2023-09-23 18:17:15 Live: Two officials at the US Federal Reserve explained that at least one more interest rate increase is possible, and that there is a need for high borrowing costs to continue for a longer period so that the bank can reduce inflation to return to its 2% target. Boston Federal Reserve Bank President … Read more
2023-09-20 12:27:46 Muhammad Shaker – Mubasher: The shares of 6 companies listed in the UAE financial markets, at the end of Wednesday’s trading session, acquired 49 percent of the liquidity achieved by the Dubai and Abu Dhabi stock exchanges. Based on data from the UAE financial markets, the trading values of the six stocks recorded … Read more
2023-09-19 09:58:55 Abu Dhabi – Mubasher: Quasi-cash deposits in the UAE rose last July by 22 percent on an annual basis. According to data issued by the Central Bank of the Emirates, quasi-cash deposits reached 1.077 trillion dirhams last July, compared to 885.4 billion dirhams in July 2022, an increase equivalent to 191.7 billion dirhams. … Read more
2023-09-16 20:29:02 Live: Oil prices increased to their highest level during the year this week, continuing their rise, which strongly highlighted the possibility of returning to the level of $100 per barrel before the end of this year, according to the expectations of some analysts. Oil contracts have risen sharply this month so far, achieving … Read more
2023-09-15 09:31:22 Even with a short commitment period, the effect is significantly higher than with daily balances Vienna (OTS) – The ECB interest rate statistics published by the Oesterreichische Nationalbank (OeNB) show a sometimes significant increase in interest rates for savings accounts in Austria. On average, newly concluded tied deposits from private households had an … Read more
2023-09-14 05:18:08 Abu Dhabi – Mubasher: Bank deposits in UAE banks increased by 0.5 percent last July, by 10.9 billion dirhams, or the equivalent of 351.6 million dirhams per day. A report issued by the UAE Central Bank indicated the growth of bank deposits in state banks during the first seven months of this year … Read more