UAE targets AED2.56t in Islamic banking assets by ’31
The UAE’s newly approved Islamic Finance and Halal Strategy is expected to significantly accelerate the growth of…
Author
Maersk sees steep drop in US-China container volumes
Maersk reported a steep 30–40 per cent plunge in container volumes between the US and China in April due to…
Oil rises on Thursday
Oil prices rose slightly on Thursday, recovering from a sharp fall in the previous session, as hopes for progress…
Morocco’s stock exchange to launch derivatives market within weeks
Morocco's Casablanca Stock Exchange (CSE) plans to launch a derivatives market in the coming weeks to boost…
Qatar holds key interest rates steady
Qatar Central Bank has kept its key interest rates unchanged after a policy review. The QCB Deposit Rate (QCBDR) at…
CBUAE maintains base rate
UAE’s Central Bank (CBUAE) kept the Base Rate for the Overnight Deposit Facility steady at 4.40 per cent, mirroring…
Egypt delivers 1.4m tons of wheat; EGP 3b disbursed to cotton farmers: Cabinet
Egypt has received 1.4 million tons of domestically grown wheat so far this season, with deliveries expected to…
EGX closed in red area on May 7
The Egyptian Exchange (EGX) closed lower on Wednesday, with the benchmark EGX30 index shedding 1.38 per cent,…
Ghana inflation eases in April ’25
Ghana’s annual consumer inflation slowed for the fourth consecutive month in April to 21.2 per cent, down from 22.4…
US, China to hold high-level trade talks in Switzerland
Top US officials, including Treasury Secretary Scott Bessent and trade negotiator Jamieson Greer, will meet Chinese…
AfDB 2023