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
The European Central Bank asked its employees to work from home

The European Central Bank asked its employees, who numbered more than 3,500, to work from their h... Read more

Gulf Markets
Aqua Power Saudi Arabia has agreements with 2.5 billion dollars

According to ArabiaNet, among the three agreements concluded, a 25-year energy purchase agree... Read more

UAE Markets
Dubai issues 4,459 new licenses in February

Dubai Department of Economic Development issued 4,459 new licenses during February 2020, as these... Read more

Gulf Markets
Al-Fokhariya increases its profits 100% during 2019

The Saudi Pottery Pipe Production Company achieved 100% growth in profits in 2019 to reach SAR 8... Read more

UAE Markets
Mubadala intends to sell a stake in the Austrian company "Borealis"

Mubadala Investment Company announced that it is engaged in a round of discussions in order to se... Read more

World Markets
27 new deaths from the Corona virus were recorded in China

Chinese authorities announced today, Sunday, the registration of 27 new deaths and 44 confirmed case... Read more

Gulf Markets
Xtra’s annual earnings rise 28% to 205.6 million riyals

The financial statements of United Electronics Company (eXtra) showed an increase in the profits of... Read more

World Markets
Oil records the biggest daily loss in 11 years

Brent crude price fell, recording the biggest daily loss in more than 11 years at the end of last we... Read more

UAE Markets
New economic licenses in Abu Dhabi are up 64% last year

The total number of new economic licenses in Abu Dhabi increased last year by 63.9%, to 18.63 thousa... Read more

Gulf Markets
Slight increase in the profits of Burgan Bank of Kuwait

Kuwait's Burgan Bank achieved annual profits of 84.68 million dinars last year, compared to profits... Read more

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