Central Bank
West Texas Intermediate crude futures also experienced a 0.3 percent rise, reaching $72.03 per barrel
Despite global challenges, the Omani economy has demonstrated resilience in handling various economic shocks
Crude Oil WTI Futures expiring in March were similarly muted at $70.69 a barrel
On Thursday, Trump asked his economics team to set up plans for reciprocal tariffs on every country taxing U.S. imports
These comments follow Powell's statement that policymakers shouldn't rush to cut rates amid inflation
This highlights SAMA’s ongoing commitment to advancing the Saudi fintech sector, promoting financial inclusion and innovation
The U.S. Consumer Price Index (CPI) report is scheduled for release at 13:30 GMT later today
U.S. West Texas Intermediate (WTI) crude fell by 28 cents, or 0.4 percent, to $73.04 a barrel
In the MENA region, 64 percent of chief economists surveyed by the World Economic Forum (WEF) expect moderate growth
Trump's 25 percent tariffs on steel and aluminum imports raised inflation fears, escalated trade tensions
The UAE DMTT is closely aligned with the GloBE Model Rules issued by the Organisation for Economic Co-operation and Development (OECD)
