Egypt, China sign Egyptian pound-yuan currency swap agreement worth 18 bn yuan
The Central Bank of Egypt and China's Central Bank
Cairo - MENA
The Central Bank of Egypt and China's Central Bank signed an Egyptian pound-Yuan currency swap agreement worth 18 billion yuan.
The duration of the agreement is three years. It could be extended by the two parties.
In a statement on Tuesday, CBE said that the agreement reflected the depth of ties between Cairo and Beijing, in addition to China's support for the Egyptian economic reform program.
The deal also complemented a raft of measures taken by Egypt that aimed at unleashing the enormous potentials of its economy, the statement added.
GMT 21:35 2017 Tuesday ,10 January
Bank account opened for donations to build mosque, church in new capitalGMT 21:41 2016 Friday ,30 December
Egypt's balance of payments surplus hits $1.9bn in Q1 of 2016/7GMT 05:26 2016 Friday ,30 December
CBE fixes interest rates on deposits, loansGMT 05:33 2016 Thursday ,29 December
Source denies reports on CBE governor resignationGMT 01:00 2016 Tuesday ,27 December
Banks close doors Sunday on end of fiscal year
- Tuesday ,10 January GMT 21:35 2017 Bank account opened for donations to build mosque, church in new capital
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 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 09:58 2016 Wednesday ,23 March
cartoon four
GMT 10:16 2016 Wednesday ,23 March
cartoon five
GMT 06:15 2018 Tuesday ,23 January
Volkswagen clinches record sales
GMT 09:54 2018 Wednesday ,24 January
'Friendly and kind' N. Korean skaters
GMT 10:18 2018 Thursday ,30 August
Iran incapable of closing Hormuz, Bab Al Mandeb
GMT 11:38 2017 Tuesday ,14 November
Barrett gets shot at World Rugby award double
GMT 22:28 2011 Thursday ,10 February
The intermingling of the domestic and the foreign
GMT 06:38 2017 Monday ,21 August
First eclipse in 99 years to sweep North America
GMT 06:59 2017 Saturday ,13 May
King's support at Windsor
GMT 20:57 2016 Monday ,03 October
Thousands protest steel plant over Vietnam fish deaths
GMT 08:12 2017 Sunday ,19 November
EU-Mercosur free-trade pact supporters push for dealGMT 08:23 2012 Saturday ,18 February
Pop star Katy Perry will donate
GMT 05:11 2013 Sunday ,29 December
Lea Michele to release solo albumGMT 07:02 2011 Sunday ,07 August
Canadian dollar falls on slowing global economyGMT 06:42 2011 Sunday ,03 July
China\'s service activity cools in JuneGMT 10:38 2011 Tuesday ,13 December
Kingdom\'s GDP to grow 5.1% in 2011
GMT 14:07 2014 Friday ,09 May
Lack of education biggest problem for Afghan youth
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor