Net Foreign Reserves Rise

Giving More to Your Wealth
07 Jul 2021

The CBE (Central Bank of Egypt) announced that Egypt’s net foreign reserves increased by USD116mn during June 2021 to sit at USD40.6bn. After dropping significantly with the onset of the Covid pandemic due to its adverse effect on the economy, foreign reserves have been rising since June 2020. (Source: CBE (English) (Arabic), Reuters (English), Amwal al-Ghad (English), Egypt Today (English), al-Maal, Mubasher, Arab Finance, Hapi Journal)

An opportunity to make a difference!

Why join Acumen?

Our number one focus in Acumen is our performance and our greatest asset is our people. We look for a team that is self-motivated, appreciates challenge and innovative. We tend to always pick the right person in the right position.

apply now