Chinese Yuan Steadies as PBoC Prioritises Currency Stability
Markets analysis on behalf of Joseph Dahrieh, Managing Principal at Tickmill
The Chinese yuan has remained relatively stable, supported by the People’s Bank of China (PBoC) policy and a steady 10-year government bond yield near 1.66%. On Monday, the central bank kept the one-year and five-year loan prime rates (LPR) unchanged at 3.1% and 3.6%, respectively, marking the...
Yen Weakens as BoJ Holds Rates Steady in Light of Tariff Concerns
Markets analysis on behalf of Konstantinos Chrysikos Head of Customer Relationship Management at Kudotrade
The Japanese yen weakened while Japan’s 10-year government bond yield declined after the Bank of Japan (BoJ) maintained interest rates at 0.5% and lowered its growth projections due to increasing uncertainty around U.S. tariffs. The BoJ expressed concerns that higher...
IMF - An International Monetary Fund (IMF) mission led by Christian Josz visited Amman from March 17-29, 2016 to review the Staff-Monitored Program (SMP)...
Why is Resilience of Operations the Top Priority for Businesses?
A large percentage of companies in the region have no BCM practices in place, making...
The prominent Jordanian businessman and social impact investor Dr Yacoub Nasereddin has been appointed Advisory Council Member of the Islamic Reporting Initiative (IRI).
Dr Nasereddin...
Summit To Explore and Reward Region’s Prepaid Digital Success
Experts Set To Debate Trends, Recognise Industry Leaders At Annual Conference and Awards Dedicated To Region’s...
Challenges in GCC MICE and Luxury Travel Sectors
Total value of outbound travellers in GCC estimated at USD 64 billion in 2015
Dubai holds nearly 27%...
McLAREN automotive posts successive sales record, driving 250 new manufacturing jobs
More than 1,650 McLaren cars delivered from the McLaren Production Centre in 2015
Strong global...
Forever Living Products inaugurates new AED 1 million office and training centre in Dubai
New Middle East headquarters follows after company’s successful turnover of AED...
Three Developments set to boost UAE Tourism
Dubai’s skyline is ever-changing, with new buildings, hotels and restaurants being developed constantly. In this article we will...
Raymond J. Keating, chief economist for SBE Council, examined key economic trends and the impact of policy on the economy. Keating has several concerns...
Thomson Reuters and ICD launch the Islamic Finance Development Indicator
Thomson Reuters, the world’s leading provider of intelligent information for businesses and professionals, and Islamic...
GCC municipalities advised to reduce waste amid increasing construction projects
According to Waste and Recycling Middle East magazine, most GCC countries rank among the top...