Central Bank

UAE gold prices down, global rates dip ahead of Fed’s policy rate decision

India's August gold imports surged to $10.06 billion, compared with $3.13 billion in July

UAE gold prices down, global rates hover near record high on bigger rate cut prospects

Markets are currently pricing in a 69 percent chance of a 50-basis-point cut at the conclusion of the Fed's two-day meeting

Oil prices see modest gains amid rate cut speculations, Hurricane Francine’s supply impact

Brent crude futures set to expire in November climbed 0.2 percent to $72.88 per barrel

Gold price hits new all-time high at $2,589 on larger rate cut bets, UAE prices steady

The U.S. dollar index fell 0.25 percent to 100.86, making gold less expensive for other currency holders

Oil prices rise on U.S. rate cut hopes despite weak demand, Chinese data

Brent crude futures for November rose by 3 cents to $71.64 a barrel

UAE banks’ capital, reserves reach $134.8 billion by June 2024, says Central Bank

National banks comprised 86.3 percent of the total capital and reserves, amounting to $116.4 billion

Global gold prices hit new all-time high of $2,570.15 on U.S. dollar weakness

The dollar fell to a one-week low, making gold less expensive for other currency holders

European Central Bank lowers interest rates again as inflation declines

The ECB's meeting precedes the Federal Reserve, which appears ready to start its own rate cuts

Gross banks’ assets surpass $1.16 trillion by end of June 2024, reports UAE Central Bank

Gross credit rose by 1.1 percent to AED2,100.9 billion by the end of June 2024

UAE gold prices up, global rates rise as investors eye additional U.S. economic data

U.S. central bank will likely start cutting interest rates next week with traders raising bets for a 25-basis-point cut to 87 percent