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23 July 2024

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ADX 'not reliant on foreign funds'

The Abu Dhabi Securities Exchange (ADX) remains in a strong position in the long term because it is not reliant on

Emirates NBD FX research ranked best in region

Emirates NBD has announced that its foreign exchange forecasting has been ranked within the top 10 for four of the


Bangladesh bans import of new oil-fired power plants

Bangladesh on Thursday banned the import of new oil-fired turn-key electricity generators, citing foreign exchange

Brexit effect in UAE: Dubai forex dealers up service rates on pound

The trillion-US dollars per day foreign exchange market is witnessing speculation and forward booking, with foreign


S&P plans to create second Gulf ETF

Standard and Poor's plans to help launch the Gulf region's second exchange-traded fund (ETF) this or next year in

NRI alert: Your remittance to India is set to get more expensive

Remittances by Indian expats in the UAE and elsewhere in the world may get more expensive after a recent circular

Filipino wins Dh1m in Al Ansari Rewards

Al Dizon Bansil, a Filipino based in Sharjah has been announced as the winner of the AED 1 million grand prize of this

Al Ansari Exchange to hire 500 for 50 new branches... details

The UAE-based foreign exchange and money transfer firm Al Ansari Exchange aims to expand its presence across the UAE by

Will Indian rupee hit Rs17 vs UAE dirham?

The Indian rupee opened weaker on Thursday, depressed by the general US dollar strength and the impending oil payments,

Indians feel the pinch as rupee hits 6-month high

While India basks in the glory of Commonwealth Games and a rapidly growing economy, Indian expatriates in the Gulf and,


Merger volume jumps to $187bn in US

The merger and acquisition volume in the US jumped to $186.99 billion (Dh687bn) in July, the fifth straight month of

Saudi Arabia keeps markets guessing on revaluation

Saudi Arabia is keeping the financial markets guessing whether it intends to revalue its currency or leave it pegged to