Sign inSubscribe

Search Site

VideosInforgraphics
Sign inSubscribe

Economy

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.

IHC Q1 net profit $2.17bn

The company launches Share Buyback Programme

Amazon triples quarterly profit

The company's cloud, ads, and retail businesses thrive.

McDonald’s profits up 7%

The quarterly profits increased despite weak Middle East sales.

ADQ buys stake in Plenary Group

The deal is aimed at expanding public and social infrastructure.

Egypt’s foreign reserves leap up to $40.67bn in July

By TRENDS Desk
September 6, 2021 9:54 pm
  • Egypt's net foreign reserves have risen to $40.672 billion in August from $40.609 billion in July
  • Foreign reserves have been rising since June 2020, after dropping to around $36 billion

Egypt’s net foreign reserves have risen to $40.672 billion in August from $40.609 billion in July, the central bank said on Monday.

Foreign reserves have been rising since June 2020, after dropping to around $36 billion from more than $45.5 billion due to the impact of the coronavirus pandemic.

Most Read