Gold prices rose Tuesday after statements by Chair of the Federal Reserve (US central bank) Jerome Powell strengthened the justifications for lowering interest rates in September 2024, while investors await more US economic data for other indicators a…
Al Maryah Community Bank (Mbank), a digital bank in the UAE, has announced its collaboration with First Abu Dhabi Bank (FAB) to expand Mbank’s geographical network.
In a statement on Tuesday, Mbank said that the strategic collaboration aims to integr…
Doha: The general index of Qatar Stock Exchange (QSE) dropped 7.01 points, or 0.07 percent, at the beginning of trading on Tuesday, reaching 10,189 points, compared to yesterday’s closing.
QSE general index was weighed down by a decline in three sect…
China’s central bank conducted 676 billion yuan (USD 94.77 billion) of seven-day reverse repos at an interest rate of 1.8 percent Tuesday.
The central bank said that the move aims to offset the impacts of tax period and keep liquidity reasonable and …
ABU DHABI: The value of gold reserves of the Central Bank of the UAE (CBUAE) reached AED20.36 billion by the end of April 2024, marking a year-on-year (YoY) growth of around 12 percent from AED18.147 billion in April 2023.
The apex bank, in its lates…
South Korea’s exports of information and communication technology (ICT) products rose for the eighth consecutive month in June, thanks to solid demand for chips, data showed Monday.
Outbound shipments of ICT products came to US$21.05 billion last mon…
Doha: The Qatar Chamber (QC) signed Monday a Memorandum of Understanding (MoU) with the Regional Network Consultancy (ANC), a member of the Regional Network for Social Responsibility (CSR), for cooperation in training courses.
Director of the Departm…
ABU DHABI: Following the twenty-first meeting of the Higher Committee Overseeing the National Strategy on AML/CFT, which was chaired by H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, on 10th July, 2024…
