China's attempts to internationalise the yuan are finding fruit in the Gulf states. These states, particularly the United Arab Emirates and Saudi Arabia, are strengthening their financial cooperation ...

As the QE2 leaves the UK for the final time before becoming a floating hotel in Dubai, figures from foreign currency expert M&S Money suggest that the region continues to be a popular winter ...

DAMASCUS (Reuters) - Syria plans to print a newly-designed currency in the UAE and Germany instead of Russia, three sources said, reflecting rapidly improving ties with Gulf Arab and Western states as ...

CBDC is a digital form of a country’s sovereign currency designed to function as a digital equivalent of traditional banknotes and coins. More than 100 countries today are exploring the potential ...

A currency exchange affiliated with the UAE supermarket chain LuLu has quickly become a top player in the market, moving $19.7 billion in remittances last year and on track for around $22 billion this ...

The United Arab Emirates has informed the secretariat of the Gulf Cooperation Council that it is pulling out of the proposed GCC monetary union, according to a report by the country’s official news ...