Egypt’s Orthodox Christians celebrate the Easter on Sunday.
On the following day, Egypt’s Muslims and Christians will celebrate Sham Al Nessim, an annual spring festival dating back to ancient Egypt.
Starting from today, Egyptians have a five-day holiday that also marks the Sinai Liberation Day and the Labour Day on Saturday.
Prime Minister Moustafa Madbouly instructed competent state agencies to ban mass celebrations and shut down on the spot malls and coffee shops that violate health precautions, local media reported.
Infection rates
He underlined the necessity of strictly enforcing precautions as the country is witnessing an accelerated increase in the registered infection rates.
Egypt's central bank left its overnight interest rates unchanged on Wednesday, saying inflation had stabilised and the economy was showing signs of recovery after more than a year of the coronavirus pandemic.
Egypt s Prison Authority yesterday released 2,674 prisoners from jail after a presidential pardon was issued on the occasion of Sinai Liberation Day, Egypt Today reported. According to local me.
CBE Sets New Date for Reviewing Key Interest Rates CBE Sets New Date for Reviewing Key Interest Rates
The Central Bank of Egypt (CBE) decided to bring forward the date of the next meeting of the Monetary Policy Committee (MPC) to review key interest rates on Wednesday, April 28, due to the Sinai Liberation Day holiday.
MPC decided in its last meeting in March to keep the overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 8.25%, 9.25%, and 8.75%, respectively. The discount rate was also kept unchanged at 8.75%.
It kept rates unchanged for the third time in a row at Nov. 2019 rates.