{"id":618899,"date":"2024-04-22T00:00:00","date_gmt":"2024-04-22T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/"},"modified":"2024-04-22T00:00:00","modified_gmt":"2024-04-22T00:00:00","slug":"central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/","title":{"rendered":"Central bank\u2019s net foreign asset deficit falls to lowest level in over two years"},"content":{"rendered":"

A steep drop in the central bank\u2019s net foreign asset deficit dominated talk shows last<\/strong> night<\/strong>, but the nation\u2019s talking heads also found the time to look into why natural gas production at the much hyped Zohr field has been declining.<\/p>\n

The deficit in net foreign assets at the Central Bank of Egypt in March shrank to its <\/strong>lowest levels in over two years<\/strong>, <\/strong>Lamees El Hadidi reported on Kelma Akhira, citing a statement issued by the CBE yesterday (watch, runtime: 4:32<\/a>). The net foreign assets deficit narrowed to EGP 65.4 bn at the end of March, from EGP 270.7 bn in February, El Hadidi explained \u2014 which comes out as a 76% drop by our math.<\/p>\n

In USD terms<\/strong>, the drop is larger still, with the net foreign asset deficit coming in 84% smaller on the month before when taking into account the new post-float exchange rate.<\/p>\n

\u201cThe decrease is down to two main reasons.<\/strong> Firstly, Egypt\u2019s foreign exchange reserves rose<\/a>by USD 5 bn<\/a> at the end of last month, reaching USD 40 bn,\u201d El Hadidi explained. \u201cSecondly, a part of the UAE\u2019s deposits with the central bank, worth USD 10 bn, have gone into investments under the agreement to develop the Ras El Hekma<\/a> area, reducing the pressure on the central bank\u2019s debt obligations.\u201d Lubna Asal was also on the lookout for answers and called up Al Habtoor Research Centre Senior Economist Mohamed Shadi on El Hayah El Yom to find out more (watch, runtime: 3:54<\/a>).<\/p>\n

We\u2019re yet to get the full picture:<\/strong> The CBE has not yet issued data on net foreign assets for the month of March for the banking sector as a whole and so we\u2019re still in the dark on how commercial banks\u2019 net foreign asset position fared in the month.<\/p>\n

ALSO- There\u2019s hope for Zohr yet: <\/strong>As the Zohr gas field suffers from a decreasing output, new wells are being drilled in the area with the aim of ramping up production rates, Petroleum Ministry spokesman Hamdi Abdel Aziz said on Kelma Akhira (watch, runtime: 10:21<\/a>) and Masaa DMC (watch, runtime: 4:40<\/a>). <\/p>\n","protected":false},"excerpt":{"rendered":"

