Wednesday, April 8, 2026

Central Bank of Egypt withdrew

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...

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UAE Economic Shield Plan

The UAE has developed an economic shield plan. This plan aims to counter the potential economic fallout of an Iran war.

Saudi Arabia Intercepts Ballistic Missiles

Saudi Arabia's aerial defenses have intercepted ballistic missiles. The incident occurred amid reports of Iran attacks.

Airlines cancel more flights as Middle East conflict escalates – Reuters

Airlines are canceling more flights. No surprise, given the escalating conflict. And this has led to an increase in flight cancellations. But the full...

UAE Says Ceasefire Not Enough for Iran War Solution

The UAE has expressed its doubts about the effectiveness of a ceasefire in resolving the Iran war. The UAE's stance is based on a perceived lack of trust in the Tehran regime.

How to Check Gold Purity in UAE

Checking gold purity is crucial in the UAE to avoid counterfeit products. The process involves several steps to verify the authenticity of gold items.