3+ hour ago   (886+ words) Global leaders are descending on Davos with an ambitious goal: Rekindling the spirit of dialogue at a moment when the world seems more divided than ever. The World Economic Forum's 56th Annual Meeting, running January 19-23, brings together more than 2,500 chief executives,…...

5+ hour, 40+ min ago   (635+ words) Gold and silver prices fell further on Friday as better-than-expected U.S. economic data reduced bets on an early interest rate cut by the Federal Reserve, while easing geopolitical tensions also weighed on safe-haven demand. In the UAE,gold rates also eased…...

1+ day, 5+ hour ago   (574+ words) Gold and silver prices edged lower on Thursday as investors took profits after three straight sessions of record highs, while a softer stance from U.S. President Donald Trump on the Federal Reserve Chair and Iran reduced demand for safe-haven assets. In…...

2+ day, 17+ hour ago   (485+ words) In its recent Global Economic Prospects report released today, the World Bank anticipates that the UAE economy will expand by 5 percent in 2026 and rise to 5.1 percent in 2027. The report notes that, despite persistent trade tensions and policy uncertainty, the global…...

4+ day, 4+ hour ago   (418+ words) The rally reflects a confluence of geopolitical and policy uncertainties in the early months of Trump's second term." Spot gold climbed 1.5 percent to $4,478.79 early in the session before pushing beyond $4,600, driven by spot market buying and ETF inflows. By midday,…...

6+ day, 19+ hour ago   (227+ words) The December nonfarm payrolls gain of 50,000 fell short of economist forecasts around 55,000-73,000, highlighting subdued hiring into year-end. Downward revisions shaved 76,000 jobs from October and November combined: October now shows a 173,000 loss (worse than the prior 105,000 drop), while November slipped to…...

1+ week, 3+ hour ago   (414+ words) Elias Al Helou is a digital editor and translator at Economy Middle East and Economy Saudi Arabia. He has obtained degrees in journalism and mass communication, as well as English language and literature. Elias has an extensive professional experience, having…...

1+ week, 2+ day ago   (536+ words) Global stock markets signaled a subdued Wednesday open, digesting Wall Street's fresh records'including the Dow Jones Industrial Average's first close above 49,000 at 49,462.08. From mixed Asian benchmarks cooling off Tokyo's Nikkei dip to Europe's steady Stoxx 600 near highs, investors eyed U.S. labor…...

1+ week, 2+ day ago   (258+ words) In the UAE, gold rates experienced a slight decline on Wednesday, with 24-carat gold dropping by AED0.75 to AED537.75. Likewise, 22-carat, 21-carat, and 18-carat gold saw reductions of AED0.50, bringing their prices to AED498.00, AED477.50, and AED409.25, respectively. A stronger dollar, hovering near a more-than-two-week high,…...

1+ week, 3+ day ago   (330+ words) Spot gold rose to $4,457.54 per troy ounce, reflecting a 0.37 percent daily increase and a 5.65 percent gain over the prior month. This uptick followed a brief pullback from late-2025 peaks, with renewed buying kicking off the year strong after gold's 65 percent…...