Asia-Pacific markets were mixed on Monday after a week that saw a broad rally in stocks, as investors awaited a...
Geneva, Switzerland – A recent report by the World Economic Forum (WEF) highlights the growing concern that unequal access to...
Two more ships carrying grain have left Ukraine's Chornomorsk port, Turkey's Defense Ministry said on Saturday, bringing the number of...Ukraine's Sea Ports Authority said three seaports had begun loading food onto seven ships which would deliver 66,500 tonnes of wheat, corn and sunflower oil.
The Authority said Ukrainian-origin food would be delivered to France, Sudan, Turkey and the Netherlands.
The Abu Dhabi Securities Exchange was the leading Arab financial market in terms of performance last week, as its index...The AMF said that the market value of Arab stock exchanges rose by 2.5 percent, equivalent to some $110.64 billion at the end of trading last week
The market value of the 13 Arab stock exchanges listed in the AMF’s database rose to $4.58 trillion at the end of last week
The fund said in a report released today that it expect inflation in Qatar will record about 4.3 percent during...The fund said in a report released today that it expect inflation in Qatar will record about 4.3 percent during the current year
The report also expected that the growth rate of Arab economies would collectively about 5.4 percent in 2022
S&P Global Ratings said that boosting the country's credit score of foreign debt to CCC+ "reflects strong committed international financial...S&P's upgrade is based on the assumptions that donors like the US and European Union will continue to provide funding to Kyiv in coming months
A potential loan agreement with the IMF could also lower pressures on Ukraine
Data released from the Ministry of Finance showed that oil and gas revenues increased to $32 billion, compared to $19...Data released from the Ministry of Finance showed that oil and gas revenues increased to $32 billion, compared to $19 billion in the first half of 2021
Total revenues achieved, during the first half of this year, reached $41 billion, with $23 billion coming in the second quarter
- Russian President Vladimir Putin and his French counterpart Emmanuel Macron called for independent inspections at the Moscow-occupied Zaporizhzhia nuclear plant,...
Putin "stressed that the systematic shelling by the Ukrainian military of the territory of the Zaporizhzhia nuclear power plant creates the danger of a large-scale catastrophe.
As per the Kremlin, both leaders called for experts of the International Atomic Energy Agency (IAEA) to inspect the plant "as soon as possible" and "assess the real situation.
- The total premiums of insurance companies listed in local financial markets in the first half of 2022 increased by 7.64...
The total premiums of insurance firms listed in local financial markets in H1 2022 increased by 7.64 percent year-on-year to $302 million
The total net profits of insurance companies listed in local financial markets in H1 2022 totaled $222 million
The real estate and properties transactions valued at $2.8 billion (AED10.3 billion) in total during the week ending 19 August...A total of 344 plots were sold for $694 million, 2,239 apartments and villas were sold for $1.07 billion
The top two transactions were a land in Al Wasl sold for $108 million, followed by a land sold for $55 million in Hadaeq Sheikh Mohammed Bin Rashid
The UAE is providing sustainable humanitarian aid worldwide, underscoring its commitment to promote regional, global peace and prosperity. As per...The total value of foreign aid provided by the UAE from the start of 2021 to mid-August 2022 amounted to $3.5 billion
While Yemen accounted for most of Emirati aid with over $315 million, the list also included several Arab, Asian and Western countries
The gains, due to high oil prices, will provide 'firepower' to the region's sovereign wealth funds, said Jihad Azour, IMF's...Recently, Saudi Arabia said it achieved a rare budget surplus of over $20bn in the second quarter of 2022, as oil revenues surged 90 percent compared to a year ago.
Saudi PIF has invested over $620 billion in total, $7.5 billion alone in US stocks during the second quarter, when the share prices were relatively low.
