Tuesday, June 3, 2025

interest rates

The Bank of England holds interest rates at the highest level in 16 years

The pound sterling and British government bond prices fell after the decision to fix interest rates was issued Proven Bank of England Central interest rate The president is at a 16-year high of 5.25%.today is Thursday Ahead of the July...

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-Pakistan travel: PIA relaunches direct flights from Dubai to Skardu

Pakistan International Airlines (PIA) announced on May 30 the re-launch of its direct service between Dubai International (DXB) airport...

Schengen visa scam in UAE: Fake travel agents charging Dh4,000, experts warn

With the summer travel season in full swing, UAE residents are being warned about fraudulent travel agents charging thousands of dirhams per person for...

Dubai: No private parking? Residents may need to pay Dh500 for a spot this summer

With the Eid Al Adha break starting next Thursday, many UAE residents preparing for summer travel are facing an unexpected hurdle - soaring private...

UAE introduces new service to verify academic degrees of private sector employees

A new digital project launched in the UAE will help verify the academic qualifications of private sector workers, authorities announced on Monday. The service...

UAE: Minimum bank balance requirement of Dh5,000 suspended

The Central Bank of the UAE on Tuesday asked banks not to increase the minimum balance requirement from Dh3,000 to Dh5,000 for retail customers. The...