Picture used for illustrative purpose only.
The European Central Bank must be prepared to take the heat and raise interest rates further, including by more than the market expects, if that is needed to bring down inflation,
The European Central Bank (ECB) raised interest rates on Thursday for the first time in 11 years by a larger-than-expected amount, joining steps already taken by the US Federal Reserve
Eurozone inflation slowed more than expected last month, a growing headache for European Central Bank policymakers who already worry that price growth is ‹uncomfortably below' their target.
The relationship between the United Arab Emirates and Kuwait is an exceptional example of two countries eager to enhance cooperation across various fields, including the financial sector.
Navitus Parfums, the niche luxury perfumery brand imagined in the UAE and crafted by world-class master perfumers from France, officially launched in the UAE on Thursday.
ADQ, an Abu Dhabi-based investment and holding company, has unveiled plans to invest US$35 billion in Egypt. ADQ will acquire the development rights for Ras El-Hekma for $24 billion