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Uae Currency Dirhams

UAE central bank chief says to keep currency peg to dollar

UAE dirham edged down to its lowest level against the dollar in over a year in the one-year forwards market last week

November 30, 2014 3:16
Should you go for gold?

Should you go for gold?

Demand for gold has increased tenfold in the last decade while the dollar continues to drop as it floods the market. Will this mean a return to the Gold Standard?

March 27, 2012 4:25
Dubai’s Emirates NBD eyes 5-year benchmark dollar bond

Dubai’s Emirates NBD eyes 5-year benchmark dollar bond

Emirates NBD, Dubai's largest lender by market value, has picked banks to arrange a new five-year dollar bond which could price as early as Wednesday, lead managers said on Wednesday.

March 21, 2012 2:04

UAE Central Bank governor says US Treasuries unattractive

UAE's Al-Suwaidi sees UAE 2011 GDP at 3.5-4 percent; Expects UAE inflation lower than 3 percent

June 27, 2011 12:09

Iran aims to get rid of dollar, euro -report

To be replaced with the currency of "any other country that would cooperate with us."

August 9, 2010 4:25

UAE dollar peg to remain

Sheikh Mohammad says the UAE will avoid a GCC currency union until it is profitable.

June 26, 2010 12:34
Upsides to a downed euro

Upsides to a downed euro

As the euro flirts with a four-year low against the dollar, analysts discern upsides for Europe and the Mideast.

May 24, 2010 4:54

Oil prices reach 15-month high

Crude oil prices increased 1 percent on Monday…

January 11, 2010 4:22

Gold prices hit record high

Gold prices touched an all-time high of…

December 2, 2009 12:01
Better growth, but fewer jobs

Better growth, but fewer jobs

Top economists in the US have improved their economic forecasts for 2010, but warn that unemployment will continue.

November 23, 2009 12:02