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Reading: CBE Governor inspects building of new printing press and Cash Center at NAC
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Dailynewsegypt > Blog > Business > CBE Governor inspects building of new printing press and Cash Center at NAC
Business

CBE Governor inspects building of new printing press and Cash Center at NAC

Daily News Egypt
Last updated: 2020/10/22 at 7:40 PM
By Daily News Egypt 1 Min Read
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Tarek Amer, Governor of the Central Bank of Egypt (CBE), inspected, on Thursday, the construction works and equipment for the new printing press building and cash centre, which are being built at the New Administrative Capital (NAC).

Amer also inspected the process of installing new production lines for the printing press and its operational experiments. An official CBE source said in statements that the construction work on the new printing press is nearing completion, in preparation for it to start work.

The source added that the CBE Governor also inspected the Cash Center, which was established according to the highest international standards and the latest technologies. It is set to be fully mechanised.

The new printing press includes four production lines, and will print all denominations of paper and plastic currency.

The Cash Center will be the largest in the Middle East, and aims to include a new cash management system with the latest modern automatic systems.

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TAGGED: Cash Center, CBE governor, NAC, printing press
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Popular video-sharing app TikTok was granted by the U.S. government a 15-day extension to reach a deal with U.S. buyers, a federal court filing showed Friday. This means the deadline for ByteDance, TikTok's Chinese parent company, to reach a deal with Oracle and Walmart has been extended from Nov. 12 to Nov. 27, according to the U.S. District Court for the District of Columbia.
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Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023
Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023
Business
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