Central Bank

Egypt’s net foreign assets deficit shrinks by $7.04 billion in February

The financial support and land sale deal contributed to the NFA improvement

Kuwait Central Bank announces $792 million bonds, tawarruq issuance with 4.375 percent return rate

CBK has specified that this issuance will remain valid for a period of three months

Saudi Arabia’s tourism sector sets new record, foreign visitor spending touches $36 billion

In 2023, Saudi Arabia led the UN tourism list for the growth rate of international tourists compared to 2019

Oman outlook raised to positive on strengthening fiscal position: Report

Oil production cuts to keep economic growth low at about 1.4 percent in 2024

Oman to embrace IBAN system: A new era of seamless financial transactions

A significant step forward in modernising Oman’s financial infrastructure, says CBO

Oil prices rise as tighter supplies drive strong first quarter in 2024

Russia's commitment to deeper production cuts as a key factor influencing the crude oil market in the coming months

Gold prices in UAE decline as dollar holds firm

Globally, spot gold stabilized at $2,179.98 per ounce

UAE’s latest T-sukuk auction oversubscribed 7.1 times with $2.13 billion in bids

Dirham-denominated assets gain momentum with increased investor confidence

UAE, China seek $200 billion in trade exchange by 2030, up from $95 billion in 2023: Report

Booming cooperation across trade, investment, technology and culture

Oil prices hold steady amidst Russian refinery disruptions, geopolitical tensions

The attacks caused potential disruptions to oil capacity, estimated at 900k bpd