Friday, December 27, 2024

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

Emirates suspends flights to Baghdad and Beirut until January 15, 2025

Emirates has decided to extend the suspension of its flights to Baghdad and Beirut until mid-January 2025 due to...

World’s first flying taxi service to launch in Abu Dhabi in 2025

A shift in urban travel, replacing 60- to 90-minute car journeys with 10- to 20-minute flights. Abu Dhabi aims to become the world's first city...

Abu Dhabi Ports completes largest restructuring by merging Noatum assets… 16 terminals

Abu Dhabi Ports Group aims through the merger to improve operational efficiency, in support of the international growth strategy. The group announced Abu Dhabi Ports...

Today Gold Rate in Saudi Arabia – 26th Dec 2024

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 3,802.40 while 24k Per 10 Gram gold price is SAR 3,260.00. Usually...

Today Gold Rate in Qatar – 26th Dec 2024

Today Gold Rate in Qatar Today Per tola is QAR 3,714.92 while 24k Per 10 Gram gold price is QAR 3,185.00. Usually people opt...