Devaluation of Egyptian pound against dollar not to affect commodities prices
US dollar
Cairo - MENA
The devaluation of the Egyptian pound against the US dollar in an exceptional auction by the Central Bank of Egypt (CBE) on Monday will not affect the prices of the subsidized basic commodities, affirmed Trade and Industry Minister Tarek Qabil.
The government is keen on the interest of citizens through adopting mechanisms to subsidize goods, he added in statements on the sidelines of the Egyptian- Belarusian business forum on Monday.
The prices of imported goods will not increase also in the local markets, he added.
These goods are imported by prices which are higher than the price of registered dollar price today, he explained.
The CBE's move will contribute to controlling export market, flourishing Egypt's exports ad luring foreign investments to the Egyptian market, he added.
He, meanwhile, said that prices of delivering gas to the fertilizers factories will not be reduced.
- Saturday ,11 March GMT 06:01 2017 Egypt’s Feb. annual urban consumer price inflation hits 30-yr high
- Wednesday ,01 March GMT 19:58 2017 Customs dollar exchange rate inches down to EGP 15.75 till March 15
GMT 18:03 2017 Tuesday ,17 October
Qatari banks reducing dollar sales to foreign lendersGMT 16:09 2017 Sunday ,15 October
Sudan receives first US dollar transfers since sanctions liftedGMT 06:01 2017 Saturday ,11 March
Egypt’s Feb. annual urban consumer price inflation hits 30-yr highGMT 19:58 2017 Wednesday ,01 March
Customs dollar exchange rate inches down to EGP 15.75 till March 15GMT 14:11 2017 Monday ,27 February
Oman plans to borrow $2b from overseas markets
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
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
GMT 02:17 2017 Wednesday ,23 August
Doctors serving at MER-C hospital in Rakhine to study
GMT 18:35 2017 Saturday ,25 March
UAE joins world in marking Earth Hour on 25th March
GMT 19:42 2016 Tuesday ,27 September
Finnish trade minister: We are keen on promoting economic ties with Egypt
GMT 12:17 2017 Thursday ,09 November
Sudanese-Mauritanian Higher Committee's Meetings start
GMT 09:41 2017 Thursday ,06 April
Shares in First Abu Dhabi Bank surge
GMT 08:55 2017 Monday ,13 February
Emirati businessman pays Dh31million for Abu Dhabi Number 1 car plate
GMT 22:42 2017 Thursday ,30 November
Dubai Chamber to host International Conference tomorrow launching
GMT 07:53 2017 Monday ,15 May
Mercedes-Benz Oman unveils new school bus
GMT 07:41 2017 Friday ,13 October
Global economy chiefs told to reform while going is good
GMT 13:06 2017 Saturday ,25 March
UN Special Coordinator, considers all Israeli settlement illegal
GMT 05:02 2018 Tuesday ,02 October
Macedonia’s name change referendum declared void
GMT 13:33 2016 Monday ,27 June
London estate agent Foxtons issues post-Brexit profits warning
GMT 16:36 2017 Wednesday ,27 December
Muscat bourse gains on recovery in oil prices
GMT 06:52 2017 Sunday ,12 March
World Bank Approves $150 Million Loan to Support Entrepreneurship in Morocco
GMT 21:24 2017 Tuesday ,14 February
Germany wants Greece to stay in euro zone
GMT 03:54 2017 Saturday ,09 December
7 people dead in Russian house fire
GMT 16:43 2017 Monday ,10 April
France expels Egyptian-born Swiss imam from country
GMT 14:50 2017 Sunday ,19 November
Premier stresses Bahrain-US strategic partnership
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