Egypt's central bank continues to take firm action against exchange offices
The Central Bank of Egypt
Cairo - MENA
The Central Bank of Egypt issued on Sunday decisive decisions against foreign exchange offices that violated the banking system and manipulated the money market.
A CBE source told MENA that the central bank revoked the license of Print Exchange Office over its continued monetary violations that seriously affect national economy, bringing to 24 the number of offices that got their licenses nullified.
The bank's decisions also include a one-year suspension against four exchange offices and a six-month suspension against two others.
So far, the bank has suspended 16 foreign offices accused of speculating on the prices of foreign currencies.
GMT 20:00 2017 Saturday ,11 March
CBE: banks could secure $21bn to fund foreign trade since flotation of poundGMT 23:45 2017 Friday ,10 March
Egypt's foreign trade worth $21 billion since currency flotation: CBEGMT 04:36 2017 Saturday ,04 March
Egypt's foreign reserves rise to $26.5 mln in February: CBEGMT 03:16 2017 Tuesday ,28 February
Egypt central bank leaves key interest rates unchangedGMT 01:41 2017 Friday ,06 January
CBE: Foreign reserves up to 24.26 bn in Dec.
- Saturday ,11 March GMT 20:00 2017 CBE: banks could secure $21bn to fund foreign trade since flotation of pound
- Friday ,10 March GMT 23:45 2017 Egypt's foreign trade worth $21 billion since currency flotation: CBE
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 05:06 2024 Tuesday ,06 February
New hunt for flight MH370 gets under way
GMT 03:44 2016 Wednesday ,07 December
Fujairah Ruler receives Lubna Al Qasimi
GMT 13:11 2017 Tuesday ,14 March
Why online retail growth in the UAE is different than in the rest of the world
GMT 07:30 2017 Friday ,10 February
Archaeologists discover new Dead Sea Scrolls cave
GMT 08:30 2013 Tuesday ,12 November
Sheikha Lubna pays tribute to women
GMT 19:33 2017 Thursday ,05 January
Lebanese government sacks telecom chief
GMT 15:37 2015 Wednesday ,30 December
Giant squid makes rare appearance in Japanese port
GMT 10:43 2017 Saturday ,12 August
Yemen’s Houthi militias killed a woman during attack on Salou
GMT 07:09 2016 Tuesday ,12 April
Loyalist and rebels clash in Yemen, jeopardising truce
GMT 20:19 2016 Wednesday ,27 July
Clone study: Dolly’s ‘twins’ still alive
GMT 15:24 2015 Sunday ,08 March
Qatar's emir sends cables of condolences to Saudi king
GMT 14:51 2016 Monday ,18 April
ECB, under fire from Germany, set to defend independenceGMT 10:24 2011 Monday ,27 June
Soccer behind disputes between Haifa and hubby
GMT 03:06 2016 Friday ,01 July
Decades of design on display
GMT 12:33 2017 Wednesday ,01 March
Marshall Islands first to ratify HFC greenhouse gas deal
GMT 10:42 2015 Saturday ,08 August
Students get taste of hospitality industry
GMT 15:22 2017 Monday ,27 February
5 Killed, 3 Injured in Tribal Battles in Somalia
GMT 07:27 2017 Wednesday ,03 May
BTEA, iGA launch ‘Domestic Tourism Survey’
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor