Tag: News

Crypto

UAE investors turn millionaires, thanks to Bitcoin record surge after Trump win

the financial -
Dubai-based Dutch national Saajan Mangrey is a dollar millionaire – thanks to his timely investment in Bitcoin. The UAE resident bought 22 bitcoins at $535...
Business

UAE: Gold prices fall sharply, lose Dh6.5 per gram in 24 hours

the financial -
Gold prices in the UAE extended their losses on Tuesday morning, losing Dh2 per gram at the opening of the markets following D4.5 per...
Banking

Saudi Central Bank lowers benchmark rate by 25 bps following US Fed decision

the financial -
RIYADH: Saudi Arabia’s central bank has implemented its second interest rate reduction of 2024, lowering the benchmark by 25 basis points to 5.25 percent. This...
Banking

Saudi bank loans reach highest growth rate in 19 months, surpassing $761bn

the financial -
RIYADH: Saudi bank loans reached SR2.85 trillion ($760.84 billion) in September, representing an annual growth rate of 12.16 percent — the highest in 19...
Business

Biban 24 concludes with $9bn in deals, boosting Saudi Arabia’s SME sector

the financial -
Biban 24 marked a landmark achievement for Saudi Arabia’s entrepreneurial framework Several financing agreements were signed with local banks, amounting to over SR15 billion RIYADH: Agreements...
Business

UAE’s non-oil sector activity grows at fastest pace since April

the financial -
The pace of growth in UAE non-oil companies improved in October to the quickest since April, as firms often raised output in response to...
Economy

Remit now? Indian rupee at 22.9 per UAE dirham amid volatility trends ahead of US election

the financial -
The Indian rupee was largely flat on Thursday with volatility expectations signalling that the currency is expected to remain rangebound, even as its regional...
Business

Gold regains ground on dollar’s retreat as markets await Fed rate decision

the financial -
Gold prices rebounded from a three-week low on Thursday on the back of a weaker dollar and as investors awaited the U.S. Federal Reserve...
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Banking

UAE loan rates to rise? Escalating Iran-US conflict clouds next interest rate cut

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Surging crude prices test central bank plans and household...
Banking

Emirates NBD waives ATM withdrawal and debit card fees across UAE and GCC

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Bank removes charges on withdrawals and debit card replacements...
Business

Global Markets: Stocks set for tough week, oil eyes strong gains as Middle East war rages

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Oil prices set for largest weekly rise since Russia’s...
Business

Saudi POS spending rises 4.5% to $3.8bn in late February: SAMA

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RIYADH: Saudi Arabia’s point-of-sale spending rose 4.5 percent to SR14.5 billion ($3.8 billion)...
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When AI Speaks for Your Brand, Who Owns the Trust

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Trust Has Become a Strategic Asset In 2026, the question...

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