Ahmed Heider

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Finance news

CBE: Egypt's Foreign Reserves Rises to $35.173 Billion

Egypt imports the equivalent of an average of $7 billion a month in goods and products from abroad, with an annual total estimated at more than $70bn.

Inflation in Egypt expected to decrease in 2024 due to Egyptian pound movement: report

The exchange rate of the Egyptian currency will remain within the range of 31 pounds to the dollar at the beginning of next year.

Egypt's digital pound: 10 key facts you should know

As Egypt explores the possibility of introducing its digital pound, here are 10 essential facts that readers need to know about this.

Egypt's net int'l reserves record $35.173B in November: CBE

In October, Egypt's NIR also witnessed a growth, to reach $35.1 billion compared to $34.97 billion in September, as reported by the CBE.

Egypt in discussions with IMF for additional funding

The IMF is currently discussing with Egyptian authorities providing additional financing to ensure the successful implementation of the policy package

Finance Events

Seamless North Africa 02.07.2024

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