News
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Central Bank of Egypt Floats the Egyptian Pound
“The CBE hereby announces its decision to move, with immediate effect, to a liberalized exchange rate regime in order to quell any distortions in the domestic foreign currency market,” the bank said in a statement. Against the US dollar, the Egyptian pound was floated to EGP 13.00 per USD 1.00. Selling a US dollar, however, yields…
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The Alexandria International Conference on Maritime and Underwater Archaeology
Not only had the Egyptian Ministry of Antiquities paid attention to afford the opportunity to excavations in Egypt by foreign missions specialized in underwater and marine archaeology and collaborated in their scientific and archaeological work, but also founded the Department of Underwater Antiquities in Alexandria in 1996 to be the specialized annex of the Ministry…
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Cyprus and Egypt reaffirm their will to further enhance their relations
(famagusta-gazette.com)
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Alexandria Chamber of Shipping discusses twinning agreement with Greece, Cyprus
Chairperson of Alexandria Chamber of Shipping Mohamed Meselhy met with FONASBA president Glen Gordon Findaly on the sidelines of the annual meeting to discuss the challenges in maritime transport and the necessary mechanisms to deal with them. Meselhy said that they discussed the supporting mechanisms needed to create healthy competition among operators and maritime agents…