Cairo – Mubasher: Egypt's foreign reserves rose to $44.112 billion at the end of March, data by the Central Bank of Egypt (CBE) showed.

It is worth noting that the North African country’s net foreign reserves reached $44.06 billion last February, versus $42.61 billion in January.

Egyptian finance minister Mohamed Maait had announced that Egypt received the fifth tranche worth $2 billion of the International Monetary Fund’s (IMF) $12 billion loan.

The IMF would conduct the final review of Egypt’s three-year, $12 billion loan programme next June.

Prior to the 25th January revolution in 2011, Egypt’s foreign reserves amounted to around $36 billion.