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Economy Middle East Summit
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Central Bank
Banking & Finance
What will the Federal Reserve decide at its January 31 meeting?
Economic data outlines the framework for the U.S. Central Bank’s action
Markets
UAE Islamic T-Sukuk record AED9.39 billion in bids
The auction value recorded 2.8 billion, oversubscription grows 3.35 times
Banking & Finance
Oman’s Sohar International Bank expands into Saudi Arabia
Fostering economic growth and collaboration between the sultanate and Saudi Arabia
Economy
Egypt auctions off $850 million in T-Bills to tackle dollar shortage
As part of efforts to stabilize the economy
Economy
Türkiye’s bold minimum wage hike spells trouble for inflation
A 49 percent surge in monthly minimum wage could exacerbate inflation and strain businesses
Banking & Finance
CBUAE issues rules to regulate short-term credit services
Amending regulations to regulate the growing 'Buy Now, Pay Later' financing offers
Economy
CBUAE raises its GDP growth forecast to 5.7 percent for 2024
Increase compared to its previous forecast of 4.3 percent
Economy
Türkiye maintains monetary tightening, raises interest rate to new heights
Bank said tightening measures nearing end of cycle
Economy
Central Bank of Egypt holds interest rates steady for third time in a row
Maintaining credit and discount rate at 19.75 percent
Economy
CBUAE report reveals strongest-performing sectors in Q3 of 2023
Real estate, tourism and aviation showed robust performance
Markets
Gold continues upward trend, surpasses $2,030 mark
Yellow metal set to record highest annual gains in three years
Banking & Finance
Saudi Arabia concludes €1 billion financing deal with Italy’s SACE
Strengthening trade and investment relations between the two countries
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