- Global stock markets wavered Friday as dealers awaited vital US jobs data and mulled the Federal Reserve's readiness to hike...
London stocks edged higher in late morning deals, while Frankfurt nudged lower and Paris was flat nearing midday in the eurozone.
Bitcoin was also under pressure, falling for a second day to as low as $41,008, a level not seen since the end of September.
- The Central Bank said on Friday that the Money Supply aggregate M1 increased by 2.1 percent, from AED 671.6 billion...
The rise in M1 was due to AED 0.6 billion increase in Currency in Circulation Outside Banks and AED 13.8 billion increase in Monetary Deposits.
The Money Supply aggregate M2 increased by 1.3 percent, from AED 1,498.3 billion at the end of October 2021 to AED 1,517.1 billion at the end of November 2021.
- The national accounts report shows that the growth is the outcome of the rise achieved by the non-oil sector by...
The national accounts report shows that the growth is the outcome of the rise achieved by the non-oil sector by 3.76 percent in real terms and 5.94 percent at current prices
The oil sector fell by 4.63 percent in real terms and increased by 39.95 percent at current prices compared to the same quarter of 2020.
- Analysts think politically diverse Gen Z voters hold one of the keys to Erdogan's tricky path to presidential re-election.
Unlike the youth of 2002, today's teens appear more tempted to blame his government for their woes
These include runaway inflation, a battered currency, and an economy where more than 40 percent earn the minimum wage
- The FAO’s Food Price Index, which tracks monthly changes in international prices, averaged 125.7 points.
FAO Senior Economist Abdolreza Abbassian explained that high prices are normally expected to ease as production increases to match demand
This time, however, the global pandemic and ever climatic conditions ‘leave little room for optimism’ even in 2022, she said
- The Federal Authority for Government Human Resources (FAHR) of the UAE issued a circular to all ministries and federal entities...
Employees with residences far from workplaces would be prioritized as well as other humanitarian conditions in this aspect would also be considered.
The step is taken to ensure continuity of service provision and the federal government’s proper functioning during the implementation of the remote working system
- India started its honey exports only in the fiscal year 1996-97, and is the world’s eighth-largest honey producer and ranks...
India started its honey exports only in the fiscal year 1996-97, and is the world’s eighth-largest honey producer and ranks ninth among the honey exporting countries globally.
The markets of Indian honey where APEDA is planning to boost its export includes the UAE, Saudi Arabia, Bangladesh and Canada.
- Ajman's budget of AED2.41 billion ($656m) for 2022 has been approved by the emirate's ruler Sheikh Humaid bin Rashid Al...
Economic affairs (34 percent), public services (19 percent) and public order and safety (eight percent) are the other sectors that account for the rest of the budget.
The 2022 budget is the largest in the emirate’s history, and 17 percent higher than last year’s budget.
- London's benchmark FTSE 100 index slid 1.0 percent to 7,445.04 points, after heavy losses earlier in Asia and overnight on...
London's benchmark FTSE 100 index slid 1.0 percent to 7,445.04 points, after heavy losses earlier in Asia and overnight on Wall Street
"Everyone is concerned about the Fed's fast and furious monetary policy stance," AvaTrade analyst Naeem Aslam told AFP





















