Economic Indicators

The Ordinary General Assembly of the shareholders of the Arab Bank held its meeting by means of video communication, chaired by Sabih Al-Masry, Chairman of the Board of Directors, and in the presence of the members of the Board of Directors, the Executive General Manager, and shareholders holding “Asala, Deputation …

The dollar rose against the euro on Friday, but incurred a fifth consecutive week of loss against the European currency, after the decline in consumer spending growth in the United States raised hopes that the US Federal Reserve will slow the pace of raising interest rates. US consumer spending rose …

Abu Dhabi, April 1: The local stock markets added about 111 billion dirhams to their market capital during the first quarter of this year, supported by the gains of some leading stocks, in addition to the new listings in the Abu Dhabi market. The market value of shares increased from …

Cairo, March 31 / Dr. Hala El-Said, Minister of Planning and Economic Development of Egypt, said that the economic and social development plan for the fiscal year 2023/2024 in Egypt aims primarily to invest in people and achieve human development, which is the main engine for economic and social growth, …

Abu Dhabi, March 30: The local stock markets consolidated their market gains for the third consecutive session at the end of today’s session, and their market capitalization gained more than 27 billion dirhams, amid a state of optimism that dominated investor sentiment. The market capital of listed shares rose from …

Real estate transactions in the Dubai Land Department amounted to more than 1.7 billion dirhams, as the department witnessed, on Thursday, the registration of 487 pledges of allegiance, at a value of 1.33 billion dirhams, including 26 pledges of allegiance to lands, at a value of 160.65 million dirhams, and …

The UAE ranked among the 23 richest countries in the world among the 190 countries included in the “Visual Capitalist” classification, according to IMF data, as measured by per capita GDP. The data showed that the per capita share of the UAE’s GDP for the year 2023 is estimated at …

The European Council officially adopts the target of reducing gas demand by 15%. BRUSSELS On March 30, the European Council in Brussels adopted a regulation extending member states’ voluntary target to cut gas demand by 15% for one year. The regulation maintains the possibility for the Council to trigger a …

Abu Dhabi, March 29: Local stock markets consolidated their market gains for the second consecutive session at the end of today’s session, and their market capitalization gained nearly 8.4 billion dirhams, with the Dubai market reaching its highest level in 3 weeks. The market capital of listed shares rose from …

The Dubai Financial Market announced the launch of the “Omnibus Accounts” service, which opens the door for qualified dealers to access the investment opportunities available in the market for the benefit of more than one beneficial owner, by opening a unified account for holding and trading securities on behalf of …