CBE: Foreign trade transactions hit $28bn since pound liberalization
The Central Bank of Egypt
Cairo - MENA
The Central Bank of Egypt (CBE) said on Sunday the volume of foreign trade transactions hit 28 billion dollars since the liberalization of Egyptian pound and till April 10.
The CBE floated the Egyptian pound on November 3.
In a statement, deputy governor of CBE Tarek Fayed said the figure covers nine-billion-dollar Documentary letters of credit and 19-billion-dollar collection operations.
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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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