Cairo, Asharq Al-Awsat—Mounir Fakhry Abdel Nour is one the 20 ministers who survived Egypt’s cabinet reshuffle in March, which saw Hazem El-Beblawi replaced by Ibrahim Mahlab as premier. As Egypt’s Minister for Trade, Industry and Investment, he has a tough job on his...
Cairo, AP—Egypt’s central bank says the country’s foreign reserves stood at USD 18.8 billion at the end of July, a jump of nearly USD 4 billion from the previous month. The bank did not provide details on the influx of cash, but the sharp rise comes after...
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