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Globally, prices continued to rise above the mid-$2,150 mark
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
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
Under the aid package, Egypt will receive a combination of grants and loans over the next three years
The improved projection is driven by the 2.1 percent growth surge anticipated in the U.S.
Program to streamline and simplify government services while reducing turnaround times
Subcategory prices for housing, water, electricity, gas, and fuels rose 8.5 percent YoY
The ministry of commerce reported an increase in commercial registrations across various sectors
Retail and wholesaling sectors drive 0.2 percent monthly growth
Private investments are estimated to reach approximately 63 percent of the total
Sharp rise in food and beverage prices is key driver of inflation uptick
Bahrain's Golden License aims to drive business attraction and economic growth
The agency also affirmed Egypt's foreign-currency senior unsecured ratings at Caa1
Egypt's international bonds surged after CBE’s announcement
