriseam admin","date":"30 November 2022","format":false,"excerpt":"Saudi Arabia is extending by one year its USD 5 bn deposit at the Central Bank of Egypt (CBE), state-run Saudi Press Agency reports. The kingdom made the deposit in March. The sum forms part of over USD 22 bn pledged in investments and deposits by our GCC neighbors to\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/498.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":636602,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/saudi-arabia-to-use-cbe-deposits-to-fuel-egypt-investments\/","url_meta":{"origin":594230,"position":2},"title":"Saudi Arabia to use CBE deposits to fuel Egypt investments","author":"enterpriseam admin","date":"4 August 2024","format":false,"excerpt":"Saudi Arabia sees Egypt \u201cas a promising market and important export platform for the countries of the region\u201d","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/164.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":665817,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/25\/saudi-deposits-could-be-converted-into-new-investments-in-real-estate-among-other-sectors\/","url_meta":{"origin":594230,"position":3},"title":"Saudi deposits could be converted into new investments in real estate among other sectors","author":"enterpriseam admin","date":"25 May 2025","format":false,"excerpt":"Several agreements are currently under review and are expected to significantly boost FDI","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1988.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":590019,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/12\/ksa-deposits-usd-2-bn-at-pakistans-central-bank-ahead-of-imf-bailout\/","url_meta":{"origin":594230,"position":4},"title":"KSA deposits USD 2 bn at Pakistan\u2019s central bank ahead of IMF bailout","author":"enterpriseam admin","date":"12 July 2023","format":false,"excerpt":"The IMF\u2019s executive board is expected to sign off on Pakistan\u2019s USD 3 bn loan today","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/449.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545019,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/31\/saudi-arabia-pledges-usd-15-bn-to-support-egypt-through-ukraine-crisis\/","url_meta":{"origin":594230,"position":5},"title":"Saudi Arabia pledges USD 15 bn to support Egypt through Ukraine crisis","author":"enterpriseam admin","date":"31 March 2022","format":false,"excerpt":"Saudi Arabia has deposited USD 5 bn with the Central Bank of Egypt (CBE), state-run Saudi Press Agency reported yesterday, as our Gulf neighbors move to help shore up our finances amid global fallout from Russia\u2019s war in Ukraine. The deposit has a one-year maturity and could be rolled over,\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/710.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/594230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=594230"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/594230\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/594217"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=594230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=594230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=594230"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=594230"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=594230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}