Egypt's central bank issues 47.5 bln EGP in T-bills

STORY: Egypt's central bank issues 47.5 bln EGP in T-bills SHOOTING TIME: Earlier footage DATELINE: Nov. 13, 2023 LENGTH: 00:00:45 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the Egyptian Ministry of Finance 2. various of the Central Bank of Egypt STORYLINE: The Central Bank of Egypt (CBE), on behalf of the Ministry of Finance, issued treasury bills (T-bills) at a total value of EGP 47.5 billion through two offerings on Sunday. With a tenor of 91 days until Feb. 13, 2024, the first tranche was valued at EGP 22.5 billion, according to official data. The second offering stood at EGP 25 billion and will mature in 273 days on Aug. 13 next year. On Nov. 9, 2023, the Central Bank of Egypt auctioned T-bills worth EGP 46.5 billion through two tranches. Banks operating in the Egyptian market are the largest investors in the treasury bills and bonds regularly offered by the government to cover the state's general budget deficit. Xinhua News Agency correspondents reporting from Cairo. (

Egypt signs 500-mln-USD financing deal with UAE to import wheat

STORY: Egypt signs 500-mln-USD financing deal with UAE to import wheat DATELINE: Aug. 16, 2023 LENGTH: 00:00:51 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of shots of wheat at an Egyptian port STORYLINE: The Egyptian Ministry of Finance on Tuesday signed a 500-mln-U.S. dollar five-year financing agreement with the Abu Dhabi Exports Office (ADEX) of the United Arab Emirates (UAE) to finance wheat imports, the ministry said in a statement. "This is the first deal signed with ADEX, a financial arm of the Abu Dhabi Fund for Development (ADFD), in light of the two countries' strong relations and the joint cooperation for promoting development and boosting food security," the statement quoted Egyptian Minister of International Cooperation Rania Al-Mashat as saying. The funds will be disbursed in five tranches, each valued at 100 million dollars, she added. Noting that food security is a vital issue and a matter of national security, Al-Mashat said Egypt has enough wheat reserves for five months' c

British police issue 50 more partygate fines

STORY: British police issue 50 more partygate fines DATELINE: May 13, 2022 LENGTH: 00:02:27 LOCATION: London CATEGORY: POLITICS/LAW SHOTLIST: 1. various of Downing Street 2. various of Boris Johnson and Rishi Sunak in NHS 3. various of Boris Johnson in Parliament debate on partygate 4. various of "the National COVID Memorial Wall" in London STORYLINE: British police on Thursday issued more than 50 new fines over breaches of coronavirus lockdown rules at gatherings in Prime Minister Boris Johnson's offices and residence at Downing Street. "As of Thursday, Operation Hillman, the investigation into breaches of COVID-19 regulations in Whitehall and Downing Street, has made more than 100 referrals for fixed penalty notices (FPNs) to the ACRO Criminal Records Office," the Metropolitan Police (Met) said in a statement. This follows two tranches of fines issued previously, 20 at the end of March and more than 30 in April. Johnson and his wife Carrie, as well as Chancellor Rishi Sunak, were among tho