Economics

J.P. Morgan cautions on 40 percent U.S. recession risk amid policy uncertainty

Kasman: “Where we stand now is with a heightened concern about the U.S. economy" 

World Bank presents $1 billion program for Lebanon reconstruction

Reconstruction and recovery requirements following the conflict that affected Lebanon are estimated at $11 billion

Nasdaq Dubai welcomes $1 billion sukuk listing by Government of Ras Al Khaimah

The issuance attracted strong investor interest, with orders exceeding $4.4 billion, reflecting market confidence

Canada to impose $20.7 billion retaliatory tariffs on U.S.

Canada stands as the largest foreign supplier of steel and aluminum to the U.S.

CBUAE: Gross banks’ assets rise 2.4 percent to $1.24 billion at end of December 2024

CBUAE reported M1 money supply rose 2.3 percent to $257.7 billion by December 2024

UAE gold prices up AED3, global rates rise on tariff uncertainty

Trump's tariffs may fuel inflation, pushing safe-haven gold to a record high of $2,956.15

Oil prices steady after rising above $70; recession and oversupply fears linger

Crude prices rose from three-year lows, aided by improving sentiment and a weaker dollar

Bahrain: 23 opportunities through land investment platform announced

This expansion showcases greater utilization of government assets to boost economic growth and private partnerships