#Monetary Policy

UAE Central Bank

UAE Central Bank raises base rate by 50 basis points

The base rate suggests the general stance of the Central Bank’s monetary policy

Saudi pension fund says returns hit 14%

The returns were due to its long-term portfolio allocation and market performance

Can GCC banks withstand further shocks due to the pandemic?

GDP growth in the GCC countries will slowly recover from last year’s sharp recession

Philippines extends Manila’s lockdown on surging infections

The government will decide in a week if the capital and nearby areas can shift to a looser lockdown so more businesses can reopen