#Foreign Assets

Egypt’s net foreign assets positive for third straight month in July

Egypt’s net foreign assets positive for third straight month in July

The North African country has been using its net foreign assets to help prop up its currency since at least September 2021

UAE central bank’s foreign assets up 2% in February

UAE central bank’s foreign assets up Dhs203bn in February 2024

The increase in foreign asset volume is attributed to the rise in current account balances and deposits with banks abroad

Saudi Arabia’s net foreign assets rose in June

The price of Brent crude averaged over $73 a barrel in June