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Search Economy Middle East
inflation
Markets
Oil prices slip as concerns over U.S. demand mount
Market grapples with rising crude stockpiles and interest rate speculations
Markets
Gold prices rise marginally as traders eye key U.S. inflation data
Economic uncertainty and rate cut speculation impact market dynamics
Markets
Gold prices rise as market awaits U.S. inflation data
The timing of interest rate cuts remains in focus
Markets
Oil prices dip amid dollar strength and inflation concerns
Potential delay in U.S. interest rate cuts impacts crude market
Economy
Kuwait’s inflation reaches 3.28 percent in January 2024
The increase was driven by rising prices in clothing, food, education
Markets
Oil prices slip as U.S. Fed signals delay in interest rate cuts
Fed's cautionary stance weighs on energy markets amid geopolitical tensions
Economy
Saxo Bank CEO in MENA predicts UAE’s economic growth to surpass 5.5 percent in 2024
Tech investments and financial services are driving growth in the country
Economy
ECB reports record annual loss of $8.57 billion in 2023
Aggressive interest rate hikes lead to billions in payouts to banks
Economy
Türkiye: New Central Bank Governor holds interest rates steady at 45 percent
The decision was widely anticipated following eight consecutive months of rate hikes
Markets
Gold prices inch up supported by weakening U.S. dollar
Investors eye U.S. economic data for Insights into Fed's policy outlook
Markets
Gold prices increase amid Fed rate cut speculation
Investors await Fed minutes for clues on interest rate timing
Markets
Dubai gold prices rise amid a softening U.S. dollar
Market trends and economic indicators drive gold's status as a safe haven
Markets
Oil prices dip amid rising producer prices, weak demand outlook
Investor concerns mount over inflation and geopolitical tensions
Markets
Gold prices recover marginally after drop following US inflation data
Traders reassess rate-cut expectations as economic data contradicts earlier trends
Economy
Egypt’s 50 percent minimum wage hike to take effect in March
President implements urgent social protection package amidst currency concerns, IMF talks
Markets
Gold prices hold steady with market focus on this week’s Fed statements
Fed paving way for lower interest rates
Economy
OECD raises global growth outlook to 2.9 percent in 2024
Shipping and energy supply disruption are currently the most threatening factors to the global economy
Economy
Saudi Arabia’s non-oil sector grows, PMI records 55.4 in January
Economic expansion continues amid inflationary pressures and supply chain risks
Economy
Egypt dollar bonds jump as IMF studies potential $10 billion assistance package
Positive developments in economic reform talks propel Egypt's sovereign bonds
Economy
CBE raises interest rates by 200 basis points: Is a currency devaluation on the horizon?
Gap widened between Egyptian pound's official and parallel markets rates
Economy
BoE maintains interest rate unchanged at 5.25 percent for fourth consecutive time
Inflation target remains key focus
Markets
Gold prices recover from dip as Powell counters rate cut expectations
Central banks' record gold buying drives demand to new heights
Economy
Federal Reserve holds interest rates steady, Gulf banks follow suit
Powell: Long way to go on inflation
Economy
Saudi Arabia’s non-oil sector grew 4.6 percent in 2023
Report highlights economic diversification efforts and the impact of OPEC+ decisions on GDP
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