With support from Sheikha Fatima, UAE to restore Umayyad Mosque in Damascus
Mother of the Nation Endowment for Orphans’ initiative raises AED3.3bn during Ramadan; launches AED1 bn ‘Mother of the Nation City’ project
UAE sends 30 tonnes of food aid to support drought-affected communities in Kenya
UAE provides urgent relief to support flood-affected communities in Mozambique
Dollar Slips on Rate-Cut BetsSingapore, 1 Dec 2025 (ONA) — The dollar began the month of December on a softer note as investors ramped up bets of a US interest rate cut later this month. Against a basket of currencies, the greenback was down 0.05% to 99.39, having lost 0.7% last week. The Japanese currency extend gains, climbing 0.4% to a session high of 155.49 per dollar, helped by comments from Bank of Japan Governor Kazuo Ueda who left the door open to a near-term rate hike. The euro was up 0.04% at $1.1605, while sterling last bought $1.3239, after having clocked its best week in over three months on Friday. The Australian dollar rose 0.08% to $0.6553, while the New Zealand dollar was little changed at $0.5738.— Ends/Khalid