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GCC central banks raise benchmark interest rates to curb inflation

GCC central banks have increased their benchmark interest rates, following the US Federal Reserve's decision to increase the Interest on Reserve Balances (IORB) by...

UAE Central Bank delivers financial reporting guidelines to assess COVID-19 credit...

The Central Bank of the UAE announced guidelines to financial organizations on the use of International Financial Reporting Standard 9 (IFRS 9) to guarantee...
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