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The Central Bank of the UAE (CBUAE) on Saturday signed a Memorandum of Understanding (MoU) with the Dubai Islamic Economy Development Centre (DIEDC) to reinforce and expand the reach of...
Abeer Abu Shammaleh, Staff Reporter The total value of national banks’ assets rose by around 0.7 per cent on a monthly basis in July to Dhs2.8 trillion, up from...
The 10-year swap rate on the Dirham has steadied at 1.6 per cent by the end of H1-2020, only rising to 1.9 per cent during the first week of June...
Russia’s central bank (CB) kept rates unchanged at a record low, deciding against further rate cuts as inflation accelerates and risks rise of fresh sanctions against Moscow, but said a...
Abdulhamid Saeed Alahmadi, Governor of the Central Bank of the UAE (CBUAE), has said that in light of the COVID-19 pandemic, central banks across the globe have played a fundamental...
Abdulhamid M. Saeed Alahmadi, Governor of the Central Bank of the UAE (CBUAE), participated as a lead speaker at the Meeting of Governors from Major Emerging Market Economies organised by...
Hungary’s recovery from the coronavirus pandemic will likely be slower than previously expected, two central bank (CB) sources told Reuters, adding that the bank was nearing its limits with tools...
Australia’s central bank (CB) kept key rate at 0.25%, in a widely expected move, but surprised markets by increasing the size of its term funding facility to around A$200 billion...
Mexico’s economy could contract by almost 13% this year, the central bank (CB) warned, after gross domestic product (GDP) data showed the pandemic lockdown had thrown the country into the...
South Korea’s central bank (CB) kept interest rates steady on Thursday, but sharply downgraded its 2020 growth outlook and kept the door open for more monetary stimulus to support an...