Egypt’s domestic liquidity rises to EGP 3.466 trillion "CBE"
The Central Bank of Egypt (CBE).
Cairo - MENA
The Central Bank of Egypt (CBE) said in a report on Monday that Egypt's domestic liquidity increased by EGP 9.1 billion to register EGP 3.466 trillion, at a rate of 0.3 percent, at the end of July.
The report stated that the increase in domestic liquidity was reflected in the growth of quasi-money that increased by EGP 18 billion at a rate of 0.7 percent, and the decline in the money supply by EGP 8.9 billion at a rate of 1 percent.
Quasi-money (Near Money) is a term used in economics to describe highly liquid assets which are not cash but can easily be converted into cash.
The increase in quasi-money came as a result of the rise in non-current deposits in local currency by EGP 10 billion at a rate of 0.5 percent, and in deposits in foreign currency by EGP 8 billion at a rate 0.8 percent, the report added.
The report attributed the decrease in the money supply to the decline in current deposits in local currency by EGP 5.4 billion at a rate of 1.4 percent.
GMT 05:01 2018 Friday ,05 October
PM witnesses signing of two deals with Islamic Development Bank
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 06:18 2017 Monday ,09 October
Solidarity and unease in France's 'Northern Catalonia'
GMT 15:19 2017 Thursday ,21 September
UEFA call on European leaders to help regulate transfer
GMT 12:15 2017 Monday ,09 October
OIC calls for enhancing women’s presence in media
GMT 15:23 2017 Sunday ,24 September
Saudi Arabia to include low-cost Flyadeal
GMT 00:25 2017 Tuesday ,10 October
N.Korea fires midrange missile toward waters near Japan
GMT 20:48 2017 Thursday ,21 September
Turkey jails 14 lawyers representing hunger strikers
GMT 13:33 2017 Monday ,06 March
Emirati student builds drones
GMT 13:29 2017 Thursday ,09 November
UNSC urges “comprehensive respons” to piracy off Somali coast
GMT 08:55 2015 Friday ,30 October
Antarctic sanctuary moves closer with China support
GMT 00:05 2014 Monday ,01 September
European companies might find it hard to return to Russian market
GMT 16:34 2017 Thursday ,03 August
Italy moves to end migrant crisis with naval mission
GMT 19:13 2017 Thursday ,26 October
Catalan leader says 'guarantees' not in place to call elections
GMT 17:21 2017 Thursday ,29 June
MP underlines parliamentary efforts to discuss economic issues
GMT 17:40 2017 Wednesday ,11 October
NGOs slam UN aviation agency plan
GMT 10:07 2018 Monday ,03 December
Relatively cold weather with showers forecast for three days
GMT 14:30 2018 Monday ,22 October
Putin endorses tit-for-tat measures against Ukraine’s anti-Russian sanctions
GMT 14:21 2017 Friday ,10 March
Trump’s envoy for international negotiations will meet Netanyahu, Abbas separately
GMT 19:17 2017 Monday ,17 April
Turkish referendum passes with thin margin
GMT 11:18 2016 Wednesday ,02 March
South African private army protects world's largest rhino farm
GMT 11:06 2018 Tuesday ,23 January
Berri offers condolences to Sierra Leone's President over flood victims
GMT 09:25 2018 Wednesday ,17 January
Iran supreme leader slams US over Trump 'shithole' slur
GMT 10:40 2018 Monday ,08 January
Smashbox to launch Always On Liquid Lipsticks in Metallic, Bold and Nude
GMT 19:46 2016 Thursday ,23 June
Democrats take over US House with 'sit-in' over gun control
GMT 10:09 2016 Friday ,08 April
WADA gives Kenya May 2 anti-doping law deadline
GMT 08:01 2017 Saturday ,13 May
Comey infuriated Trump with refusal to preview Senate testimony: Aides
GMT 15:27 2017 Thursday ,06 April
SCTH, Eye of Riyadh sign tourism agreement
GMT 19:26 2017 Wednesday ,11 October
Emirates and Qantas announce additional services under partnership
GMT 05:10 2017 Monday ,04 September
Abu Dhabi Police seize 4.2 million pills in drug bust
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