Economics

UAE bonds and sukuk surge to $309.4 billion by Q1 2025, up 8.3 percent YoY

UAE's debt markets are growing, reflecting its expanding financial ecosystem and strategic sukuk position

Egypt, France sign strategic partnership agreements in key sectors

Agreements focus on transportation, health, and education

Saudi PMI shows resilience in non-oil private sector growth for March

The pace of growth has moderated from January's near 14-year high 

Stock market downturn: Asia reacts to Trump’s tariff plans, recession fears

S&P 500 futures fell 3.5 percent, Nasdaq futures dropped 4.4 percent, increasing total market losses to $6 trillion

Dubai gold prices up AED0.75, global rates fall to 3.5-week low

Market sell-off continued as investors sold bullion to cover losses amid recession fears from trade war

Oil prices hit four-year low of $63.93 amid Trump tariff fears

Trump intensified trade tariffs, raising worries about slowing economic growth and declining demand

U.S. economy adds 228,000 jobs in March amid looming trade war escalation

Job growth rebounded significantly from last month’s revised total of 117,000 new jobs added 

IMF urges U.S. to collaborate on trade as tariffs pose economic risks

Georgieva stated the IMF will assess tariffs during meetings from April 21-26 

U.S. trade deficit shrinks by 6.1 percent to $122.7 billion amid tariff changes

Imports held steady at $401.1 billion in February after a sharp increase in the prior month

U.S. tariffs could constrict global trade by 1 percent in 2025, WTO warns 

Trump recently announced a 10 percent import tax and higher tariffs on trade surplus nations.