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

World Markets
Bank of America expects artificial intelligence to boost software stocks

Analysts at Bank of America (NYSE:BAC) have defended a particular software company whose shares have... Read more

World Markets
Gold rises in a week after data boosts hopes of a rate cut

Gold prices rose sharply last week, supported by the momentum generated by weak US jobs data this we... Read more

Gulf Markets
Zain Saudi Arabia's net profit falls 94% in Q1 2024

Saudi Telecom Company (Zain) net profits declined by about 94.1% in the first quarter of 2024. Accor... Read more

World Markets
Dollar rises slightly ahead of key inflation data

The dollar rose slightly against most major currencies on Thursday, as traders awaited key U.S. infl... Read more

World Markets
Japan's Nikkei Gives Up Gains Pressured by Chip Stocks

Japanese stocks erased gains at the close of trading on Thursday, May 9, as chip-related shares, inc... Read more

World Markets
Arm shares fall nearly 9% on weak revenue outlook

Shares of British chipmaker Arm fell about 9% in premarket trading on Wall Street after it gave weak... Read more

World Markets
Oil rises as US inventories shrink, China imports rise

Oil prices rose on Thursday, helped by a drop in U.S. crude inventories amid higher refinery runs an... Read more

World Markets
Gold stuck in narrow range ahead of US economic data

Gold prices swung in a narrow range in early trading on Thursday as investors turned their focus to... Read more

Gulf Markets
Saudi Stock Exchange Approves More Than 10 IPOs

More than 10 companies in Saudi Arabia are preparing to conduct their initial public offerings on th... Read more

UAE Markets
ADNOC Distribution's profits reach $248 million in the first quarter of 2024

ADNOC Distribution, listed on the Abu Dhabi Securities Exchange, announced on Thursday its strong fi... Read more

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