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Gross credit rose by 0.6 percent to AED2.174 trillion by October 2024
First phase focused on integrating the Bloomberg Auction System to enhance the local currency debt issuance process and workflows
The Federal Reserve will likely hold interest rates steady on January 29
Despite the stable global growth forecast, disparities among countries are widening
Gold rose to its highest since December 12 after several sets of U.S. economic data pressured Treasury yields further
Google Pay will offer users a secure and easy way to make purchases in stores, apps, and online
Easing underlying inflation in the U.S. renewed hopes of a less restrictive Fed policy this year
Crude oil WTI futures expiring in March rose 0.4 percent to $79.01 a barrel
Crude oil WTI futures expiring in March inched up 0.1 percent to $76.45 a barrel
Data on Tuesday showed that U.S. producer prices increased moderately in December
IMF and OECD estimate that global growth could hit 3.2 to 3.3 percent this year
The new platform allows individuals, government entities, and businesses to access services electronically
This surge brings the total value to $10.644 billion by December 2024, a rise from $8.440 billion recorded in December 2023
Georgieva noted that the U.S. economy is performing "quite a bit better" than anticipated
Western Asia's economy is set to strengthen to 3.5 percent in 2025, driven by improved prospects in Saudi Arabia and Türkiye
Crude oil WTI Futures expiring in March increased by 1.7 percent, hitting $77.06 a barrel
The U.S. dollar index gained 0.17 percent to 109.83, making bullion less attractive for other currency holders
Prices are set for weekly gains as uncertainty over U.S. interest rates and trade tariffs boosts safe haven demand
Brent oil futures set to expire in March climbed by 0.4 percent to reach $77.22 per barrel
Brent crude futures for March delivery decreased by 0.5 percent, settling at $75.79 per barrel
The U.S. dollar index held steady at 109.09, nearing the two-year high it touched last week
The U.S. dollar index gained 0.03 percent to 108.57, making bullion less attractive for other currency holders
The benchmark 10-year Treasury yield hit its highest since May 2024 yesterday, impacting bullion's rise
U.S. West Texas Intermediate (WTI) crude dropped by 15 cents, or 0.19 percent, to $73.42
