News
Philippine central bank hikes policy rate by 25 basis points
16+ hour, 33+ min ago (306+ words) Emirates 24|7 Manila: The Philippine central bank hiked its "key interest rate to 4. 50% on Thursday to "keep a "lid on rising inflation, with concerns over spiralling fuel costs overriding the need to keep growth on track The Bangko Sentral ng Pilipinas…...
Gold prices fall on stronger dollar
3+ day, 19+ hour ago (28+ words) Emirates 24|7 Gold prices fall on stronger dollar Spot gold drops 0. 7% to lowest level in a week; silver and platinum also decline...
DUBAI CHAMBER OF COMMERCE DISCUSSES AVAILABILITY OF ESSENTIAL GOODS AND SECTOR SUSTAINABILITY
1+ mon, 1+ week ago (258+ words) Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, recently held a meeting with the Fruit and Vegetable Traders Business Group to discuss ways to enhance the resilience and competitiveness of the sector,…...
UAE POSITIONED TO SHAPE NEW GLOBAL TRADE SYSTEM AS TOTAL TRADE HITS $1. 42 TRILLION
1+ mon, 1+ week ago (348+ words) Emirates 24|7 Emirates 24/7 " The United Arab Emirates has emerged as one of the few nations capable of shaping a new global trade system, according to a recent analysis by the Peterson Institute for International Economics The UAE stands out as a…...
AUSTRIA GDP GREW BY 0. 6% IN 2025 FOLLOWING TWO YEARS OF RECESSION
1+ mon, 2+ week ago (177+ words) WAM - Austria's Gross Domestic Product (GDP) grew by 0. 6% in 2025, surpassing forecasts from economic institutes that had predicted 0. 5% growth. This recovery follows two consecutive years of contraction. Latest official data from Statistics Austria confirms that the Austrian economy has rebounded after…...
Gold Plunges to $4, 948 On Sudden US Dollar Demand
2+ mon, 1+ week ago (113+ words) Gold fell sharply on Thursday as renewed demand for the US dollar pressured prices lower. The precious metal slipped to $4, 948 per troy ounce at the time of publishing, weighed down by the dollar's rebound and a broad sell-off on Wall…...
Dubai's Economy Records AED355 Billion GDP in 2025, Posting 4. 7% Growth
2+ mon, 3+ week ago (598+ words) Dubai's growth reflects a dynamic economic ecosystem and a development model that puts people first, invests in talent, and builds prosperity on strong, sustainable foundations," he added. Praising the efforts of teams across sectors, His Highness said: In Dubai, progress…...