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
Gold fell after data boosted the dollar's strength

Gold prices incurred losses in early trading, Monday, as the dollar rose, with the release of a new... Read more

World Markets
Half of Russia's revenues from the sale of oil and gas declined in February 2023

Russia's revenues from oil and gas, which represent the main support for the state treasury, dec... Read more

Gulf Markets
Hail Cement net profit decreased by 61.3% in 2022

Hail Cement Company recorded a decline of 61.29% in net profits during 2022, compared to the company... Read more

World Markets
Federal Reserve: Raising interest rates is necessary to control inflation

The Fed said that inflation remains high and that more rate hikes are necessary to bring it under co... Read more

UAE Markets
ADNOC and Italy's Eni sign an agreement to cooperate in the energy transition

The Emirati company, ADNOC, has signed a memorandum of understanding with the Italian company, Eni,... Read more

Gulf Markets
Aramco completes the acquisition of the global products business of a leading US company

The statement issued by Saudi Aramco (TADAWUL:2222) announced early today, Thursday, that a company... Read more

World Markets
Gold prices fell as investors became increasingly concerned about rising interest rates

Gold prices fell on Thursday, March 2, as the dollar rose, while a new set of global economic data r... Read more

UAE Markets
UAE banks achieve the highest level of investments in their history at the end of 2022

The investments of banks operating in the country amounted to 528 billion dirhams ($143.7 billion) a... Read more

Gulf Markets
The profits of the Arab Insurance Company amounted to 2311% for the year 2022

The Saudi Arabian Cooperative Insurance Company (TADAWUL:8160) announced on the Saudi stock trading... Read more

World Markets
Stability in oil prices supported by a strong economic recovery in China

Oil prices stabilized in early Asian trading on Thursday, after recording gains in the previous two... Read more

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