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The strongest currency in the world: Is it the US dollar?
September 27th, 2023 - 09:21 GMT

The strongest currency in the world: Is it the US dollar?

ALBAWABA – If you think the strongest currency in the world is the United States (US) dollar, well, you’re right, and you’re wrong. According to the Bank of International Settlements, the US dollar is involved in almost 90 percent of foreign exchange and accounts for 85 percent of spot transactions, forward and swap markets. Half of global trade and three-fourths of Asia-Pacific trade are denominated in US dollars. That, in ...
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Inflation in Egypt hits record high in August
September 10th, 2023 - 09:28 GMT

Inflation in Egypt hits record high in August

Saudi foreign reserves dropped in July
August 29th, 2023 - 10:08 GMT

Saudi foreign reserves dropped in July

No more targets for FX-protected Turkish lira deposits
August 20th, 2023 - 08:37 GMT

No more targets for FX-protected Turkish lira deposits

‘Champion of Israel’ Young RFK blames US for Ukraine war
July 25th, 2023 - 12:12 GMT

‘Champion of Israel’ Young RFK blames US for Ukraine war

Democrats unleash anti-Trump candidate Young RFK
July 19th, 2023 - 11:15 GMT

Democrats unleash anti-Trump candidate Young RFK

Saudi Arabia Pakistan investments
January 10th, 2023 - 08:06 GMT

Saudi Arabia contemplates more investment in Pakistan

GCC economies diversification from oil
December 7th, 2022 - 06:23 GMT

Flexible financial policies nurture Gulf economies

'Egyptians out': Kuwaiti Trending Hashtag Maybe 6 Years Old
May 21st, 2020 - 07:49 GMT

'Egyptians out': Kuwaiti Trending Hashtag Maybe 6 Years Old

Turkey Eases Work Permit Process for Foreign Researchers
November 10th, 2019 - 10:30 GMT

Turkey Eases Work Permit Process for Foreign Researchers

Algeria has been looking into economic reforms in recent years as lower energy prices undermined its fiscal position.
September 12th, 2019 - 11:30 GMT

Algeria Mulls Allowing Foreign Ownership in Some Sectors

Iran imported 14,126,000 tons of goods
September 2nd, 2019 - 10:00 GMT

Iran’s Foreign Trade Volume Exceeds $35 Billion

CBUAE's held-to-maturity securities rose to around Dh41.65 billion in May
June 25th, 2019 - 12:30 GMT

UAE Central Bank’s Foreign Currency Assets Hit $103 Billion

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