Balance of Payment | Egypt Oil & Gas

Oil Trade Balance Achieves Surplus of $4.4B in FY 2021/22

The Central Bank of Egypt (CBE) announced that the oil trade balance achieved a surplus of $4.4 billion during fiscal year (FY) 2021/22, compared to a deficit of $6.7 million during FY 2020/21.

Oil Sector Doubles Net FDI during July/March FY 2017/18

More than half of Egypt’s net foreign direct investment (FDI) during the first nine months of FY 2017/18 was invested in the oil sector.

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