Egypt, China sign Egyptian pound-yuan currency swap agreement worth 18 bn yuan
The Central Bank of Egypt and China's Central Bank
Cairo - MENA
The Central Bank of Egypt and China's Central Bank signed an Egyptian pound-Yuan currency swap agreement worth 18 billion yuan.
The duration of the agreement is three years. It could be extended by the two parties.
In a statement on Tuesday, CBE said that the agreement reflected the depth of ties between Cairo and Beijing, in addition to China's support for the Egyptian economic reform program.
The deal also complemented a raft of measures taken by Egypt that aimed at unleashing the enormous potentials of its economy, the statement added.
- Tuesday ,10 January GMT 21:35 2017 Bank account opened for donations to build mosque, church in new capital
GMT 21:35 2017 Tuesday ,10 January
Bank account opened for donations to build mosque, church in new capitalGMT 21:41 2016 Friday ,30 December
Egypt's balance of payments surplus hits $1.9bn in Q1 of 2016/7GMT 05:26 2016 Friday ,30 December
CBE fixes interest rates on deposits, loansGMT 05:33 2016 Thursday ,29 December
Source denies reports on CBE governor resignationGMT 01:00 2016 Tuesday ,27 December
Banks close doors Sunday on end of fiscal yearRussia 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 launc...Read More
GMT 13:29 2018 Friday ,14 December
Turkey targets military over alleged Gulen links
GMT 12:30 2018 Friday ,14 December
Noriaki Kasai: 30 years of World Cup ski-jumping
GMT 09:45 2012 Saturday ,17 November
Etisalat wins social contribution award
GMT 09:58 2019 Monday ,19 August
You find yourself facing new professional
GMT 18:10 2015 Sunday ,01 March
First Iran flight lands in Shiite-held Yemen capital
GMT 23:33 2014 Saturday ,03 May
Sierra Leone\'s president planning to visit Iran soon
GMT 16:59 2017 Monday ,26 June
UAE labourers enjoy two-day Eid Al Fitr holiday
GMT 10:58 2016 Friday ,19 February
Theater versus thug life for El Salvador's youth
GMT 07:34 2018 Tuesday ,16 January
US-purchased cranes arrive at Yemen rebel-held portGMT 12:17 2012 Monday ,07 May
Are you a better mother if you stay at home
GMT 09:02 2017 Sunday ,29 October
No Neymar, no problem as Cavani sends PSG seven points clear
GMT 09:51 2019 Monday ,19 August
Live a frustrating atmosphere in your career
GMT 22:48 2018 Thursday ,13 December
French archaeological mission discovers artefacts in Umm Al Qaiwain
GMT 04:51 2017 Tuesday ,14 February
Queen Bey channels ancient Egypt at Grammys
GMT 07:30 2017 Wednesday ,12 July
Zamalek’s coach decided to leave the team
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