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Bank credit to the private sector rose by 3.4 percent to OMR26.3 billion
China's central bank held back on buying gold for a fourth month in a row in August, according to official data
Brent crude futures rose by 99 cents, or 1.39 percent, to $72.05 per barrel
The possibility of a 50-basis-point rate cut by the Federal Reserve this month has risen from 34 percent last week to 41 percent
In Q2, demand for trade credit remained strong, with a greater appetite for lending
The central banks will share expertise and resources to address challenges and boost economic development
Traders are on the lookout for the ADP employment report and jobless claims data due later in the day
By the end of May, these banks had elevated their equity investments to AED16.1 billion
So far this year, gold prices have gained over 29 percent, rising to a record high of $2,531.60 on August 20
Growth is stabilizing, the current account deficit is narrowing, risk premiums are down, says minister
Gold prices may rally if reports signal a weaker economy and the Fed considers a larger rate cut
The U.S. personal consumption expenditures (PCE) price index rose 0.2 percent in July, in line with expectations
The bills included QAR300 million for a 7-day term (Tap Issuance) at an interest rate of 5.7815 percent
This $299.49 million auction is part of the Islamic T-Sukuk issuance program for August 2024
Gold prices gained almost 3 percent in the last 30 days, marking their second consecutive monthly gain
Brent oil futures for October rose 0.2 percent to $80.08 a barrel
Traders priced in a 65.5 percent chance of a 25-basis-point cut and a 34.5 percent chance of a bigger 50-basis-point reduction
Brent oil futures for October delivery dipped slightly to $78.62 a barrel
Markets now await the release of the U.S. PCE data, the Federal Reserve's preferred measure of inflation, on Friday
Egypt's economic growth to increase to around 5.5 percent as structural reforms to strengthen the business climate pay off
Traders now see a 70 percent chance of a 25-basis-point rate cut and about a 30 percent chance of a bigger 50-basis-point reduction
Term deposits exceeding 12 months recorded AED44.48 billion at the end of May, up by 0.52 percent
The dollar hovered near its lowest level in 13 months, making gold cheaper for other currency holders
Brent oil futures for October delivery advanced 0.8 percent to reach $79.59 per barrel
