Central Bank

UAE gold prices decline, global rates rise as focus shifts to U.S. inflation data

Strong dollar, possible interest rate hikes are major risks to gold prices

Oil prices maintain stability following recovery from 3-month low, investors await inflation data

Brent crude oil futures expiring in July edged 0.1 percent lower to $83.04 per barrel

UAE gold prices rise, global rates recover from 2-week low ahead of U.S. inflation data

Gold prices achieved a record high of $2,449.89 but have since lost over $100

UAE Islamic banks surpass $195.39 billion in assets, up 13.61 percent year-on-year

The assets of Islamic banks operating in the UAE increased by about $23.41 billion over the past 12 month

Egypt’s Central Bank maintains key rates, cites easing inflation

The CBE's overnight deposit rate, overnight lending rate, and main operation rate will remain unchanged

UAE gold prices decline further, global rates eye largest weekly drop in 8 months

Chinese reserve buying remains a significant tailwind, driving demand and supporting gold prices

Oil prices hover near multi-month lows, poised for weekly decline on rate hike concerns

Brent crude oil futures for July delivery fell 0.1 percent to $81.31 per barrel

Point-of-sale spending in Saudi Arabia reaches $3.1 billion: Report

The largest share of spending (15 percent) was on beverages and food, amounted to $471.94 million

Türkiye holds interest rates steady at 50 percent amid persistent inflationary pressures

The country's annual inflation rate rose from 68.5 percent in March to 69.8 percent in April

Lebanon’s reforms are insufficient for recovery, says IMF

Lebanon's banking sector continues to struggle with providing credit to the economy

UAE gold prices slip, global rates continue decline after Monday’s record high

Traders are currently pricing in a 73 percent chance of an interest rate cut in November

Oil prices dip amid concerns over prolonged high U.S. rates, weaker demand

Brent crude oil futures expiring in July declined 0.7 percent to $81.35 per barrel