Saudi Arabia is the latest country to join a multi-country initiative for central bank digital currency (CBDC), amid increasing interest from the Gulf state in futuristic forms of money. The Bank for ...

New Delhi: The United Arab Emirates (UAE) has discussed a potential currency swap line with the US, as a financial lifeline amid the West Asia war and has threatened to conduct oil sales and other ...

Add Yahoo as a preferred source to see more of our stories on Google. U.S. President Donald Trump speaks about research into mental health treatments in the Oval Office of the White House in ...

The RBI and UAE central bank are discussing regulatory hurdles as India seeks to attract more foreign-currency deposits from ...

DUBAI, July 16 (Reuters) - The central banks of the United Arab Emirates (UAE) and Ethiopia on Tuesday signed a bilateral currency swap agreement with a value of up to 3 billion dirhams ($816.79 ...

There's turmoil in the Gulf again amid clashes in the Strait of Hormuz. Following the announcement of Project Freedom by the U.S. to reopen trade flows, Iran vowed there will be "no military solution" ...

The dedollarization trend moved one step further this week as India's top oil refiner used a local currency to settle an oil trade with a seller in the United Arab Emirates. Indian Oil Corp ditched ...

UAE investors are powering India’s FCNR-B deposit boom, with GIFT City emerging as a key channel as bank balances nearly double to $60.55 billion.

The UAE federal government and individual emirates are expected to issue a combined $18 billion in local currency loans this year as part of efforts to build a domestic debt yield curve, repay ...

President Trump said Tuesday that the United States is weighing a currency swap with the United Arab Emirates amid the war with Iran. Trump said on CNBC that the UAE had been hit by missiles from Iran ...

U.S. President Donald Trump speaks about research into mental health treatments in the Oval Office of the White House in Washington, D.C., April 18, 2026. REUTERS/Nathan Howard/File Photo WASHINGTON, ...