Saturday, March 02, 2024
Today's News
Saturday, March 02, 2024
Today's News

Tag: central bank

Central Bank takes steps to overcome economic impact of COVID-19, war in Ukraine

17 Apr 2023
Guv of Egypt's Central Bank Hassan Abdullah has actually revealed that Egypt has actually taken significant actions to relieve the effect of the COVID-19 pandemic as well as the Russian armed forces operation in Ukraine on the country's economic situation, adding that "we prepare to…
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Egypt’s core inflation at 39.5% in March from 40.26% in Feb: Central Bank

11 Apr 2023
Information given by the central bank of Egypt CAIRO: Egypt's core rising cost of living reduced to 39.5% in March from 40.26% in February, information from the central bank revealed on Monday. (Coverage by Jana Choukeir in Dubai; modifying by John Stonestreet). Egypt's headline inflation rate…
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Real GDP growth projected to expand by 4.3% in 2024: UAE Central Bank

28 Mar 2023
The Reserve bank of the United Arab Emirates has actually predicted the country's yearly genuine GDP development to expand by 4.3 percent in 2024. " After 3 quarters of high development, the UAE's economic climate maintained a strong footing in Q4 2022, mirroring a solid…
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UAE Central Bank announces launch of ‘The Digital Dirham’ strategy

24 Mar 2023
The UAE digital currency is a safe form of electronic cash issued and also assured by the reserve bank The Central Bank of the UAE (CBUAE) will be executing its Central Bank Digital Currency (CBDC) method titled 'The Digital Dirham'. In a joint finalizing ceremony…
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Central Bank of Oman hosts capacity-building workshop

14 Mar 2023
Muscat: Ability - Structure workshop, conducted at the Central Bank of Oman (CBO) started on Monday as well as is anticipated to continue till Tuesday, the 14th of February. The workshop, arranged by Islamic Financial Services Board (ISFB) focuses majorly on 3 locations: 1. Standards…
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Kuwait central bank expects little SVB impact on local lenders

13 Mar 2023
The Kuwait Reserve bank towers are imagined over the typical Dhow harbor as transaction and also institutional lending for Gulf have actually frozen, complying with an outbreak of coronavirus illness (COVID-19), in Kuwait City, Kuwait March 18, 2020. Kuwait's reserve bank claimed on Sunday there…
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Saudi deposits $5 billion in Turkey’s central bank

07 Mar 2023
Saudi Arabia claimed Monday it was transferring $5 billion in Turkey's reserve bank, a possibly major increase as the nation comes to grips with rising cost of living as well as damage from last month's earthquake in advance of governmental political elections. Ahmed Al Khateeb,…
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UAE Central Bank fines company $490,000 for violating anti-money laundering law

03 Feb 2023
Financial entity condemned of repeated failings because of a weak conformity culture The UAE Reserve bank has enforced a penalty of Dh1.8 million ($490,129) and more stringent conformity requirements on a financing business for breaching the country's legislations on anti-money laundering as well as counter-terrorism…
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US Federal Reserve sticks to 0.25% in 2023’s first rate hike; UAE central bank matches it

02 Feb 2023
US central bank raises by 0.25%, Gulf's customers, organizations have much more changes to do The US Federal Reserve has actually delivered its very first interest rate hike of 2023, and also as was extensively expected, limited the boost to 0.25 percent-- it's cheapest considering…
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Saudi Arabia’s central bank issues draft banking system for public consultation

27 Jan 2023
Saudi Arabia's central bank is seeking the public's views on a series of economic system reforms, consisting of enabling establishments that approve credit history to be classified as 'banking companies'. The new structure being proposed would certainly additionally see the term apply to those outside…
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Culture & Life Style
Free eSIM Activation in UAE: Step-by-Step Guide for du and Etisalat by e& Users
08 Feb 2024
Free eSIM Activation in UAE: Step-by-Step Guide for du and Etisalat by e& Users
Mobile users in the United Arab Emirates (UAE), both du and Etisalat have announced the launch of free eSIM activation services, providing customers with greater flexibility and convenience in managing…
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Building a Strong Immune System: Your Key to Optimal Health
Building a Strong Immune System: Your Key to Optimal Health
In a world filled with various health concerns and challenges,…
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The Health Benefits of Dried Fruits
The Health Benefits of Dried Fruits
Dried fruits also referred to as dry fruits or nuts,…
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World Heart Day: Taking Steps towards a Healthier Tomorrow
World Heart Day: Taking Steps towards a Healthier Tomorrow
Every beat of our heart is a testament to life's…
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Entertainment
Saudi Lawyer Wins $1 Million in Dubai Duty Free Draw
Saudi Lawyer Wins $1 Million in Dubai Duty Free Draw
Jawaher Alamoudi, a 30-year-old lawyer from Saudi Arabia, is celebrating after winning $1 million in…
Koffee With Karan: Navigating Predictability in Bollywood’s Talk Show Landscape
Koffee With Karan: Navigating Predictability in Bollywood’s Talk Show Landscape
Once known for its edginess and buzz, Koffee With Karan appears to be veering towards…
Punjabi Pop Triumph: Ali Sethi’s Mesmerizing Night at Dubai Opera
Punjabi Pop Triumph: Ali Sethi’s Mesmerizing Night at Dubai Opera
On the illustrious night of November 11, the vibrant echoes of Punjabi pop resonated through…
Exploring Culinary Excellence: The Best Top 10 Restaurants in Riyadh
Exploring Culinary Excellence: The Best Top 10 Restaurants in Riyadh
Riyadh, the capital city of Saudi Arabia, is a thriving metropolis with a rich cultural…
Christina Karam hits winning note with songs for Egypt
Christina Karam hits winning note with songs for Egypt
Increasing celebrity uses music to advertise country's appeal in 'Egypt Deserves' project A rising star…
Miss World: A brief history, including controversies, criteria and famous winners
Miss World: A brief history, including controversies, criteria and famous winners
The contest, established in 1951, is the longest-running worldwide charm contest Model from around the…
Rihanna dons custom Alaia coat for Super Bowl performance, reveals pregnancy
Rihanna dons custom Alaia coat for Super Bowl performance, reveals pregnancy
Pop as well as R&B super star Rihanna made a grand go back to the…
Georgina Rodriguez is the new face of Italian luxury label Elisabetta Franchi
Georgina Rodriguez is the new face of Italian luxury label Elisabetta Franchi
DUBAI: Argentine version Georgina Rodriguez, who now stays in Saudi Arabia, is the new worldwide…
‘Paper Planes’ rapper M.I.A. joins Wireless Abu Dhabi line-up
‘Paper Planes’ rapper M.I.A. joins Wireless Abu Dhabi line-up
British rap artist M.I.A. is the most recent enhancement to the line-up set to descend…
1309 Studios founder Ghada Al-Subaey talks Arab representation, dressing Georgina Rodriguez
1309 Studios founder Ghada Al-Subaey talks Arab representation, dressing Georgina Rodriguez
Qatar-based ready-to-wear label 1309 Studios, started by business owner Ghada Al-Subaey, has actually been garnering…
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