Central Bank

UAE’s latest T-sukuk auction oversubscribed 7.1 times with $2.13 billion in bids

Dirham-denominated assets gain momentum with increased investor confidence

UAE, China seek $200 billion in trade exchange by 2030, up from $95 billion in 2023: Report

Booming cooperation across trade, investment, technology and culture

Oil prices hold steady amidst Russian refinery disruptions, geopolitical tensions

The attacks caused potential disruptions to oil capacity, estimated at 900k bpd

UAE gold prices gain, but dollar strength limits record highs

Copper rebounds, yet 11-month highs prove elusive

Gold in UAE dips as dollar gains, central banks send mixed signals

Copper retreats from 11-month highs amid growing concerns over China

Bank of England maintains interest rate at 5.25 percent, but cut looms near

The bank’s committee is worried as wage growth outpaces inflation at 6 percent

Oil prices surge on weaker dollar, Fed’s policy announcement

The expectation of limited supplies continued to support crude prices

UAE’s Islamic banking assets reach new highs, exceed $190.6 billion in 2023

Islamic banks account for 17.3 percent of the UAE banking system's total assets

Bank of Japan ends eight-year era of negative interest rates in historic policy shift

Japan's move marks global departure from decades of stimulus-driven growth strategies

Oil prices hold near four-and-a-half month high on reduced exports, market caution

Surging prices fueled by refinery activity, China demand, and Middle East disruptions

Türkiye likely to keep interest rate unchanged amid inflationary pressures

Türkiye pledges tighter fiscal policies to reduce inflation

UAE Central Bank’s effective strategies to fuel banking sector’s continued growth in 2024

The CBUAE has demonstrated its commitment to promoting economic and financial stability within the country

Oil prices extend gains ahead of anticipated Fed meeting, rising supply risks

The recent attacks on refineries added a risk premium of $2-$3 per barrel to crude prices

Gold sets to break three-week winning streak on inflation worries

The precious metal struggles to overcome resistance level of $2,200

Oil prices experience modest decline, set to finish week with 4 percent gain

Surprise decline in U.S. crude stockpiles supports prices