Economic Indicators

Abu Dhabi, March 28 / The local stock markets consolidated their gains at the end of today’s session, and their market capitalization gained more than 24.2 billion dirhams, with the Dubai market achieving the largest daily gains in 6 months. The market capital of listed shares rose from 3.261 trillion …

The insurance sector in the UAE continued; Recording record growth during the past year 2022, which is evident in the increase in the number of insurance policies in line with the increase in total insurance premiums written. According to the data of the “Central Bank of the Emirates”; Total insurance …

Abu Dhabi, March 27/ The Central Bank of the Emirates maintained its forecast for the growth of the country’s total real GDP at 3.9% in 2023, rising to 4.3% in the next year 2024. The Central Bank said, in its quarterly review report for the fourth quarter of last year …

Abu Dhabi, on March 27, the share of “Presite” – Ai Holding plc -, a subsidiary of the “G42” group, consolidated its gains, and its market capitalization amounted to more than 16.4 billion dirhams on the first day of listing and trading on the Abu Dhabi Stock Exchange. And according …

Since the crisis of the collapse of American banks, the fever has begun to move to European and other banks, with their shares incurring significant losses since the beginning of March, amid great fears that this crisis will be similar to the global crisis in 2008. And in the list …

Al-Ansari Financial Services Group announced, on Monday, that it had set the final offering price at 1.03 dirhams per share, which is the upper limit of the previously announced price range, after completing the process of building the order book for its initial public offering on March 24, 2023. The …

Abu Dhabi, March 26 / The global investment platform, Investopia, announced the most prominent outputs of its annual conference, which was hosted by Abu Dhabi during the month of March, including the partnership with “Business Finland”, the governmental economic body in Finland concerned with financing innovation and promoting trade, travel …

To overcome the current turmoil in asset prices, investors rely on a traditional strategy; Namely, buying stocks from the huge US companies that have been driving the market rally for years. Since March 8, the shares of the five largest companies by market value (Apple, Microsoft, Google, Amazon, NVIDIA) have …

The European Union and Germany announced, on Saturday, that they had reached an agreement that puts an end to a dispute over a project to ban sales of new cars powered by fossil fuels from 2035. The historic agreement to ban sales of new cars powered by fossil fuels from …

Abu Dhabi, March 24: The local stock markets attracted a liquidity of about 6.8 billion dirhams during the past week’s trading, with its main focus on real estate, financial and banking sector stocks. Liquidity was distributed by 5.5 billion dirhams on the Abu Dhabi Stock Exchange and 1.28 billion dirhams …