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UAE, Bahrain central banks establish $5. 4 billion currency swap agreement
1+ hour, 47+ min ago (233+ words) Economy Middle East UAE, Bahrain central banks establish $5. 4 billion currency swap agreement The central banks of United Arab Emirates and Bahrain announced the establishment of a currency swap agreement between the UAE dirham (AED) and the Bahraini dinar (BHD), signed…...
Middle East economic growth to slow to 1. 8 percent in 2026, says World Bank
5+ hour, 48+ min ago (581+ words) Economic growth in the Middle East, North Africa, Afghanistan and Pakistan (MENAAP) region is expected to slow from 4. 0 percent in 2025 to 1. 8 percent in 2026, according to the World Bank's latest Regional Economic Updates. This forecast stands 2. 4 percentage points below the World…...
Stock market today: Japan's Nikkei slips, Wall Street futures ease as oil prices rise on renewed Mideast concerns
7+ hour, 54+ min ago (460+ words) Asian stock markets declined on Thursday as early signs of strain emerged in the fragile U. S-Iran ceasefire, pushing oil prices higher again and reinforcing investor concerns that the inflationary effects could persist. There was little indication that the Strait of…...
Dubai real estate demand remains stable as core communities continue to attract strong interest
21+ hour, 54+ min ago (620+ words) Moments of uncertainty are often expected to slow decision-making. But in Dubai's real estate market, search patterns from early March on Bayut suggest something more layered. Instead of stepping away, many property seekers appear to be leaning in, not impulsively,…...
Dubai Chamber of Commerce, Emirates NBD hold dialogue with private sector to support financial resilience
23+ hour, 24+ min ago (386+ words) Dubai Chamber of Commerce organized on Wednesday an interactive open dialogue in collaboration with Emirates NBD, with the participation of 86 representatives from the private sector. The session focused on the business community's most pressing banking needs, while showcasing the bank's…...
Saudi ministers spotlight importance of King Abdullah Port in strengthening connectivity with Gulf states
1+ day, 2+ hour ago (374+ words) Saudi Arabia's Minister of Transport and Logistic Services Saleh Al-Jasser and Minister of Investment Fahad Al-Saif inspected King Abdullah Port in Rabigh Governorate as part of ongoing efforts to monitor the development of the logistics sector and ensure the smooth…...
U. S. dollar falls as investor risk appetite returns following Iran ceasefire
1+ day, 3+ hour ago (322+ words) The U. S. dollar fell to its weakest level in a month against a basket of major currencies after the United States and Iran reached a two-week ceasefire agreement. The U. S. dollar index, which tracks the greenback against a basket of major currencies…...
Stock market today: Nikkei 225 rallies, Nasdaq steadies as investors react to U. S. -Iran ceasefire; European benchmarks lag
1+ day, 6+ hour ago (404+ words) Economy Middle East Stock market today: Nikkei 225 rallies, Nasdaq steadies as investors react to U. S. -Iran ceasefire; European benchmarks lag Global stock markets showed mixed performance on Wednesday as investors responded to a U. S. -Iran ceasefire. Equity indexes in Asia, Europe, and…...
Stock market today: Nikkei 225 rallies, Nasdaq steadies as investors react Strait of Hormuz reopening; European benchmarks lag
1+ day, 6+ hour ago (410+ words) Economy Middle East Stock market today: Nikkei 225 rallies, Nasdaq steadies as investors react Strait of Hormuz reopening; European benchmarks lag Global stock markets showed mixed performance on Wednesday as investors responded to a U. S. -Iran ceasefire and the reopening of the…...
Gold prices hit three-week peak to $4, 821 as U. S. dollar softens following Trump-Iran ceasefire
1+ day, 7+ hour ago (261+ words) Gold prices climbed to a three-week peak during Wednesday's Asian trading session as the U. S. dollar softened. This followed President Donald Trump's agreement to a two-week ceasefire with Iran, which prevented scheduled attacks on that nation's civilian infrastructure. Spot gold increased…...
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