Central Bank

Gold prices rise as investors await U.S. interest rate cuts

Uncertainty looms as investors navigate economic data and central bank decisions

European banks enter 2024 bolstered by strong profit growth

Lenders expected to experience adverse effects of rising interest rates

Indicators suggest gold will maintain strength in 2024

Metal likely to remain within specific range but exhibit some volatility

U.S. dollar decline triggered by speculation of Fed rate cut

China's interest rate stabilization impacted U.S. dollar, Yuan

What will the Federal Reserve decide at its January 31 meeting?

Economic data outlines the framework for the U.S. Central Bank’s action

UAE Islamic T-Sukuk record AED9.39 billion in bids

The auction value recorded 2.8 billion, oversubscription grows 3.35 times

Oman’s Sohar International Bank expands into Saudi Arabia

Fostering economic growth and collaboration between the sultanate and Saudi Arabia

Türkiye’s bold minimum wage hike spells trouble for inflation

A 49 percent surge in monthly minimum wage could exacerbate inflation and strain businesses

CBUAE issues rules to regulate short-term credit services

Amending regulations to regulate the growing 'Buy Now, Pay Later' financing offers

CBUAE raises its GDP growth forecast to 5.7 percent for 2024

Increase compared to its previous forecast of 4.3 percent