ABU DHABI: The foreign assets of the UAE Central Bank (CBUAE) increased by 2.55 percent during April, reaching AED 750.29 billion at the end of the month, compared to AED 731.62 billion at the end of March.
Thus, the CBUAE has added more than AED 176…
The pound sterling rose against the dollar Thursday, against the backdrop of receding expectations for an August rate cut from the Bank of England.
The dollar fell a touch although moves were largely subdued ahead of a US inflation report due later i…
SHENZHEN: China’s promotion of high-level institution-based openness in finance has been providing foreign financial companies with more opportunities as they keep improving and rolling out new services for consumers in the country’s vast market, said…
DUBAI: Emirates General Petroleum Corporation (Emarat) has announced a new agreement with the Emirates Airline group to supply aviation fuel for its cargo operations at Al Maktoum International Airport.
The agreement is the first of its kind between …
Muscat: The Muscat Stock Exchange (MSX) general index (30) closed Wednesday at 4,692,65 points, up by 2.8 points, or 0.06 percent, compared to the last trading session, which closed at 4,689,88 points.
The trading value reached OMR 1,283,000, a decre…
SHENZHEN: China’s promotion of high-level institution-based openness in finance has been providing foreign financial companies with more opportunities as they keep improving and rolling out new services for consumers in the country’s vast market, said…
ABU DHABI: Gross banks’ assets, including bankers’ acceptances, increased by 1.0 percent from AED 4,254.5 billion at the end of March 2024 to AED 4,296.5 billion at the end of April 2024, according to the Monetary and Banking Developments issued by …
China’s production and sales of new energy vehicles (NEVs) continued to maintain rapid growth in the first six months (H1) of this year, with the NEV market share steadily increasing in the domestic market.
During the period, the production of NEVs r…