Economic news
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Will gold remain a safe haven asset?

Gold has long been a source of controversy and contention am.. Read more

Global trade is expected to decline in the coming months

The economics department of Qatar National Bank (QNB) said t.. Read more

The euro is below the dollar .. the lowest level in 20 years

For the first time in 20 years, the euro fell below $1 on Tu.. Read more

"OPEC"...The pressures of supply shortage will continue next year

OPEC expected global demand for oil to increase next year, b.. Read more

Economic News

UAE Markets
The rise in the shares of the Emirati “Aldar Properties” after the acquisition of “Basateen”

The share of Al-Dar Properties rose, during Monday's trading, after the acquisition of Basateen... Read more

UAE Markets
Standard & Poor's affirmed Abu Dhabi's investment grade rating

Standard & Poor's S&P Global Ratings affirmed Abu Dhabi's long-term credit rating at AA, and A-1+ on... Read more

UAE Markets
Abu Dhabi identifies two billion dollars investment opportunities in South Korea

A joint statement said today, Monday, that Abu Dhabi institutions have identified investment opportu... Read more

UAE Markets
The Emirati Real Estate House intends to issue green sukuk worth $500 million

Aldar, the Emirati real estate investment company, intends to issue green sukuk for ten years, at a... Read more

UAE Markets
The offering of ADNOC Logistics and Services seeks to raise $ 607 million in Abu Dhabi

Abu Dhabi's energy major is seeking to raise up to 2.23 billion dirhams ($607 million) from the init... Read more

UAE Markets
TAQA revenues amounted to $3.6 billion in the first quarter of 2023

Abu Dhabi National Energy Company (TAQA), one of the largest integrated utility companies listed on... Read more

UAE Markets
The profits of the UAE “ADNOC Distribution” decreased by 20% in the first quarter of 2023

The profits of ADNOC Distribution declined by 20 percent in the first quarter of this year, compared... Read more

UAE Markets
The profits of the "Al-Ansari" group amounted to 36 million dollars in the first quarter of 2023

Al Ansari Financial Services Group, listed on the Dubai Financial Market, announced its financial re... Read more

UAE Markets
ADNOC intends to offer 15% of the shares of "ADNOC Logistics and Services"

ADNOC, the UAE, announced its intention to offer a minority stake representing 15 percent of the sha... Read more

UAE Markets
The profits of the Emirati "FertiGlobe" fell 60% in the first quarter, affected by the decline in gas prices

Fertiglobe's net profit declined by 59.6% in the first quarter of this year to reach $188.8 mill... Read more

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