Friday, February 21, 2025

curb inflation

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...

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...

Latest News

UAE expands visa-on-arrival for Indians, includes visas from 6 more nations

The United Arab Emirates (UAE) has expanded its visa-on-arrival programme for Indian nationals by including travellers with valid visas,...

Saudi Arabia to host AFC Champions League Elite Finals

King Abdullah Sports City Stadium and Prince Abdullah Al Faisal Stadium have been selected to host the AFC Champions League Elite Finals. King Abdullah Sports...

UAE: Non-alcoholic ale with halal certification launched in Dubai

A unique halal-brewed beverage inspired by an ancient Arabian Peninsula drink that dates back thousands of years was launched by a Russian expat in...

UAE: Apple launches low-cost iPhone 16e; price, features, pre-order dates

iPhone 16e is super fast and has long battery life thanks to the efficiency of the A18 chip and the Apple C1 processor.. Details. Apple...

Today Gold Rate in Dubai (UAE) in Dirham, 20th Feb 2025

Today Gold Rate in Dubai (UAE) Today Per tola is AED 4,117.32 while 24k Per 10 Gram gold price is AED 3,530.00 Usually people...