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On 1 July 1950, the Jordanian dinar became the kingdom's official currency and legal tender. The use of the Palestine pound ceased in the country on 30 September 1950. The Central Bank of Jordan was established in 1959 and took over note production in 1964. In 1967, Jordan lost control of the West Bank, but the Jordanian dinar continued to be ...
The youth unemployment rate in Jordan has traditionally been much higher than other countries. In the past ten years, the rate has stayed around 23%. [46] There has been a recent increase in the popular belief that unemployment is the fault of the individual and not a societal problem. [45]
Business Today Egypt (also known as BT) is an English business magazine which is published monthly in Cairo, Egypt by Egyptian Media Group. [1] [2] It is the only independent business magazine in the country. The magazine models Fortune and Business Week magazines. [3]
The "risk-free" rate on US dollar investments is the rate on U.S. Treasury bills, because this is the highest rate available without risking capital. The rate of return which an investor requires from a particular investment is called the discount rate, and is also referred to as the (opportunity) cost of capital.
Foreign exchange fixing is the daily monetary exchange rate fixed by the national bank of each country. The idea is that central banks use the fixing time and exchange rate to evaluate the behavior of their currency. Fixing exchange rates reflect the real value of equilibrium in the market.
Egypt Today was first published in 1979. [2] It covers Egyptian current affairs and some international news. The magazine is published by IBA media, which also publishes Business Today Egypt, another monthly magazine. [3] [4] Both magazines are based in Cairo. [3]
According to the International Organization for Migration, an estimated 2.7 million Egyptians abroad contribute actively to the development of their country through remittance inflows, circulation of human and social capital, as well as investment. In 2009 Egypt was the biggest recipient of remittances in the Middle East; an estimated US$7.8 bn ...
The number of Arabic newspapers in Egypt was about 200 in 1938. [1] There were also 65 newspapers published in languages other than Arabic, [ 1 ] such as Turkish , French and English . [ 2 ] By 1951 Arabic language newspapers numbered to about 400, while 150 were published in other languages. [ 1 ]