economy
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
Dubai's journey to becoming a global digital capital exemplifies the power of visionary leadership, strategic planning, and relentless pursuit of innovation
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
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
