The recent pledges for financial support by Saudi Arabia and China to Egypt are credit positive for …
reserves
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Financial Institutions
IMF’s yuan inclusion signals less risk taking in China
by Noha Gadby Noha GadWhen the International Monetary Fund agrees on Monday to add the Chinese yuan to its reserves basket …
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Egypt’s foreign currency reserves inched up to $16.415 billion in October from $16.335 billion the previous month, …
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China’s yuan fell at the open on Tuesday after official data the previous day showed that China’s …
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forex news
China FX reserves fall record $93.9 billion in Aug as central bank supports yuan
by Noha Gadby Noha GadChina’s foreign exchange reserves, the world’s largest, shrank by $93.9 billion in August, the biggest monthly fall …
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Egypt’s Suez Canal revenues declined four percent in June to 431.6 million Egyptian pounds (US$55.1 million) compared …
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Egypt’s foreign currency reserves climbed to US$20.079 billion in June 2015, up 2.7 percent from US$19.559 billion …
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Egypt’s external debt reached $39.58 billion, or 12.5 percent of GDP, in the third quarter of the …
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Egypt’s international foreign reserves jumped to $20.5bn at the end of April 2015, compared to $15.29bn the …
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Real Estate
Amer Group’s Board Approves capital Hike to EGP1.4 billion
by Yomna Yasserby Yomna YasserEgyptian real estate company Amer Group’s board of directors approved on Monday increasing the issued capital to …