Parliament to review CBE report on financial aid sent to Egypt
Central Bank of Egypt (CBE)
Cairo - MENA
The House of Representatives' Economic Affairs Committee will review a report prepared by the Central Bank of Egypt (CBE) on the volume of financial aid dispatched to Egypt since 2011.
Of all 29 billion dollars, Saudi Arabia sent eight billion dollars, while the UAE and Kuwait dispatched six and five billion dollars respectively, Ali el Mosilhy, the head of the committee, said on Wednesday.
He said the current decline in foreign currency was caused by the budget deficit which hit 279.4 billion pounds in the 2014/2015 FY compared to 255.8 billion pounds in 2013/2014, in addition to the decline in tourism revenues.
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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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