Economic Indicators

ABU DHABI, February 23 / Arab stock exchanges consolidated their gains during the past week, and their market capitalization gained about $54.338 billion, according to the Arab Monetary Fund. The fund stated, in the weekly bulletin of Arab financial markets that monitors 13 Arab stock exchanges, that the market value …

Dubai, February 17 / Real estate transactions in the Dubai Land Department during the current week amounted to more than 10.4 billion dirhams, as the department witnessed the registration of 2087 pledges of allegiance, at a value of 6.05 billion dirhams, including 221 pledges of allegiance to lands, at a …

Moscow, February 14: The exchange rate of the US dollar rose against the Russian ruble in the Moscow Stock Exchange trading today. By 15:20 Moscow time, according to Moscow Stock Exchange data, the exchange rate of the US dollar rose by 84 kopecks, to 63.73 rubles, and the exchange rate …

Islamic: 618.1 billion dirhams for “Islamic banks”, the highest in its history 402.8 billion dirhams of bank credit, an increase of 5.3% 435.5 billion dirhams in deposits, an increase of 2.1% 104.2 billion dirhams of investments, up 23% It acquires 83% of the assets of the banking system 1.485 trillion …

Singapore announced, on Monday, that it “will maintain its forecast for economic growth for the year 2023, despite the slowdown recorded last year, which was encouraged by China’s rapid reopening of its economy after years of its commitment to the strict zero Covid policy.” Singapore’s economic performance is often seen …

UAE stocks interacted positively with the continued emergence of strong financial results for listed companies, and rewarding cash dividends, to consolidate their gains for the second week in a row, due to a series of rises that extended for eight sessions. The Abu Dhabi market index closed at a weekly …

The British economy avoided entering a recession after the growth rate remained zero in the last three months of 2022, but Jeremy Hunt, Minister of Finance, warned, on Friday, that the Kingdom “has not yet overcome the difficulties” against the backdrop of high inflation rates. Gross domestic product grew by …

Russian Deputy Prime Minister Alexander Novak said, on Friday, that Moscow intends to voluntarily reduce its oil production by 500 thousand barrels per day, or about five percent, in March, after the West applied a ceiling to Russian oil prices. The Group of Seven, the European Union and Australia agreed …

Dubai, February 9 / Aramex, listed on the Dubai Financial Market, announced its preliminary financial results, as it achieved net profits from normal operations of about 173 million dirhams during the year 2022, a growth of 9% compared to about 158.27 million dirhams during the year 2021. In a statement …

Merchandise trade exchanges between the UAE and the United States of America achieved strong growth during 2022, by 20.6%, to reach 101.8 billion dirhams ($27.7 billion), compared to 84.5 billion dirhams ($23 billion) in 2021, according to the statistics of the American Statistics Center. The “Gulf” survey, based on data …