Gold falls over Dh50 from peak this month, UAE shoppers eye Eid buys
Gold prices in Dubai have dropped sharply from their March highs, opening a window for last-minute Eid shoppers looking to…
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Central Bank Of The United Arab Emirates Maintains Base Rate Unchanged At 3.65% Following Fed Decision
The Central Bank of the United Arab Emirates has announced its decision to maintain the Base Rate applicable to the…
UAE rejects false online rumours of capital movement restrictions
The UAE’s Ministry of Economy and Tourism has rejected rumours circulating on social media claiming that the country is imposing…
Bahrain's banking sector remains resilient, stable
The Bahrain Association of Banks (BAB) said the kingdom’s financial sector continues to demonstrate resilience and stability, supported by strong…
Egyptian pound settles near EGP 52 for $USD at Wednesday COB
The Egyptian pound has stabilized near EGP 52 to the dollar this week after sharp fluctuations triggered by the escalating…
Former EFG Private Banker Joins Swiss EAM JAR
A 30-year private banker and former EFG executive has joined Swiss external asset manager JAR as its vice chairman. …
UAE central bank launches resilience package for supporting stability of banking sector
The United Arab Emirates central bank says it has approved a comprehensive financial institution resilience package aimed at reinforcing the…
Egyptian banks seen resilient to Iran conflict shocks, Fitch says
Egypt’s banking sector is positioned to absorb the potential economic spillovers from the ongoing Iran conflict, supported by strong capital…
UAE Central Bank approves resilience package to support banking sector
The UAE’s Central Bank (CBUAE) approved, on Tuesday, a wide-ranging financial resilience package aimed at strengthening the banking sector and…
Australia-Saudi Business Chamber forms emergency committee to safeguard trade flows
The Australia-Saudi Business Chamber has formed an emergency working committee to explore measures aimed at maintaining trade continuity amid disruptions…
Wio Bank PJSC reports AED 61bln assets and record revenue of AED 1.24bln in FY2025
More businesses and individuals chose Wio as their primary bank, with customer deposits soaring to AED 57 billion Wio ranked…
Geneva CIO takes senior family office post at Barclays
Belal Mohammed Khan, who previously held several chief investment officer roles in Geneva, has taken a new role at Barclays…