Browsing: Middle East News
Fitch Ratings has affirmed the United Arab Emirates’ (UAE) Long-Term Issuer Default Ratings (IDRs) at ‘AA-‘ with a stable outlook, according to a rating note released by the agency. UAE’s ‘AA-‘ rating reflects low consolidated government debt, strong net external asset position and high GDP per capita.
Ripple (XRP) taps Bitcoin’s gaining streak, as the token price climbed about 2% to $1.42, though it’s still underperforming the broader market rally.
Oil prices increased on Monday amid rising tensions in the Strait of Hormuz. The United States has indicated its support for commercial shipping in the area, while Iran has warned that it will target any American intervention.
The United Arab Emirates (UAE) said Tuesday it will withdraw from the Organisation of the Petroleum Exporting Countries (OPEC) and the wider OPEC+ alliance, with effect from May 1, 2026.
With Brent down 15%, oil prices retreated sharply on Wednesday due to the U.S.-Iran temporary ceasefire, which could pave the way for negotiations to end Middle East tensions.
XRP Price Drops to $1.32 as Altcoin Momentum Eases Ripple (XRP) price dropped by 3% to $1.32 over the past…
Fitch Ratings has placed the Long-Term Issuer Default Ratings (IDRs) and Government Support Ratings (GSRs) of all eight Qatari banks on Rating Watch Negative (RWN).
Ripple (XRP) reboots with a fresh rally on Monday, rising by about 4% to $1.3425 in 24 hours on renewed bargain hunting and more than 75% increase in trading volume to $1.84 billion.
Ethereum Keeps 2.05k Price Amidst StanChart $40k Estimate Ethereum (ETH) is trading at $2,050, down less than 1% over the…
Bitcoin (BTC) climbed by 1bout 100 basis points to $67.5k as investor optimism improved after Standard Chartered predicted the world’s largest digital asset could reach $500,000 in 2030.