Misr Iran Development Bank praises CBE decision to lift foreign cash cap
Misr Iran Development Bank
Cairo - MENA
Chairman of the Misr Iran Development Bank Ismail Hassan hailed a decision by the Central Bank of Egypt (CBE) to lift foreign currency cash deposit and withdrawal limits for individuals.
The decision is a positive step and will help fight the black market, Hassan, a former CBE governor, told MENA.
Citizens will be encouraged now to deposit their dollar earnings in banks instead of keeping them at home, he said.
Last month, the CBE imposed limits on foreign currency deposits at a maximum of $10,000 daily and $50,000 monthly for individuals.
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Moscow - TASS
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London - DPA
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Spain - DPA
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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
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