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The foreign currency reserves at the Central Bank of Egypt d

 
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PostWysłany: Pon Sty 21, 2019 06:55    Temat postu: The foreign currency reserves at the Central Bank of Egypt d Odpowiedz z cytatem

CAIRO Cheap Tuukka Rask Jersey , Jan. 27 (Xinhua) -- Egypt's interim President Adli Mansour issued a decree promoting military chief and Defense Minister Abdel-Fattah al-Sisi to the rank of field marshal, the state TV reported Monday.


"Field marshal" is the highest military rank in Egypt, according to military and strategic experts.


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The military chief neither confirmed nor denied his intention to join the upcoming presidential race. The preparations are supposed to be done within the next three months according to the newly-approved constitution.


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Following the presidential decree of Sisi's promotion David Pastrnak Jersey , the Supreme Council of the Armed Forces, led by Sisi, is currently convening to discuss various security issues in addition to the popular demands urging the army chief to run for president Brad Marchand Jersey , official news agency MENA reported Monday.


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CAIRO, Jan. 26 (Xinhua) -- Egypt's interim President Adli Mansour announced Sunday that presidential elections would be held before parliamentary polls, after hearing opinions from different parties.


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49 killed in Saturday clashes across Egypt


CAIRO, Jan. 26 (Xinhua) -- At least 49 people were killed and 247 others injured on Saturday during clashes between supporters of ousted Islamist president Mohamed Morsi and security forces across Egypt, health ministry said Sunday.


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KAMPALA, Oct. 18 (Xinhua) -- Uganda is set to send its national cricket team to the United Arab Emirates (UAE) for buildup games ahead of the 2017 World Cup T20 qualifiers, a top official said on Monday.


Justine Ligyalingi, Chief Executive Officer of the Uganda Cricket Association, told Xinhua that Uganda will use the UAE International T20 Cricket Cup tournament as a buildup to the qualifiers.


He said Uganda is among the teams the Emirates Cricket Board invited for the games, scheduled to run from Dec. 12-21.


He said players have already been invited to start preparations for the tournament.


Other teams that will take part in the invitational tournament include Kenya, Kuwait, Malaysia, Oman, Qatar, Zimbabwe and hosts UAE.




CAIRO, Oct. 7 (Xinhua) -- The International Monetary Fund's initial loan payment to Egypt is expected to be around 2.5 billion U.S. dollars, state-run Ahram newspaper reported on its website on Friday.


"I hope to secure board approval for the program after it is reviewed by the IMF executive council by the end of current month," Ahram quoted Masood Ahmed, director of IMF's Middle East Department as saying.


Egypt will receive the initial loan payment two days after the approval, Ahmed added.


Egypt reached an initial deal with the IMF on a 12 billion U.S. dollars loan in August, a move seen by many experts as a necessary step to help the country's ailing economy.


"The loan program would contain conditions that include reducing Egypt's budget deficit and making its currency exchange rate system more market-driven," the IMF's senior official added.


Ahmed added the IMF has finished talks with some countries to provide about five to six billion dollars needed for the program in the first year.


He also hailed the Egyptian economic reform steps to liberate the exchange rate.


The foreign currency reserves at the Central Bank of Egypt declined since the 2011 uprising that toppled former president Hosni Mubarak from 36 billion U.S. dollars to 19.59 billion as of end of September.


Egyptian media reported on Friday speculations about an imminent devaluation of the Egyptian pound as part of the economic reform required by the IMF in exchange of the loan.


The official exchange rate for the U.S. dollar is 8.8 Egyptian pounds, but it was close to 14 pounds at the local black market this week, according to some traders. Enditem

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