Egypt foreign reserves down by nearly $1bn in May
Central Bank of Egypt
Cairo - MENA
The Central Bank of Egypt (CBE) said Sunday the country's foreign currency reserves were down $965 million in May.
Forex reserves hit $19.559 billion at the end of May against $20.525 billion in April and $15.3 billion in March, the CBE said in a press statement.
Egypt's net foreign reserves have plunged more than half the volume since the 2011 revolution, which scared off tourists and investors – both considered main sources of foreign currency for Egypt. In January 2011, Egypt's net reserves stood at some $36 billion.
GMT 00:37 2018 Wednesday ,24 January
Bitcoin slumps below $10,000GMT 22:49 2018 Tuesday ,23 January
Sharjah apartment rents see steep decline in 2017GMT 19:15 2018 Tuesday ,23 January
Emirati fined Dh2.2m for embezzling public fundsGMT 22:27 2018 Monday ,22 January
Jafza bridge benefits trade, logistics supply chainGMT 22:21 2018 Monday ,22 January
Damac chairman to speak on digital skillsGMT 10:55 2018 Monday ,22 January
Bahrain-Indian economic ties discussedGMT 22:42 2018 Saturday ,20 January
'Massive' infrastructure spending needed in AfricaGMT 12:49 2018 Tuesday ,16 January
Tabarak Buys Majority Stake in a Private Company
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:21 2016 Wednesday ,23 March
cartoon eleven
GMT 10:18 2016 Wednesday ,23 March
cartoon eight
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 09:58 2016 Wednesday ,23 March
cartoon four
GMT 05:14 2024 Wednesday ,07 February
Sophisticated Classic Dining Room Design Ideas
GMT 05:17 2024 Wednesday ,07 February
Amazon to open first cashierless shop
GMT 05:04 2024 Tuesday ,06 February
Skincare PR Performance Full Year 2017
GMT 05:16 2017 Wednesday ,15 February
US wholesale inflation sees biggest monthly gain in 4 years
GMT 17:53 2016 Saturday ,29 October
Yemeni troops liberate Beit Alhan village in Sanaa
GMT 02:13 2017 Wednesday ,25 January
Argentina’s Fernandez says Britain’s Cameron ‘almost ill-mannered’
GMT 12:30 2016 Thursday ,25 August
'Queen of Knitwear' Sonia Rykiel dies aged 86
GMT 11:32 2018 Tuesday ,23 January
8.2 magnitude quake hits off Alaska: USGS
GMT 12:08 2017 Monday ,16 January
Oman 'temporary home' to 10 detainees released from GuantanamoGMT 15:08 2011 Tuesday ,06 December
Women\'s health seriously affected by smoking
GMT 18:09 2017 Tuesday ,31 October
Army attacks Saudi-paid mercenaries in Jawf
GMT 10:32 2017 Wednesday ,08 March
The big Paris fashion week trends
GMT 12:50 2017 Monday ,25 September
Top Palestinian negotiator awaiting lung transplant in US
GMT 12:49 2015 Tuesday ,07 July
Cut '8 days of military spending' for universal education
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor