October 4, 2026

Trading

Dollar Wavers ahead of US Fed Policy Meeting

The dollar wavered on Wednesday, while the yen regained some lost ground as investors made lastminute tweaks to positions ahead of the Federal Reserve’s policy meeting expected to initiate a US easing cycle.

The US Federal Reserve is expected to make…

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CORRECTION: ADX named Best Islamic Stock Exchange 2024

ABU DHABI: Abu Dhabi Securities Exchange (ADX) has received the award for Best Islamic Stock Exchange 2024 by the Global Islamic Finance Awards (GIFA).

The GIFA award committee recognised ADX for its efforts and contributions to the Islamic finance s…

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Saudi Central Bank Slashes Rates by 50 bps

Saudi Arabia’s Central Bank announced Wednesday it slashed the repurchase agreement (repo) rate by 50 basis points to 5.50 percent, and the reverse repo rate by 50 basis points to 5.00 percent.

A statement from the bank said the move comes in line wi…

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