October 17, 2026

emiratespressreleases.net

CBUAE Maintains Base Rate at 3.65%

Abu dhabi: The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 3.65%. This decision aligns with the recent announcement by the US Federal Reserve to keep the Interest Rate on …

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Gold Tops US$5,000 Per Ounce First Time Ever

Sharjah: Gold prices reached a record high on Sunday, with the price per ounce surpassing the $5,000 threshold. Gold was trading at US$5,026 per ounce, while silver prices had reached US$100 on Friday for the first time in history.

According to Emir…

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Gold Tops US$5,000 Per Ounce First Time Ever

Sharjah: Gold prices reached a record high on Sunday, with the price per ounce surpassing the $5,000 threshold. Gold was trading at US$5,026 per ounce, while silver prices had reached US$100 on Friday for the first time in history.

According to Emir…

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Historic Winter Storm Sweeps Across United States

Washington: US President Donald Trump on Sunday described the winter storms sweeping across much of the United States as ‘historic’, as forecasters warned of record-low temperatures and potentially ‘catastrophic’ damage. The severe weather has left mo…

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