Monday, June 23, 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

UAE eases visa rules for Sudanese citizens whose passports have almost expired

Abu Dhabi: In a humanitarian gesture to support Sudanese nationals facing difficult circumstances, the Federal Authority for Identity, Citizenship,...

New paid parking zones open in Ajman

Ajman: The Ajman Municipality has announced on its official X account the activation of 1,263 new paid parking spaces across key streets in the...

UAE traffic alert: Dubai announces traffic diversion on Al Qudra Road from June 22

Dubai: The Roads and Transport Authority (RTA) has announced a temporary traffic diversion as part of ongoing efforts to enhance traffic flow in Dubai...

Today Gold Rate in Dubai (UAE) in Dirham, 21th June 2025

Today Gold Rate in Dubai (UAE) Today Per tola is AED 4,735.50 while 24k Per 10 Gram gold price is AED 4,060.00. Usually people...

Today Gold Rate in Saudi Arabia – 21th June 2025

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 4,828.81 while 24k Per 10 Gram gold price is SAR 4,140.00 Usually...