Finance

US-UAE Currency Swap Talks Emphasize Tool for Dollar Liquidity

Discussions between the United States and the United Arab Emirates over a potential currency swap…

Non-Oil Sectors Lift UAE GDP Share to 78 Percent With 2026 Growth Seen Above 3.1 Percent

UAE Minister of Economy and Tourism Abdulla bin Touq Al Marri said on May 6…

Saudi Arabia SME Credit Facilities Reach $124.5 Billion After 33 Percent Growth

Cumulative credit facilities to Saudi SMEs expanded to SR467 billion ($124.5 billion) by the end…

UAE Banks Signal Readiness to Fund Industrial Expansion After Robust Quarterly Results

Mashreq chairman Abdul Aziz Al Ghurair told The National on May 4 2026 that UAE…

SAMA Reports Saudi Net Foreign Assets at $473.57 Billion With Private Loan Growth in March

Saudi Central Bank data released on May 1, 2026 showed net foreign assets rising to…

Saudi Finance Minister Warns of Extended Gulf Recovery Following Regional Conflict

Saudi Finance Minister Mohammed Al Jadaan warned on April 16 2026 at an IMF seminar…

IMF Warns Middle East Growth Faces Sharpest Downgrade Since Financial Crisis on Iran War

The International Monetary Fund warned on April 16, 2026 that the Middle East faces one…

Saudi Arabia Pledges $3 Billion Deposit to Support Pakistan Reserves

Saudi Arabia announced on April 15, 2026, a fresh $3 billion deposit alongside an extension…

UAE and Philippines Central Banks Sign Pact to Advance CBDCs and Link Payments

The central banks of the UAE and the Philippines signed a memorandum of understanding on…

DFSA Extends Regulatory Flexibility to DIFC Firms Hit by Regional Conflict

On April 9 2026 the Dubai Financial Services Authority and DIFC Authority announced immediate relief…

UAE Logs 5.6 Percent GDP Growth in 2025 as Banking Assets Climb to $1.5 Trillion

The Central Bank of the UAE released its 2025 annual report on April 9, 2026,…

Saudi Non-Oil PMI Contracts in March for First Time Since 2020

Saudi Arabia's non-oil business conditions weakened in March 2026 for the first time in more…