Thursday, July 3, 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...

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UAE will now allow flying taxis to use existing helipads

UAE's General Civil Aviation Authority (GCAA) has issued the regulatory framework allowing both electric Vertical Take-Off and Landing aircraft...

Next UAE public holiday: Residents likely enjoy a 3-day weekend soon

The birthday of Prophet Muhammad (PBUH) will be the next public holiday in the UAE. Believed to be on Rabi Al Awwal 12, residents...

Today Gold Rate in Dubai (UAE) in Dirham, 2nd July 2025

Today Gold Rate in Dubai (UAE) Today Per tola is AED 4,668.44 while 24k Per 10 Gram gold price is AED 4,002.50. Usually people...

Today Gold Rate in Qatar – 2nd July 2025

Today Gold Rate in Qatar Today Per tola is QAR 4,677.19 while 24k Per 10 Gram gold price is QAR 4,010.00. Usually people opt...

Today Gold Rate in Saudi Arabia – 2nd July 2025

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 4,817.15 while 24k Per 10 Gram gold price is SAR 4,130.00. Usually...