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Egypt: 10 years imprisonment and a fine of 5 million pounds for dealing in cash outside banks «Central»: illegal practices in the money market aimed at destabilizing

Steady increase in card uses outside the country $55 million withdrawn in a day.. 5 times the average Instructions to banks to meet the needs of education and treatment abroad Non-compliance with limits on customer cards in foreign currency The confidentiality of bank customers’ accounts and transactions shall not be …

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Does the black market end for the dollar in Egypt?

The price of the dollar fell on the parallel (black) market in Egypt, on Sunday, to less than 29 pounds, after its price before the Central Bank of Egypt’s decision to raise the interest rate, reached more than 36 pounds on the black market, while the official price of the …

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With the participation of 732,000 voters, the Sultanate of Oman will witness the third municipal council elections tomorrow

Muscat on the 24th of December Tomorrow, Sunday, in the Sultanate of Oman, elections for members of municipal councils will begin for the third term, with the participation of 731,767 voters who will vote through the electronic application “Election” to choose 126 representatives for them from among 727 candidates, including …

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Bahraini Minister of Education: We are proud of the contributions of the Khalifa Educational Award in spreading educational excellence locally, regionally and internationally

Bahrain on December 7th His Excellency Dr. Mohammed Mubarak Juma, Minister of Education in the Kingdom of Bahrain, affirmed the pride of the educational field in the Kingdom of the pioneering role played by the Khalifa Award for Education in spreading the culture of excellence locally and internationally. His Excellency …

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Egypt’s money supply exceeds $293 billion in October

Yesterday, Wednesday, data from the Central Bank of Egypt showed that the money supply (M2) rose by 27.08 percent year-on-year in October. The money supply amounted to 7.18 trillion Egyptian pounds ($293.06 billion) in October, compared to 6.56 trillion pounds in the same month last year 2021.

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Egypt is preparing for the first trading of wheat on the stock exchange on Sunday, its reserves of the commodity are sufficient to consume more than five months

Ibrahim Ashmawy, Deputy Minister of Supply and Internal Trade, told Reuters on Saturday that Egypt’s reserves of wheat are sufficient for more than five months’ consumption, while its sugar reserves are sufficient for only four months. Ashmawy pointed out that Egypt’s reserves of vegetable oils are sufficient for about five …

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