Saudi Arabia is keeping the financial markets guessing whether it intends to revalue its currency or leave it pegged to
Saudi Arabia controls in excess of SR2 trillion in net foreign assets and this provides a good cover for its massive
The Indian rupee opened weaker on Thursday, depressed by the general US dollar strength and the impending oil payments,
While India basks in the glory of Commonwealth Games and a rapidly growing economy, Indian expatriates in the Gulf and,
President Nicolas Sarkozy of France will begin today a two-day state visit to the UAE. President His Highness Sheikh
Swiss-based Orascom Development Holding (ODH) has been approved to list Egypt's first depositary receipts on the
British Prime Minister David Cameron, on a tour to the UAE on Monday, said the Emirates is a strategic partner of the
Abu Dhabi Islamic Bank (Adib) has launched the country's first 24-hour counter service. Its branch at Abu Dhabi
The UAE Central Bank (CB) yesterday used the launch of an updated website to renew its commitment to the dirham's peg
China is committed to improving its exchange rate system based on domestic and international economic conditions, a
China, the world's biggest holder of foreign exchange reserves, renewed its commitment to the US Treasury market
China's foreign-exchange reserves rose by the most in four months in March, suggesting a renewed appetite from overseas