Saturday, February 1, 2025

Central Bank of Egypt

Central Bank of Egypt stabilizes interest rates despite the continued rise in inflation

The Central Bank of Egypt kept interest rates unchanged at its last meeting, despite continued high inflation rates. In its third meeting this year, the Monetary Policy Committee of the Central Bank of Egypt decided to keep interest rates unchanged,...

The Central Bank of Egypt withdraws 1.05 trillion pounds of bank liquidity to curb inflation

The Central Bank of Egypt withdrew a record amount of surplus bank liquidity in a historic weekly tender, with the aim of controlling inflation and lowering prices. The Central Bank of Egypt withdrew 1.050 trillion pounds from the surplus liquidity...

The Central Bank of Egypt eases cash restrictions for individuals and companies

The Central Bank of Egypt raises the maximum limit for cash withdrawals for individuals and companies from their bank accounts. Announce Egyptian Central Bank On Monday, the maximum limit for daily cash withdrawals for individuals and companies from their bank...

Central Bank of Egypt raises interest rates by 600 points to curb inflation

The Central Bank of Egypt's decision aims to absorb cash liquidity from the market and reduce demand for goods and services, which may contribute to reducing the inflation rate in the medium term. The Central Bank of Egypt held an...

Central Bank of Egypt issues regulations governing financing lease activity

The Central Bank of Egypt (CBE) has issued some regulations governing the financing provided by the banks to the financing lease firms, Al Mal News reported, citing the (CBE). As per the new regulations, the total direct and indirect credit...

Egypt’s net foreign reserves rise to $35.249 billion at the end of January 2024

Egypt's net foreign reserves rose to $35.249 billion at the end of January 2024, according to what the Central Bank of Egypt showed on Monday. Egypt's net foreign reserves at the end of last December amounted to about 35.219 billion...

Latest News

Dubai’s new Salik road toll peak charges come into effect

Dubai: The variable toll system of Salik will take effect in Dubai today (January 31). Salik Company said that the...

Dubai Announces Massive New Mall to Open in April 2025

Dubai Holding Asset Management, the owner and operator of one of Dubai’s most extensive retail portfolios encompassing 15 destinations, 10 malls, and 18 centres,...

Today Gold Rate in Dubai (UAE) in Dirham, 31th Jan 2025

Today Gold Rate in Dubai (UAE) Today Per tola is AED 3,901.54 while 24k Per 10 Gram gold price is AED 3,345.00. Usually people...

Today Gold Rate in Saudi Arabia – 31th Jan 2025

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 4,035.68 while 24k Per 10 Gram gold price is SAR 3,460.00. Usually...

Today Gold Rate in Qatar – 31th Jan 2025

Today Gold Rate in Qatar Today Per tola is QAR 3,948.20 while 24k Per 10 Gram gold price is QAR 3,385.00. Usually people opt...