Dollar needs of basic, non-basic importers
Deputy Chairman of the National Bank of Egypt (NBE) Yehia Abul Fotouh
Cairo - MENA
Deputy Chairman of the National Bank of Egypt (NBE) Yehia Abul Fotouh on Tuesday asserted that the bank has fulfilled all dollar needs of importers of basic and non-basic commodities.
In statements to MENA on the fringe of his participation in a conference titled "People and Banks", Abul Fotouh said the bank has opened documentary letters of credit at a value of dlrs 600 million to fund the various import operations.
He said NBE has so far received EGP 92 billion from selling the three-year investment certificates at 16 percent interest rate and the three-year certificates at 20 percent interest rate till Monday.
GMT 20:12 2017 Wednesday ,22 March
US dollar exchange rate stable in morning tradingGMT 19:39 2017 Tuesday ,21 March
US dollar exchange rate stable in morning tradingGMT 21:38 2017 Monday ,20 March
Dollar price exceeds EGP 18 at banksGMT 21:09 2017 Thursday ,16 March
US dollar exchange rate stable in morning tradingGMT 21:41 2017 Wednesday ,15 March
Dollar stands at EGP 17.90 for buying, EGP 18 for selling at NBE
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 15:23 2018 Thursday ,30 August
School bus safety to be enhanced under new transport master plan
GMT 06:27 2017 Thursday ,05 October
Syria army ousts IS from all of Hama province
GMT 00:50 2016 Sunday ,24 April
English Premier League standingsGMT 06:46 2013 Thursday ,02 May
Rola Saad sings in Iraq for first time
GMT 18:29 2017 Monday ,30 October
Trump ex-campaign chief Manafort pleads not guilty
GMT 04:53 2016 Monday ,16 May
English Premier League resultsGMT 01:52 2013 Monday ,06 May
Zamoum’s \'Kedach Ethabni\' at 8th \'Arabesques\' festivalGMT 06:47 2012 Sunday ,29 January
Ghada Abdel Razek\'s hijab is a rumor
GMT 11:25 2017 Thursday ,11 May
President of Montenegro Receives Qatar's Ambassador
GMT 01:38 2017 Sunday ,28 May
Here are reasons why sukuk is a great alternative
GMT 08:04 2018 Tuesday ,23 January
Smith rejects ball-tampering suggestions
GMT 12:40 2017 Friday ,16 June
Singer Mayada Al Henawy happy
GMT 19:29 2018 Wednesday ,17 January
Iran supreme leader slams US over Trump 'shithole' slur
GMT 07:15 2016 Sunday ,22 May
Bayern beat Dortmund 4-3 on penalties to lift the German Cup
GMT 07:32 2018 Wednesday ,03 January
US conservatives cheer on Iran's 'brave' protesters
GMT 10:15 2016 Thursday ,02 June
Jay Z hits back at drug-dealing criticism on new track
GMT 07:44 2017 Saturday ,18 November
Murdoch's Fox in talks with multiple buyers
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