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The reserves surged by 14.4 percent
The market anticipates four ECB rate cuts, first in June
Education again saw the highest cost inflation at 104 percent year-on-year
PMI data shows growth in export orders, slow employment decline
China and U.S. demand boost prices amid Middle East conflict
The data center projects will boast a total capacity of up to 1,000 megawatts
The UAE's historic score of 7.7 sets a new record, making it the highest in the history of the report
This figure surpassed the previous peak of $17.57 billion in 2018
Globally, spot gold remained stable at $2,195.34 per ounce
The government's price reduction plan is set to ease burden on citizens
Oil revenues surge by 15 percent to $53.31 billion
TCMB raised key interest rate from 45 percent to 50 percent
The bank’s committee is worried as wage growth outpaces inflation at 6 percent
Resurgence of copper rally takes center stage, PMIs come into focus
Fed, PMIs awaited for more economic cues
One such landmark deal is the historic $35 billion investment agreement with Egypt for the development of Ras Al Hekma
Sheikh Mohammed bin Rashid chaired UAE Cabinet meeting, reviewing accomplishments of industrial sector
From abysmal lows to historic highs and rapid descends, Bitcoin is doing what it does best
CPI rose YoY by 2.70 percent compared to February 2023
The rating reflects minimal default risk, strong ability to meet financial obligations
The CBUAE has demonstrated its commitment to promoting economic and financial stability within the country
The recent attacks on refineries added a risk premium of $2-$3 per barrel to crude prices
Under the aid package, Egypt will receive a combination of grants and loans over the next three years
The non-oil sector investment is key to sustaining 3.3 percent annual GDP growth over 2024-2027, the report says
