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
482 million dirhams, Emirates Islamic losses in 2020

Emirates Islamic Bank incurred a net loss of 482 million dirhams during the year 2020. Acc... Read more

Gulf Markets
American company intends to buy a stake in "Rotana Music"

Warner Music intends to buy a minority stake in Rotana Music, owned by Saudi billionaire Prince... Read more

UAE Markets
"First Abu Dhabi" distributes 74 fils per share in cash dividends

First Abu Dhabi Bank achieved net profits of 10.6 billion dirhams during the year 2020. Ac... Read more

UAE Markets
Emirates NBD annual profits drop by 52% to 7 billion dirhams

Emirates NBD's financial statements showed that the bank's profits fell in the past year (2020) by... Read more

Gulf Markets
Kuwait’s Boubyan Bank’s profits fall by 45% in 2020

The financial statements of Boubyan Bank of Kuwait showed that the bank’s profits in the last year... Read more

Crypto currencies
Ethereum market value rises to an all-time high in January

The market capitalization of the Ethereum digital coin (ETH) rose to an all-time high in January, i... Read more

World Markets
Microsoft’s profits rise 33% in the second quarter, to $ 15.4 billion

The results of the business of the American technology giant Microsoft showed that the company's pr... Read more

World Markets
The International Monetary Fund raises its forecast for the growth of the global economy in 2021 to 5.5%

The International Monetary Fund said that despite the recent approvals in the countries of the worl... Read more

Gulf Markets
NBK profits decline by 39% in 2020

National Bank of Kuwait profits declined by 38.6% to 246.3 million dinars ($ 812.3 million) in 2... Read more

UAE Markets
Expectations of the UAE economy recovering this year

The Standard & Poor's agency expected a recovery in the UAE's GDP growth this year, after the sh... Read more

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