Central Bank
Open Finance is beneficial for both fintechs and their customers
Brent oil futures for July delivery held steady at $83.61 per barrel
First-quarter GDP data expected to reveal resilience in the U.S. economy, impacting rate cut expectations
Brent crude futures for July delivery rose 0.3 percent to $84.51 per barrel
The interest rate on repurchase operations (repo) with the OCB for these T-bills is 6.00 percent
Strong dollar, possible interest rate hikes are major risks to gold prices
Brent crude oil futures expiring in July edged 0.1 percent lower to $83.04 per barrel
Gold prices achieved a record high of $2,449.89 but have since lost over $100
The assets of Islamic banks operating in the UAE increased by about $23.41 billion over the past 12 month
The CBE's overnight deposit rate, overnight lending rate, and main operation rate will remain unchanged
Chinese reserve buying remains a significant tailwind, driving demand and supporting gold prices
