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The International Monetary Fund (IMF) on Tuesday upgraded the UAE’s economic growth forecast to 3.1 per cent for 2021 in its latest World Economic Outlook released on Tuesday, as compared to 1.3 per cent in October 2020.
A high-level delegation of UAE Banks Federation (UBF) Compliance Committee, led by UBF Director-General Jamal Saleh, held a meeting with Paul Ahern, Principal Deputy Assistant Secretary,
The interest rates charged by the Emirates Inter-Bank Offered Rate (EIBOR) jumped across all terms post the Central Bank of the UAE increased on Thursday its base rate applicable to the overnight deposit facility (ODF)
Cryptocurrency companies will need a licence and customer safeguards to issue and sell digital tokens in the European Union under groundbreaking new rules agreed by the bloc to tame a volatile “Wild West” market.
Global manufacturing struggled in June as higher prices and a darker economic outlook left consumers wary of making purchases, while China’s strict COVID-19 lockdowns and Russia’s invasion
Retailers in the Gulf countries are adopting technology and innovation to adapt to the new norm where well-informed and demanding customers want better experience in shopping