Economic news
Exclusive reports
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
Dana Gas turns profitability at $317 million in 2021

Dana Gas turned profitable during the year 2021, with a net profit of 1.16 billion dirhams (317 mil... Read more

UAE Markets
First Abu Dhabi intends to acquire Hermes in Egypt

Bloomberg reported that First Abu Dhabi Bank intends to submit an offer to buy EFG Hermes in Egypt.... Read more

Gulf Markets
82 riyals, the final offer price for the “medical” share

Al-Dakhil Financial Group, in its capacity as the financial advisor to the Arab International Medic... Read more

Gulf Markets
Qassim Cement's annual profit drops 29.7%

The profits of Qassim Cement Company declined by 29.67% in 2021, to reach 295.27 million riyals aft... Read more

Crypto currencies
US seizes more than $3.6 billion of stolen bitcoins

The US Department of Justice has seized more than $3.6 billion in stolen bitcoin, which were link... Read more

World Markets
Gold stability near the highest level in a week

Gold prices recorded stability in the previous session, near its highest level in a week, despite c... Read more

World Markets
BP profits $12.8 billion in 2021

BP recorded profits of 12.8 billion dollars in 2021, the highest profit it recorded in eight years,... Read more

Gulf Markets
Al-Othaim Markets profits decline 32% in 2021

Abdullah Al Othaim Markets Company (Al Othaim Markets) recorded a 32.3% decline in annual profits... Read more

UAE Markets
International Holding buys 375 million shares in Abu Dhabi Ports

Al Sir Marine Company, a subsidiary of the International Holding Company (IHC), has invested 1.2... Read more

Crypto currencies
Bitcoin crosses $44,000

The cryptocurrency bitcoin reached a four-week high on Tuesday, recording $44,356, the highest si... Read more

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