Trading

UAE Cuts Benchmark Interest Rate to 3.65%

Abu dhabi: The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, from 3.90% to 3.65%, effective from Thursday, 11 December. This move aligns with changes in monetary…

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Italy Retail Sales Rise in October 2025

Rome: Italy’s retail sales increased 0.5 percent month-on-month in October 2025, surpassing the forecast of 0.4 percent, according to the Italian National Institute of Statistics (Istat).

According to Emirates News Agency, the Italian News Agency (A…

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Saudi Arabia’s GDP Rises 4.8% in Q3 2025

Abu dhabi: Saudi Arabia’s real GDP grew by 4.8 percent in the third quarter of 2025 compared to the same period last year, the General Authority for Statistics (GASTAT) revealed.

According to Emirates News Agency, all economic activities recorded ye…

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