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23 July 2024

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'GCC must be lauded for resisting depeg pressure'

Gulf monetary authorities gained credibility by resisting market pressure to end the peg between their currencies and


Emirates member of world's most important rising economies club

Under the union, the UAE economy has transformed from a small one solely relying on oil to one of the most important


Greenback’s strength against pound to help imports

  UAE companies must hedge their imported British products until the end of next year to take advantage of a new record

Foreign investors adopt long-term view on UAE stocks

Foreign investors are set to continue increasing their holdings of leading active stocks on Dubai Financial Market (DFM

Foreign investors continue selling on Gulf bourses

Most Gulf Arab stock markets fell in low-volume trading yesterday as foreign investors exiting emerging markets


Lebanon's credit ratings upgraded to B from B-

Capital Intelligence, the international credit rating agency, said it had upgraded ratings of Lebanon and six of the


Foreign buying pushes Pakistani stocks to new high

  Pakistan's benchmark stock index closed above 15,000 points for the first time on Tuesday, as foreign investors


Masraf raises ceiling on foreign investment to 49%

  Qatari Islamic bank Masraf Al Rayan is raising the ceiling on foreign investment in its stock to 49 per cent from

17th Forum of UAE ambassadors, representatives of missions abroad begins tomorrow

The 17th forum of UAE ambassadors and representatives of missions abroad, organised by the Ministry of Foreign Affairs


Cloudy outlook for DFM value

(LIZ RAMOS)      Analysts are divided over the outlook for Dubai Financial Market stock, with local brokers predicting

Yuan to face pressure from dollar next year

The State Information Centre, a top government think tank, warned in a report published in an official newspaper that


Dubai is first from Arab World to join top three 'platform cities'

Dubai has become the first Arab city to be recognised as one of the world's top three "platform cities" from which to