Saturday, May 24, 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 travel for Hajj, Eid Al Adha: Emirates announces 46 special flights

For this year's Hajj season, Emirates announced 33 special flights to Jeddah and Madinah operating until May 31, and...

India implements stricter rules for gold, silver imports from UAE

India’s recent restrictions on importing precious metals like gold and silver from the UAE in unwrought, semi-manufactured, and powdered forms are set to reshape...

UAE: No Schengen visa appointments until August; residents told to rethink summer plans

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Qatar announces 5-day Eid Al Adha holiday for 2025

Qatar has announced a five-day holiday for Eid Al Adha this year. In the Gulf nation, public holidays for the festival will begin on the...

Dubai: Parkin launches parking subscriptions from Dh300

Dubai: Parkin, Dubai’s public parking operator, has announced that parking subscriptions are now available across all areas it manages. The update was shared via...