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'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...
The UAE has announced reduced working hours for private sector employees during the month of Ramadan.
Working hours will be reduced by two hours across...
