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Saudi Arabia’s US Treasury holdings rise over 6% to $134.8bn in January

the financial -
RIYADH: Saudi Arabia’s holdings of US Treasuries rose 6.22 percent from a year earlier to $134.8 billion in January, even as they declined from the...
Business

Saudi consumer inflation eases to 1.7% in February, lowest level in a year: GASTAT

the financial -
RIYADH: Saudi Arabia’s annual inflation rate slowed to 1.7 percent in February, the lowest level in a year, as stable food prices helped offset...
Business

Saudi listed healthcare firms post 18% revenue growth as expansion weighs on margins 

the financial -
RIYADH: The revenues of healthcare companies listed on the Saudi financial market achieved their highest growth rate in four years, continuing to record unprecedented...
Business

Peso at record lows, should UAE expats remit now?

the financial -
Philippine peso weakens sharply, raising value of UAE remittancesDubai: Filipino expats in the UAE are seeing stronger returns on every dirham sent home after...
Banking

UAE central bank support package lifts lenders shaken by Iran war

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DUBAI: Shares of UAE-listed banks jumped on Wednesday after the Central Bank of the UAE announced ​measures to support their liquidity as the Iran...
Banking

UAE residents face ‘higher for longer’ borrowing costs with US to delay rate cuts

the financial -
US rate outlook suggests mortgages and loans in UAE may stay elevated for longerDubai: Interest rates in the UAE are likely to remain elevated...
Economy

Indian rupee, Pakistani rupee and Philippine peso stay soft, lifting dirham value for expats. Remit now?

the financial -
Dubai: Soft Asian currencies continue to give UAE expatriates more value for every dirham they send home, with the Indian rupee, Philippine peso and...
AI & Technology

AI is already deciding your bank calls, flights and bills in the UAE

the financial -
Experts warn AI decisions must remain transparent as adoption acceleratesDubai: Artificial intelligence is already playing a major role in how customers interact with banks,...
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