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ABU DHABI: The value of gold reserves held by the Central Bank of the UAE (CBUAE) reached AED20.619 billion by the end of May 2024, marking a year-on-year (YoY) growth of 19.7 percent from AED17.219 billion in May 2023.
The apex bank, in its Monthly …
ABU DHABI: The Central Bank’s statistics showed that the value of cheques cleared using Image Cheque Clearing System (ICCS) reached AED 544.4 billion, distributed over 9.33 million cheques during the first five months of 2024.
According to the Monthl…
Bethlehem Ma’an – Observers expect the dollar to cross the 4 shekel threshold, in the event of a wide-scale conflict in the region, in addition to financial fluctuations in world markets.
Amid market turmoil and security tensions in Israel, the Tel A…
Doha: The general index of Qatar Stock Exchange (QSE) fell below the 10,000-point mark at the beginning of trading on Monday, reaching 9,885 points after dropping 172 points, or 1.71%, compared to the closing of Sunday’s session, affected by declines …
Ramallah – Ma’an – Bank of Palestine, in partnership with the Welfare Association, has contributed to providing potable water for hundreds of families affected and displaced in shelters in the northern Gaza Strip, who are suffering from water scarcity…
ABU DHABI: International Holding Company (ADX), the global diversified Abu Dhabi-based conglomerate, has formed Rorix Holdings, a groundbreaking global finance and trade facilitation company focused on financial services, trade finance, advisory, comm…
Ramallah – Ma’an – Bank of Palestine, in partnership with the Welfare Association, has contributed to providing potable water for hundreds of families affected and displaced in shelters in the northern Gaza Strip, who are suffering from water scarcity…
Gold prices drifted higher on Monday, aided by worries that the US could be headed for a recession and rising bets that the Federal Reserve will likely need to start cutting interest rates aggressively.
Spot gold rose 0.14 percent to USD 2,446.83 per…
Abu Dhabi:The United Arab Emirates has extended its solidarity to Zimbabwe in the aftermath of a helicopter crash that caused