featured

Reading Time 3 minutes

UAE equity markets have come under pressure as geopolitical tensions drive sharp volatility across global markets. The Dubai Financial Market (DFM) has dropped about 17% since March 4, while the Abu Dhabi Securities Exchange (ADX) has fallen nearly 6%, with banking and property stocks leading the decline.

Clock12/03/2026

Gold recovered above the US$4,000 mark after last week’s pullback, but analysts say the correction is masking a deeper shift in global demand. While short-term investors have reduced exposure, central banks and long-term buyers—particularly in China—continue to increase their gold holdings, reinforcing gold’s role as a strategic reserve asset.

Kuwait’s annual inflation rate rose 2.19% in June, driven by higher prices for food, transport, healthcare, education, clothing, and other consumer goods, according to official data. Food and beverages saw the largest increase at 5.55%, while miscellaneous goods and services climbed 5.8%.

Second-quarter earnings are beating expectations at one of the fastest rates in years, with major banks leading the way. But as markets set a higher bar, company outlooks are proving just as important as financial results. While strong guidance is rewarding stocks, cautious forecasts from companies like Citigroup and IBM have triggered sharp market reactions, highlighting a growing focus on future growth over past performance.

Reading Time 3 minutes

The IMF has praised the UAE’s economic resilience following its latest consultation visit, highlighting the country’s strong financial system, effective policy response, and ability to withstand regional geopolitical challenges. The Fund also commended the UAE’s banking sector, fiscal strength, and proactive measures that continue to support economic stability and investor confidence.

Clock20/07/2026
Latest news
Property
Aramco and Rongsheng Petrochemical Collaborate on SASREF Expansion Project
20/11/2024
Money
UAE Leads the Middle Eastern Banking Sector with Digital Transformation and $1.1 Trillion Assets
19/11/2024
Money
Abu Dhabi Strengthens SME Framework for Sustainable Economic Growth
19/11/2024
Money
MultiBank Group Named Best Global Financial Institution at Money Expo Qatar 2024
19/11/2024
Money
Al Etihad Payments Joins PCI SSC to Strengthen UAE Payment Security
18/11/2024
Money
Najm Wins Best Call Center Award at The Saudi CX Awards
15/11/2024
Money
Europe’s Economy Faces Sink-or-Swim Moment as Trump Returns
By JON SINDREU 15/11/2024
Money
Shoe Brands’ Secret to Success? Going Slow
By JINJOO LEE 15/11/2024
Money
Does Warren Buffett Know Something That We Don’t?
By SPENCER JAKAB 15/11/2024
Money
How to Pick the Perfect Souvenir When Travelling
By KATHLEEN HUGHES 15/11/2024
Load more