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The Bank of England announced on Thursday it increased interest rate to 4.25 percent in its 11th consecutive step taken since December 2021 to curb inflation rate standing at 10.4 percent.In a press statement, the bank’s monetary policy committee said …
The Central Bank of UAE (CBUAE) jointly held a signing ceremony with G42 Cloud and R3 to mark the implementation of the CBUAE Central Bank Digital Currency (CBDC) Strategy, one of the nine initiatives of the CBUAE’s Financial Infrastructure Transformat…
The main Saudi Stock Index (TASI) ended trading today up, gaining 95.88 points, to close at 10446.39 points, with deals worth SR 4.4 billion.According to Saudi Press Agency (SPA), the number of traded shares amounted to SR 128 million shares, in which …
The Energy Police detachments seized three vehicles for smuggling oil derivatives, and two violators in Baghdad and Basra.A statement by the Ministry of the Interior stated, based on the intelligence information received at the Oil Police Station south…
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