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A service for banking industry professionals · Sunday, December 22, 2024 · 771,075,885 Articles · 3+ Million Readers
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United Arab Emirates Dirham (AED) News Monitoring

  • Published on Dec 18, 2024

    UAE Dirham to PKR rate today – 18 Dec 2024

    The UAE Dirham (AED) experienced a slight gain of three paisas against the Pakistani Rupee on Wednesday, compared to the previous session. On December 18, 2024, the buying rate of the UAE Dirham in Pakistan stands at Rs75.76, showing a gain of two paisas, …

    Source: Samaa - Uncategorized
  • Published on Dec 21, 2024

    Iran Releases Currency Exchange Rates For December 21

    (MENAFN- Trend News Agency) BAKU, Azerbaijan, December 21. The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on December 21, Trend reports via the CBI. According to the bank's currency exchange rate, 28 currencies …

    Source: MENAFN - Uncategorized
  • Published on Dec 20, 2024

    Rupee Ends in Red Against US Dollar for Fourth Time This Week

    The Pakistani rupee (PKR) ended the week in red against the US dollar (USD) on Friday, making it the fourth session this week where the PKR depreciated against the USD.  At close of the day, the PKR settled at 278.42 against the greenback, down Rs. 0.07 or …

    Source: ProPakistani - Neutral
  • Published on Dec 18, 2024

    Elon Musk’s $1B Vision: Turning Dubai into the Epicenter of Scientific Innovation

    Elon Musk is preparing to invest $1 billion (3.67 billion United Arab Emirates Dirham) into an ambitious new project: “The Musk Institute,” a cutting-edge scientific research facility set to be built in Dubai. This bold initiative, set to transform global …

    Source: Scoop Empire - Uncategorized
  • Published on Dec 20, 2024

    Dirham to PKR rate today – 20 December 2024

    KARACHI – The UAE currency, Dirham, witnessed a slight increase of four paisas against Pakistani rupee on Friday as compared to previous session. The buying rate of UAE Dirham in Pakistan today, December 20, stands at Rs75.78 after gaining two paisas, …

    Source: Pakistan Observer - Pro-Government
  • Published on Dec 19, 2024

    Iraq's Central Bank Expands Foreign Transfer Options

    By John Lee. The Central Bank of Iraq (CBI) announced an expansion of foreign currency transfer options for local banks, adding the Jordanian Dinar and Saudi Riyal to the list. Iraqi banks are now also permitted to fund trade with Turkey in Euros, …

    Source: Iraq Business News - Neutral
  • Published on Dec 19, 2024

    Rupee records slight decline against US dollar

    The Pakistani rupee registerd a slight decline against the US dollar, depreciating 0.04% in the inter-bank market on Thursday. At close, the currency settled at 278.35 for a loss of Re0.12 against the greenback. On Wednesday, the rupee had settled at 278. …

    Source: Business Recorder - Neutral
  • Published on Dec 19, 2024

    Rupee’s Recovery Proves Short-lived as it Weakens Further Against US Dollar  

    The Pakistani rupee (PKR) managed to break a two-day losing streak on Wednesday but the recovery proved short-lived as it depreciated against the US dollar (USD) once again on Thursday.  At close of the day, the PKR settled at 278.35 against the greenback, …

    Source: ProPakistani - Neutral
  • Published on Dec 19, 2024

    $5.6bln Dubai Metro Blue Line set to open on 09-09-2029

    The 20.5 billion UAE dirham ($5.6 billion) Dubai Metro Blue Line will become operational on September 9, 2029, after the Roads and Transport Authority (RTA) awarded the contract to Turkey’s MAPA-Limak consortium. The metro line will span 30 km and include …

    Source: Zawya - Uncategorized
  • Published on Dec 19, 2024

    Mideast Stocks: Gulf shares fall on Fed hawkish signal

    Stock markets in the Gulf were subdued in early trading on Thursday in tandem with global peers after the U.S. Federal Reserve signaled a slower pace of rate cuts in the coming year. Most central banks of the Gulf Cooperation Council cut key interest rates …

    Source: Zawya - Uncategorized
  • Published on Dec 19, 2024

    Dubai Roads and Transport Authority awards $5.6bln metro line project to consortium

    DUBAI - The Dubai Roads and Transport Authority (RTA) awarded on Thursday a 20.5 billion dirham ($5.6 billion) contract for the Dubai Metro Blue Line project to a consortium of three companies, the Dubai Media Office reported. The consortium consists of …

    Source: Zawya - Uncategorized
  • Published on Dec 19, 2024

    Indian Rupee Slips Past 85 Against US Dollar For First Time, Hits New Low

    (MENAFN- Khaleej Times) The Indian rupee declined past 85 to the US dollar for the first time on Thursday after the federal Reserve signalled fewer rate cuts next year, piling more pressure on a currency already struggling with tepid capital flows. The …

    Source: MENAFN - Uncategorized
  • Published on Dec 18, 2024

    Latest News | Shriram Fin Raises Funds Worth About USD 1.27 Bn Through ECB

    Mumbai, Dec 18 (PTI) Shriram Finance on Wednesday announced a USD 1.277 billion equivalent fundraising in multiple currencies through the external commercial borrowing route. The fundraising in US dollar, euro, and UAE dirham executed in partnership with …

    Source: Latestly - Uncategorized
  • Published on Dec 18, 2024

    Rupee Stages Comeback Against US Dollar After Two-Day Losing Streak 

    After losing ground against the US dollar (USD) in the first two days of the current week, the Pakistani rupee (PKR) staged a comeback on Wednesday.  At close of the day, the PKR settled at 278.23 against the greenback, up Rs. 0.04 or 0.02 percent from its …

    Source: ProPakistani - Neutral
  • Published on Dec 18, 2024

    Mideast Stocks: Most Gulf markets slip ahead of Fed decision

    Most stock markets in the Gulf fell on Wednesday as investors exercised caution ahead of the U.S. Federal Reserve's last policy announcement of the year after economic data indicated consumer spending remained solid. The U.S. central bank is widely …

    Source: Zawya - Uncategorized
  • Published on Dec 17, 2024

    Crypto trends shaping the Middle East’s blockchain future

    The United Arab Emirates (UAE) is positioning itself as a global hub for blockchain and cryptocurrency innovation, with key trends emerging in Shariah-compliant services, dirham-pegged stablecoins and international talent migration, according to industry …

    Source: Coin Telegraph - Neutral
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