by finance_admin | December 1, 2024 | Banking, Currencies, Economy, Finance, News
Investors await central bank decisions from the UK, Switzerland, and Norway amidst steady currency movements The British pound held broadly steady on Thursday as markets awaited a rate decision from the Bank of England (BoE) later in the day. The dollar was similarly...
by finance_admin | December 1, 2024 | Commodities, Markets, News
Spot gold rises 0.6% to $2,341.15 per ounce amidst softer U.S. economic data and rate cut expectations Gold prices reached a two-week high on Thursday as weaker U.S. economic data fueled expectations of interest rate cuts by the Federal Reserve this year. As of 0512...
by finance_admin | December 1, 2024 | Breaking, Fintech, Mergers & Acquisitions, News
Abu Dhabi Islamic Bank (ADIB) partners with DIFC Innovation Hub to accelerate FinTech adoption Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has announced a strategic collaboration with the DIFC Innovation Hub, the premier financial...
by finance_admin | November 29, 2024 | News
Dubai has announced two days of free parking in celebration of the UAE National Day holiday, giving residents a little extra convenience during this festive time. Monday and Tuesday, December 2 and 3, all public parking will be free of charge, except for multi-storey...
by finance_admin | November 29, 2024 | News
Recent studies throughout the MENA region reflect the UAE’s solidified position as the hub of economic stability and professional growth and as the country continues to attract an influx of professionals from across the Middle East and North Africa (MENA); recent data...
by finance_admin | November 29, 2024 | News
Dubai will introduce new premium parking fees, to be implemented in March 2025, as announced by Parkin PJSC. The premium parking spaces will be charged at AED6 per hour during peak hours, from 8 am to 10 am and 4 pm to 8 pm. For other public paid parking areas, the...