Central Bank

G20 FMCBG: Al Hussaini highlights UAE’s commitment to promoting financial inclusion and reducing inequalities

The minister highlighted the country's interest in strengthening economic and financial cooperation

UAE participates in BRICS meeting of finance ministers, central bank governors

BRICS meeting discusses international monetary policy, development of multilateral financing for infrastructure

Saxo Bank CEO in MENA predicts UAE’s economic growth to surpass 5.5 percent in 2024

Tech investments and financial services are driving growth in the country

ECB reports record annual loss of $8.57 billion in 2023

Aggressive interest rate hikes lead to billions in payouts to banks

Türkiye: New Central Bank Governor holds interest rates steady at 45 percent

The decision was widely anticipated following eight consecutive months of rate hikes

Gold prices recover marginally after drop following US inflation data

Traders reassess rate-cut expectations as economic data contradicts earlier trends

Türkiye issues $3 billion 10-year eurobonds, sees strong demand

Capitalizing on investor confidence amidst significant changes in economic strategy

UAE’s outlook soars as S&P predicts 5.3 percent GDP growth in 2024

Robust expansion in sight fueled by diverse sectors and stable banking environment

CBE launches $1 billion treasury bills

One-year treasury bills aim to attract investors despite rising global rates

Egypt to auction $1 billion dollar-denominated treasury bills

Money supply (M2) grew by 19.92 percent year-on-year in December 2023

CBE raises interest rates by 200 basis points: Is a currency devaluation on the horizon?

Gap widened between Egyptian pound's official and parallel markets rates

Oil prices decline following Fed’s interest rate cut signals

Despite economic and geopolitical crises, 2024 will be a healthy year for the oil market

Gold prices recover from dip as Powell counters rate cut expectations

Central banks' record gold buying drives demand to new heights

Gold prices dip amid dollar rally

US dollar's rebound and monetary policy anticipation impact precious metal valuations

Oil prices rise on regional tension fears and China demand concerns

Traders reevaluate Middle East supply risks as China's real estate woes deepen

UAE makes first cross-border digital dirham payment, transferring $13.6 million to China

Transaction took place during a celebration marking the 50th anniversary of the CBUAE

Gold prices rally on Middle East tensions and Fed meeting anticipation

Gold maintains its safe-haven appeal as investors seek refuge amid economic uncertainties

Wall Street braces for a testing week

Fed’s decision, companies' profits, and economic data all in focus

ECB interest rates remain unchanged amid inflationary concerns

Increased focus on inflation targets and monetary policy flexibility