Central Bank

UAE gold prices rise, global rates rebound after hitting three-week low

Softer job openings data, manufacturing PMI spur safe-haven demand for gold

Central Bank of Oman joins GCC central banks’ AFAQ payments system

Oman's addition brings AFAQ's total number of participant banks from the GCC region to 67

UAE gold prices rise, global rates decline as traders await U.S. economic data

Signs of decline in the upcoming U.S. jobs data could support gold prices in the short term

Oil prices tumble to 4-month low amid demand concerns, OPEC production outlook

Brent oil futures for August delivery fell 0.4 percent to $78.05 per barrel

Egypt’s economy forecast to grow by 4.2 percent in 2025 on increased investment, exports, and consumer spending

The pound devaluation and foreign investments alleviated the country’s currency crisis

Türkiye’s robust domestic demand drives 5.7 percent Q1 2024 growth

The country is heading towards more balanced and sustainable growth this year, says Finance Minister

UAE gold prices rise, global rates fall as U.S. economy growth slows in Q1, inflation data awaited

U.S. economy grew 1.3 percent in Q1 of 2024, significantly slower than 3.4 percent in Q4 of 2023

UAE’s financial sector welcomes new Open Finance regulation

Open Finance is beneficial for both fintechs and their customers

UAE gold prices dip, global rates decline on stronger dollar ahead of key economic data

First-quarter GDP data expected to reveal resilience in the U.S. economy, impacting rate cut expectations

Oil prices climb on demand optimism, OPEC+ cuts eyed

Brent crude futures for July delivery rose 0.3 percent to $84.51 per barrel

Oman Central Bank issues T-bills worth $57.24 million

The interest rate on repurchase operations (repo) with the OCB for these T-bills is 6.00 percent