Cairo, Asharq Al-Awsat—Kuwaiti officials announced an aid package to Egypt worth USD 4 billion yesterday, bringing up the total aid pledges secured so far to USD 12 billion following pledges from Saudi Arabia and the United Arab Emirates. The Kuwaiti aid package...
Cairo, Asharq Al-Awsat—Egypt’s foreign currency reserves rose by USD 1.6 billion by the end of May, reaching USD 16.039 billion from USD 14.426 billion last April, the Central Bank of Egypt (CBE) has announced. The USD 3 billion deposited in the CBE last month by...
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