COP28: “Loss and Damage” fund could operate in 3 months, World Bank says
The World Bank's Senior Managing Director, Axel van Trotsenburg, said that the Fund for Compensation to...
UAE issues new AED 500 banknote
UAE’s Central Bank has issued a new AED 500 polymer note, which is issued in the...
UAE waives 1,244 people’s debts worth more than $107 million
The UAE's Defaulted Debts Settlement Fund announced the discharge of 1,244 persons from debts totaling AED394,586,000,...
Gold price hits six-month high
Gold prices rose on Wednesday and hit the highest level since May, as Fed officials' comments...
Chinese yuan recovery gains momentum
The Chinese yuan is set to gain momentum by the end of this year due to...
Tajikistan intends to borrow $1.4 billion
Tajikistan plans to borrow more than $1.4 billion over the next three years, despite a considerable...
Saudi Arabia to raise $11 billion from syndicated loan to help fund deficit, Bloomberg reports
Saudi Arabia raised $11 billion through a joint loan as it sought to finance the budget...
Kyrgyzstan’s microfinance loans increases by 12%
Kyrgyzstan's credit companies issued Microfinance loans of about 37 billion som to 533 thousand people from...
China’s yuan jumps to 4-month high
The Chinese yuan surpassed its daily benchmark exchange rate for the first time in four months,...
Uzbekistan’s gold exports hit record high
Uzbekistan's foreign trade volume, from January to October 2023, reached $50.93 billion, an increase of $10.26...
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