Central Bank

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

Türkiye hikes interest rates to 45 percent in a battle against inflation

Analysts skeptical as Turks grapple with economic challenges

Oil prices increase amid U.S. crude storage and production decline

Chinese economic stimulus and a weaker output contribute to the complex oil market dynamics

Gold prices fall, market awaits GDP and inflation data

Strong economic indicators and diminishing recession fears impact gold's allure

Gold prices rise as investors await U.S. interest rate cuts

Uncertainty looms as investors navigate economic data and central bank decisions

European banks enter 2024 bolstered by strong profit growth

Lenders expected to experience adverse effects of rising interest rates

Indicators suggest gold will maintain strength in 2024

Metal likely to remain within specific range but exhibit some volatility

U.S. dollar decline triggered by speculation of Fed rate cut

China's interest rate stabilization impacted U.S. dollar, Yuan

What will the Federal Reserve decide at its January 31 meeting?

Economic data outlines the framework for the U.S. Central Bank’s action

UAE Islamic T-Sukuk record AED9.39 billion in bids

The auction value recorded 2.8 billion, oversubscription grows 3.35 times

Oman’s Sohar International Bank expands into Saudi Arabia

Fostering economic growth and collaboration between the sultanate and Saudi Arabia

Türkiye’s bold minimum wage hike spells trouble for inflation

A 49 percent surge in monthly minimum wage could exacerbate inflation and strain businesses

CBUAE issues rules to regulate short-term credit services

Amending regulations to regulate the growing 'Buy Now, Pay Later' financing offers

CBUAE raises its GDP growth forecast to 5.7 percent for 2024

Increase compared to its previous forecast of 4.3 percent

CBUAE report reveals strongest-performing sectors in Q3 of 2023

Real estate, tourism and aviation showed robust performance