CBE hits record of $1.1bn garnered in 2 days
The Central Bank of Egypt
Cairo - MENA
The Central Bank of Egypt (CBE) hits a record of 1.1 billion dollars garnered in two days from investment funds and regional and international financial institutions, a well-placed CBE source said.
The boost reflects foreign investors' confidence in the Egyptian economy and the economic reform measures adopted by Egypt, topped by liberalizing the exchange rate in November 2016, the source said in statements to MENA on Wednesday.
The source added that the reform measures contributed to upping the hard currency flow into Egypt.
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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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