Economic Indicators

The local stock markets attracted about 197,767 new investors during the year 2022, in an indication of their investment attractiveness and the keenness of international investors to enhance their presence in UAE stocks to take advantage of the strong growth of the national economy, which establishes the position of financial …

The economic standoff between the United States and China has put Europe in the crosshairs, while the US “Inflation Act” plan to boost green industries threatens to cause collateral damage to a key ally. This American plan will be on the list of French and German Economy Ministers Bruno Le …

“Apple” announced disappointing profits, and the “iPhone” maker recorded its first decline in revenue on an annual basis since 2019, and the largest quarterly decline since 2016. How did the quarterly results compare to Refinitiv expectations? Earnings per share: $1.88 vs. $1.94 expected, down 10.9% y/y Revenue: $117.15 billion compared …

Washington, January 31 / The International Monetary Fund raised its forecast for global economic growth to 2.9% in 2023, compared to its previous forecast of 2.7% last October. In the Global Economic Growth Outlook report, the IMF expected a slowdown in global economic growth this year before it rebounds next …

London, January 23 / European stock indices rose during today’s trading, to continue their rise for the second consecutive session. And by 01:39 pm UAE time, the European Stoxx 600 index rose by 0.2 percent, or the equivalent of 0.94 points, to reach 453.06 points. The “Euro Stoxx 50” index …

Abu Dhabi, January 16 / Savings deposits in the banking sector in the country – excluding interbank deposits – increased to 246.47 billion dirhams at the end of last October, an annual increase of about 9.93 billion dirhams, or 4.2%, compared to about 236.54 billion dirhams in October 2021, according …

Abu Dhabi, January 12: The local stock markets consolidated their gains at the close of trading today, and their market capitalization amounted to more than 4 billion dirhams. The market capital of listed shares rose from 3.198 trillion dirhams at the end of yesterday’s session to 3.202 trillion dirhams at …

Energy futures contracts for crude oil, refined products and natural gas fell in the new year 2023, at a time when dealers reconsidered short-term concerns in terms of cold weather, supply shortages and fire selling contracts. Prices rose last year on fears that Europe would freeze over a Russian fuel …

Oil prices rose about three dollars at the settlement on Friday, achieving gains for the second week in a row, after Moscow said it might cut crude production in response to the price ceiling imposed by the Group of Seven on Russian crude. Brent crude rose $2.94, or 3.6%, to …

Abu Dhabi on December 23 / The Arab Monetary Fund announced that the market value of the Arab stock exchanges was nearly 4 trillion dirhams at the end of last week. In the weekly bulletin of Arab financial markets, which monitors 13 Arab stock exchanges, the Fund stated that the …