Firm in profit despite high inflation, rising interest rates.

US consumer inflation edged down in February but remains elevated, according to government data, adding pressure to the Federal Reserve as it balances its inflation fight with financial stability concerns. The central bank has been on an aggressive campaign to tame inflation, raising interest rates eight times since early last...

Hunger rates in Syria have escalated to record highs after more than ten years of brutal conflict, according to the World Food Program. The UN agency believes that years of economic crisis and damage to vital infrastructure from war have put some 2.9 million at risk of sliding into hunger.

The Foreign Experts Court of the Abu Dhabi Judicial Department (ADJD) has managed to maintain high adjudication rates in the cases brought before it over three years since it started operating in 2019.

Tokyo shares opened higher Thursday after minutes from a Federal Reserve meeting showed that US central bankers are determined to fight inflation despite recession worries. The dollar was at 135.86 yen, compared with 135.93 yen on Wednesday in New York.

Tokyo stocks opened lower Wednesday after a mixed close on Wall Street as lingering recession fears caused a rout on European bourses. The benchmark Nikkei 225 index was down 0.79 percent, or 209.58 points, at 26,213.89 in early trade, while the broader Topix index was down 0.69 percent.

Tokyo stocks opened higher on Thursday following gains on Wall Street, despite ongoing worries over inflationary pressure due to the war in Ukraine. Global markets perked up after the US Federal Reserve released its minutes in which policymakers, as investors expected, agreed that they need to raise rates by 50...

Economic growth in the eurozone accelerated and hit a seven-month high in April, a key survey showed on Friday, despite concerns about inflation and Russia's war in Ukraine. Meanwhile goods and services prices rose at an unprecedented rate in April amid another near-record rise in firms' costs.

Nudged by high oil prices, Saudi stocks inched up as the main index, TASI, gained 0.24 percent to touch 12,882, while the parallel market fell 0.22 percent to 24,487.

Shares of Ma’aden, the Saudi mining company, vaulted six percent in trading on Sunday when news broke of its record earnings for 2021.

Saudi Arabia will see a strong economic growth in the fourth quarter of 2021, due to a high oil production not seen since April 2020.

Price freezes, tax cuts, energy payments or credits, targeted aid... in the face of soaring energy prices European nations are deploying a variety of steps to cushion the blow for consumers.

Cryptocurrencies declined on Friday following an ETF-fueled rally that saw it reach a record $67,016 on Wednesday, as investors questioned whether the new investment vehicle will attract as much new money to the assets as some have speculated.

For the first time in nearly seven years, the stock of Saudi Basic Industries Corporation (SABIC) has touched its highest level at SR134.60 on Sunday, according to Argaam.

The rate of inflation in Saudi Arabia spiked in September after being at the lowest level in August, according to official data.

The Institute of International Finance (IIF) said that the UAE economy is rebounding from its deepest downturn in decades as oil prices recover and the country’s accelerated vaccination policy has allowed a broad-based reopening of sectors.

Egypt, the world’s biggest importer of wheat, has stopped buying the grain because the price of it is too high for the North African nation to afford.

Buyers from Middle East have been scouting London for property deals in prime central London, with sales in the first eight months of 2021 surpassing those for the whole of 2020.

Jebel Ali Free Zone has been buzzing with activity this year because of a huge jump in the number of companies setting up businesses in Dubai’s state-owned flagship business park this year.

The main Saudi stock index closed today, up, gaining 112.11 points, to close at 11495.76 points, with trading value worth SR 6 billion.

Saudi Arabia’s economy will benefit from higher oil prices and its successful COVID-19 vaccine roll-out, ratings agency S&P Global has said as it affirmed the Kingdom’s stable outlook in its latest report.

Most stock markets in the Gulf rose on Thursday as oil prices gained on growing fuel demand and a bigger-than-expected draw in U.S. crude inventories, although the Abu Dhabi index bucked the trend to trade lower.

Egypt's annual urban consumer price inflation rose to 5.7 percent in August, up from 5.4 percent in July, official statistics agency CAPMAS reported on Thursday, a 17 month high.

Demand for food in the Gulf Cooperation Council (GCC) will reach 52.4 million metric tons (MT) by 2025, up from 46.8 million in 2020.

Dana Gas, the UAE-based energy producer, is out of woods with a big rise in its net profit to $139 million in the first half of this year.

Dubai’s Palm Jumeirah has seen its sales and prices touch newer levels during the last few years, spurred by strong demand.

Investors are waiting with bated breath for Saudi Aramco to post its first half results and the expectation is that the company will post high profits.

At least 26 CEOs have resigned from the listed companies of Saudi Arabia in just last six months as the stresses of the Covid pandemic have taken a heavy toll on the mental health.

Thanks to a boost it received from higher oil prices, Fitch has revised its outlook for Saudi Arabia from negative to stable, and also reaffirmed the kingdom’s sovereign ratings.

Accelerated mostly by the cost of food and fuel, inflation in Saudi Arabia has surged to 6.2 percent in June, the highest this year.

 Gasoline price rise likely to ease the shortage of fuel Lebanon is experiencing one of the worst economic crises in history Faced with an acute shortage of gasoline, Lebanon’s caretaker Prime Minister Hassan Diab approved a proposal to finance fuel imports at a rate of 3,900 Lebanese pounds to the...