UAE and Italy leaders discuss security and cooperation
ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan and Italian Prime Minister Giorgia Meloni held talks in Abu Dhabi on Sunday, focusing on regional developments...
Tag : global economy
UN flags global economy operating near stagnation
NEW YORK: The global economy is experiencing a period of subdued economic performance marked by weak momentum and limited expansion, according to the latest assessment by the United...
Bitcoin and crypto markets react to global $17.3 trillion oil shock
CryptoWire, LONDON: Global financial markets are navigating renewed turbulence after warnings of a potential $17.3 trillion oil price shock that could reverberate across energy, currency, and digital...
Gold prices surge to record high near 4500 per ounce
LONDON, December 24, 2025: Gold prices surged to an all-time high on Monday, approaching the $4,500 per ounce mark, as investors sought stability amid volatile global...
Gold prices rise as risk sentiment weakens globally
LONDON, December 19, 2025: Gold prices rose on Thursday as investors shifted toward safe-haven assets amid weaker risk sentiment following mixed U.S. labor market data, geopolitical tensions, and firm...
UAE strengthens position among fastest-growing economies
ABU DHABI, December 18, 2025: The United Arab Emirates strengthened its position in 2025 as one of the world’s fastest-growing economies, driven by broad-based expansion in...
Tesla loses ground in China as local rivals gain strength
Elon Musk’s companies face rising costs, falling stocks, and backlash as U.S. tariffs and global tensions grow....
South Korea’s economy expands 2 percent in 2024, stable growth
Bank of Korea confirms South Korea’s economy grew 2 percent in 2024, showing resilience amid global challenges and steady GDP recovery....
India remains a top investment hub as World Bank reaffirms confidence
The World Bank reaffirms confidence in India’s economic growth, citing strong resilience, investment appeal, and progressive policies that drive the country’s global economic leadership....
Crude extends gains amid OPEC+ uncertainty and weaker U.S. dollar
Oil prices extended gains, settling above $72 a barrel as supply concerns, OPEC+ policy uncertainty, and a weaker U.S. dollar supported crude amid market volatility....