CBE's decision to liberalize exchange rate 'step' to restore confidence in Egyptian economy
Federation of Egyptian Industries
Cairo - MENA
The decision of the Central Bank of Egypt (CBE) to liberalize the exchange rate is an initial step to restore the confidence of the Egyptian citizen and investor in the national economy, said Deputy Chairman of the Federation of Egyptian Industries (FEI) Tarek Tawfik.
In statements Sunday on the sidlenes of a conference on agricultural industrialization, Tawfik said that investment in Egypt will be enhanced after the CBE's decision.
The decision will contribute to increasing the competitiveness of Egyptian products, he further said.
It will also contribute to resolving the problem of faltering factories, which were closed over the past period, he added
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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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