CBE: banks could secure $21bn to fund foreign trade since flotation of pound
The Central Bank of Egypt
Cairo - MENA
Banks have been able to secure some 21 billion dollars to fund foreign trade operations since a decision to float the Egyptian pound was made on November 3, the Central Bank of Egypt (CBE) said Wednesday.
The CBE, in a statement Wednesday, said banks operating in Egypt had been notified to inform the CBE before providing any government bodies with foreign currencies.
The CBE has no account on facebook, the statement said, stressing any news posted on social networking sites has nothing to do with the CBE.
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London - DPA
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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