Seoul: The Republic of Korea’s foreign reserves increased in February, marking the first rise in three months. This growth was attributed to investment returns and the issuance of Exchange Stabilisation Fund (ESF) bonds denominated in foreign currency…
Beijing: China has announced its economic growth target for 2026, aiming for a range between 4.5 percent and 5 percent. This target was outlined in a government work report submitted to the country’s top legislature for deliberation. The report emphas…
Dubai: The Dubai Financial Audit Authority has organised roundtable sessions with the participation of representatives from entities subject to its oversight, as part of its ongoing efforts to strengthen institutional dialogue and entrench a participa…
Dubai: EDGE Group has signed a Letter of Intent with the Ministry of National Defence of Ecuador to deliver a major security infrastructure programme focused on modernising surveillance systems and strengthening border protection capabilities. The agr…
Dubai: The OPEC Fund for International Development (The OPEC Fund) has committed a record $3.2 billion to development operations in 2025, marking the highest annual volume in the institution’s history and a 39 percent increase from the previous year. …
Brussels: Belgium’s budget deficit widened further in 2025, reaching an estimated 5.3 percent of GDP, while public debt climbed to around 107 percent of GDP, according to a new report by the National Bank of Belgium (NBB). The bank warned that additio…
Abu dhabi: Khaled Mohamed Balama, Governor of the Central Bank of the United Arab Emirates (CBUAE), affirmed that the UAE’s banking and financial sector continues to demonstrate the highest levels of resilience and stability. He noted that banks, fina…
Abu dhabi: Etihad Water and Electricity (EtihadWE) confirmed that its operational activities continue to run normally, in accordance with approved response plans and precautionary operational procedures, in light of the current regional circumstances….