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Economic News
Dubai
October 12, 2022
Oil prices extend decline on recession fears, China COVID curbs
Oil prices fell for a third straight session on Wednesday as investors fretted about a hit to fuel demand from…
Economic News
Dubai
October 7, 2022
Oil Slips Before U.S. Payrolls, but set for Best Week in 6 Months
Oil prices fell on Friday as markets awaited more economic cues from a closely-watched U.S. payrolls report, but were headed…
Economic News
Dubai
October 4, 2022
Oil Prices Rise to Near $90 as OPEC Cut Looms
Oil prices rose further on Tuesday as markets positioned for the biggest supply cut by OPEC since the 2020 COVID…
Economic News
Dubai
October 3, 2022
Gold Steadies Above $1,650 as Safe Haven Appeal Creeps Back in
Gold prices steadied above a major support level on Monday as growing risks of an economic recession spurred some safe-haven demand for the yellow metal.…
Economic News
Dubai
September 30, 2022
Oil Heads For Fourth Straight Monthly Loss as OPEC Meeting Looms
Oil prices rose slightly on Friday, but were set for a fourth straight month of losses amid growing concerns over…
Economic News
Dubai
September 30, 2022
Oil Heads For Fourth Straight Monthly Loss as OPEC Meeting Looms
Oil prices rose slightly on Friday, but were set for a fourth straight month of losses amid growing concerns over…
Economic News
Dubai
September 29, 2022
Govt hikes DA by 4% under 7th Pay Commission; details here
The Union Cabinet has hiked the Dearness Allowance (DA) of central government employees and pensioners by 4 percent under the…
Economic News
Dubai
September 26, 2022
Oil Prices Hover Near 8-Mth Low as Recession Fears Dent Outlook
Oil prices held near eight-month lows on Monday after falling sharply last week as markets feared that slowing global economic…
BOJ
Dubai
September 22, 2022
BOJ Holds Ultra-Low Interest Rates Despite High Inflation, Fed Pressures
The Bank of Japan (BOJ) held its benchmark interest rates at ultra-low levels on Thursday, as expected, citing the need…
Economic News
Dubai
September 21, 2022
Asian Stocks Slammed by Fed Rate Hike Risks
Asian stock markets sank on Wednesday, tracking overnight losses on Wall Street as investors awaited an interest rate hike and…
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