A steep drop in the central bank\u2019s net foreign asset deficit dominated talk shows last night, but the nation\u2019s talking heads also found the time to look into why natural gas production at the much hyped Zohr field has been declining. The deficit in net foreign assets at the Central Bank of Egypt in March […]<\/p>\n","protected":false},"author":1,"featured_media":618900,"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":[7232],"tags":[271,104,72,655,106,7388],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-618899","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-last-nights-talk-shows","tag-central-bank-of-egypt","tag-economy","tag-enterpriseam","tag-foreign-reserves","tag-last-nights-talk-shows","tag-ras-el-hekma","wpautop","entry"],"acf":{"mongo_id":"2365d672-f056-4e1c-ac4b-387b8e24faf9","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/4\/1506.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Central bank\u2019s net foreign asset deficit falls to lowest level in over two years","related_issue":[618884],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/4\/.518fdf15-d8e7-40fc-8f19-9c2ad80b15b3.mp3"},"yoast_head":"\nCentral bank\u2019s net foreign asset deficit falls to lowest level in over two years - 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\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Central bank\u2019s net foreign asset deficit falls to lowest level in over two years\" \/>\n<meta property=\"og:description\" content=\"A steep drop in the central bank\u2019s net foreign asset deficit dominated talk shows last night, but the nation\u2019s talking heads also found the time to look into why natural gas production at the much hyped Zohr field has been declining. The deficit in net foreign assets at the Central Bank of Egypt in March […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-22T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1506.jpg?fit=%2C&ssl=1\" \/>\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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Central bank\u2019s net foreign asset deficit falls to lowest level in over two years\",\"datePublished\":\"2024-04-22T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/\"},\"wordCount\":362,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1506.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Central Bank of Egypt\",\"economy\",\"EnterpriseAM\",\"foreign reserves\",\"LAST NIGHT\u2019S TALK SHOWS\",\"Ras El Hekma\"],\"articleSection\":[\"LAST NIGHT\u2019S TALK SHOWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/\",\"name\":\"Central bank\u2019s net foreign asset deficit falls to lowest level in over two years - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1506.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-04-22T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1506.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1506.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Central bank\u2019s net foreign asset deficit falls to lowest level in over two years\"}]},{\"@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":"Central bank\u2019s net foreign asset deficit falls to lowest level in over two years - 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\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/","og_locale":"en_US","og_type":"article","og_title":"Central bank\u2019s net foreign asset deficit falls to lowest level in over two years","og_description":"A steep drop in the central bank\u2019s net foreign asset deficit dominated talk shows last night, but the nation\u2019s talking heads also found the time to look into why natural gas production at the much hyped Zohr field has been declining. The deficit in net foreign assets at the Central Bank of Egypt in March […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-04-22T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1506.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Central bank\u2019s net foreign asset deficit falls to lowest level in over two years","datePublished":"2024-04-22T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/"},"wordCount":362,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1506.jpg?fit=%2C&ssl=1","keywords":["Central Bank of Egypt","economy","EnterpriseAM","foreign reserves","LAST NIGHT\u2019S TALK SHOWS","Ras El Hekma"],"articleSection":["LAST NIGHT\u2019S TALK SHOWS"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/","name":"Central bank\u2019s net foreign asset deficit falls to lowest level in over two years - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1506.jpg?fit=%2C&ssl=1","datePublished":"2024-04-22T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1506.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1506.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/22\/central-banks-net-foreign-asset-deficit-falls-to-lowest-level-in-over-two-years\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Central bank\u2019s net foreign asset deficit falls to lowest level in over two years"}]},{"@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\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1506.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1506.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1506.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":619461,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/02\/egypts-net-foreign-asset-deficit-narrows-in-march-following-rise-in-fx-reserves\/","url_meta":{"origin":618899,"position":0},"title":"Egypt\u2019s net foreign asset deficit narrows in March following rise in FX reserves","author":"enterpriseam admin","date":"2 May 2024","format":false,"excerpt":"The CBE\u2019s net foreign asset deficit narrowed to its lowest levels in over two years","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/144.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":621156,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/02\/egypts-net-foreign-asset-deficit-continues-to-narrow-in-april-for-third-consecutive-month\/","url_meta":{"origin":618899,"position":1},"title":"Egypt\u2019s net foreign asset deficit continues to narrow in April for third consecutive month","author":"enterpriseam admin","date":"2 June 2024","format":false,"excerpt":"The net foreign asset deficit has narrowed 87% since reaching an all-time high of USD 29.0 bn in January","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/49.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":656191,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/01\/egypts-net-foreign-assets-fell-by-11-to-usd-9-2-bn-in-october\/","url_meta":{"origin":618899,"position":2},"title":"Egypt\u2019s net foreign assets fell by 11% to USD 9.2 bn in October","author":"enterpriseam admin","date":"1 December 2024","format":false,"excerpt":"Net foreign asset deficit in commercial banks deepened to USD 1.4 bn","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/539.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":626365,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/net-foreign-assets-record-their-first-surplus-in-over-two-years\/","url_meta":{"origin":618899,"position":3},"title":"Net foreign assets record their first surplus in over two years","author":"enterpriseam admin","date":"1 July 2024","format":false,"excerpt":"Egypt\u2019s net foreign asset position turned to a surplus on the back of FX inflows from the Ras El Hekma agreement","rel":"","context":"In "Banking"","block_context":{"text":"Banking","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/banking\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/4.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":640752,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/01\/egypts-net-foreign-asset-surplus-rises-to-usd-13-3-bn-in-july\/","url_meta":{"origin":618899,"position":4},"title":"Egypt\u2019s net foreign asset surplus rises to USD 13.3 bn in July","author":"enterpriseam admin","date":"1 September 2024","format":false,"excerpt":"This is the country\u2019s third month in the green after our net foreign assets shifted from deficit to surplus in May","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/2673.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":646910,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/03\/egypts-net-foreign-assets-surplus-shrinks-27-to-usd-9-7-bn-in-august\/","url_meta":{"origin":618899,"position":5},"title":"Egypt\u2019s net foreign assets surplus shrinks 27% to USD 9.7 bn in August","author":"enterpriseam admin","date":"3 October 2024","format":false,"excerpt":"Despite the drop, this marks Egypt's fourth straight month in the green","rel":"","context":"In "Banking"","block_context":{"text":"Banking","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/banking\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/267.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\/618899","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=618899"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/618899\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/618884"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/618900"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=618899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=618899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=618899"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=618899"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=618899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}