Egypt’s FX Reserves Dropped to $15.5b in July

• Wednesday, 10th August 2016
• by Egypt Oil & Gas

Egypt’s foreign-currency reserves dropped by 11% in July and net international reserves reached $15.5b, after authorities repaid about b in debt. This is the biggest drop in FX reserves that Egypt has faced in 16 year...

Tuk Tuks and Motorcycles to Be Included in Smart Card System

• Monday, 21st September 2015
• by Egypt Oil & Gas

In a statement made to Egypt Oil & Gas (EOG), Khaled Abdul Ghani, Director of the Smart Card system, said that statistics are being compiled for or those eligible to receive subsidies within the smart cards system...