Economics
Markets worry Trump's tariffs will hinder global economic growth and negatively impact oil demand
Bullion prices slipped by as much as 2.7 percent before paring some losses on Monday
UAE's debt markets are growing, reflecting its expanding financial ecosystem and strategic sukuk position
Agreements focus on transportation, health, and education
Total foreign assets of the banking sector reached EGP3.653 trillion
The pace of growth has moderated from January's near 14-year high
The exchange rate closed at EGP51.19 to $1, up from EGP50.66
S&P 500 futures fell 3.5 percent, Nasdaq futures dropped 4.4 percent, increasing total market losses to $6 trillion
Market sell-off continued as investors sold bullion to cover losses amid recession fears from trade war
Trump intensified trade tariffs, raising worries about slowing economic growth and declining demand
Job growth rebounded significantly from last month’s revised total of 117,000 new jobs added
