Search results
Results From The WOW.Com Content Network
The currency reached 49.16 to the U.S. dollar Tuesday, the Central Bank of Egypt posted on its website. ... the Egyptian pound ranged between 47 and 48 to the dollar after it floated in March and ...
De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...
Souq.com was the largest e-commerce platform in the Arab world. The company launched in 2005 in Dubai, United Arab Emirates. [2] On March 28, 2017, Amazon.com Inc. acquired Souq.com for $580 million as a subsidiary. [3] [4] On May 1, 2019, Souq.com UAE became known as Amazon.ae, [5] while on June 17, 2020, Souq.com KSA became known as Amazon.sa ...
Modern relations traced back to 1947 when founder of Pakistan Muhammad Ali Jinnah paid a farewell visit to Egypt on the special invitation sent by King Fuad II. [citation needed] Egypt has an embassy in Islamabad and Pakistan has an embassy in Cairo. Both countries are members of the OIC (Organisation of Islamic Cooperation) and the "D8". [1]
(Bloomberg) -- Egypt held interest rates for the second straight month as the virus outbreak in China stoked concerns over global economic growth and inflation quickened more than expected.Over a ...
In an online statement late Thursday, the bank’s monetary policy committee said the most basic lending rate, the overnight deposit rate, was increased from 18.25% to 19.75%.
The Foreign relations of Egypt are the Egyptian government's external relations with the outside world. Egypt's foreign policy operates along a non-aligned level. Factors such as population size, historical events, military strength, diplomatic expertise and a strategic geographical position give Egypt extensive political influence in the Africa, the Mediterranean, Southwest Asia, and within ...
The annual inflation rate reached 36.8% last month, up from 33.7% recorded in May, according to data released by the state-run Central Agency for Mobilization and Statistics.