Economics

Oil prices climb to $71.32 amid Mideast tensions, China’s stimulus

West Texas Intermediate (WTI) crude futures also rose by 0.4 percent to $67.61 per barrel

UAE National Bonds sees 22 percent growth, portfolio hits $4.3 billion in 2024

Growth is attributed to the rising number of regular savers and the increasing adoption of digital solutions 

Saudi Arabia’s inflation steady at 2 percent in February, among lowest in G20

The CPI measures the changes in prices paid by consumers for a fixed basket of 490 goods and services

Trump says ‘no intention’ to alleviate steel, aluminum tariffs

The U.S. President said reciprocal duties on U.S. trading partners would be implemented alongside auto tariffs

Saudi Arabia’s stock market rises after S&P upgraded credit rating to ‘A+’

The upgrade is backed by better governance and stronger institutions, enhancing domestic capital markets' depth

UAE gold prices flat, global rates climb on safe-haven demand near $3,000

U.S. consumer sentiment hits two-and-a-half-year low as inflation expectations rise amid tariff fears

Oil prices rise to $71.73 on Red Sea tensions, China’s new plan

West Texas Intermediate (WTI) crude futures jumped 1.8 percent to $68.09 per barrel

How to invest in an IPO in the UAE: A step-by-step guide for investors

IPOs allow investors to diversify their investments across various UAE sectors, including tech, healthcare, and energy

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