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Latest in Tag: parliament


Parliament approves Agriculture Bank Law, moving the bank under CBE’s authority

The Egyptian parliament approved a law that would oversee the transfer of authority over the Principal Bank for Development and Agricultural Credit (PBDAC) on Tuesday. “The Central Bank of Egypt (CBE) will have the full authority over PBDAC,” said the PBDAC’s chairperson Elsayed Elkosayer. Elkosayer told Daily News Egypt, that the parliament approval of this …

Hossam Mounir