News
Middle East war pushes global growth to slowest rate since Covid-19
1+ hour, 47+ min ago (545+ words) Thu, Jun 11, 2026 | Dhu al-Hijjah 25, 1447 | Fajr 03: 58 Global economy growth will grow at the slowest pace since Covid-19 due to the Middle East and high oil prices, said a new report released on Thursday. According to the World Bank Group's latest Global…...
UAE firms ramp up resilience spending as cyber threats expose gaps
2+ hour, 51+ min ago (236+ words) Thu, Jun 11, 2026 | Dhu al-Hijjah 25, 1447 | Fajr 03: 58 Businesses in the UAE are stepping up investments in resilience, but significant gaps remain in their ability to withstand disruptions, experts say. Encouragingly, the report notes a shift in mindset. BCM is increasingly moving from…...
Gold prices remain under pressure, 22 K stays below Dh500 in Dubai
6+ day, 12+ hour ago (22+ words) Going forward, analysts say that attention will remain firmly on geopolitical developments in the Middle East and the upcoming US employment reports...
India's fuel demand outlook hit by price hikes, slowing industrial activity
1+ week, 1+ day ago (487+ words) India is expected to see less growth in gasoline and diesel demand this year after a series of price hikes last month that reflect higher oil costs triggered by the Iran war, with early signs of stress already visible in…...
UK manufacturers raise prices at fastest pace in nearly 4 years, PMI shows
1+ week, 3+ day ago (422+ words) Mon, Jun 01, 2026 | Dhu al-Hijjah 15, 1447 | Fajr 04: 00 British manufacturers raised their prices at the fastest rate since June 2022 last month in response to a big increase in costs as the Iran war disrupts supply chains, according to a survey likely to concern…...
Middle East war: Family offices taking medium-term approach, reducing exposure to dollar
1+ week, 4+ day ago (393+ words) Sun, May 31, 2026 | Dhu al-Hijjah 14, 1447 | Fajr 04: 00 Family offices in the Middle East and globally are taking a medium-term approach, considering reducing exposure to the US dollar and prioritising diversification across different asset classes amid geopolitical conflict and rising threats around recessions....
UAE economy grows 6. 2%, GDP rises to Dh1. 9 trillion in 2025
1+ week, 5+ day ago (28+ words) The UAE economy continues to post strong performance, reflecting sustained progress toward the goals of the 'We the UAE 2031' vision, the minister of economy and tourism highlighted...
Dubai gold prices recover further after hitting two-month low
1+ week, 6+ day ago (23+ words) Investors were assessing reports of a US-Iran ceasefire agreement amid growing concerns around inflation and interest rate hikes by the Federal Reserve...
Long-term interest rates seen easing after Middle East-driven surge
2+ week, 1+ hour ago (374+ words) Long-term interest rates, which have climbed sharply amid the Middle East conflict, are likely to ease later this year as markets reassess the persistence of the shock, according to research from Oxford Economics. The surge in global bond yields reflects…...
Central banks must maintain independence: ECB's Lagarde
2+ week, 2+ hour ago (345+ words) Speaking at a conference in Cambodia, she added that central banks in the developed world had lessons to learn from those in emerging markets. Concerns over threats to central bank independence have risen as US President Donald Trump has put…...