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

• Sunday, 9th October 2022
• by Fatma Ahmed

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. According to the balanc...

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

• Monday, 2nd July 2018
• by Editorial Team

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, the Central Bank of Egypt announced in a statement. Net FDI recorded $6 billion ...