UAE President meets IMF Managing Director in Abu Dhabi
MENA Newswire, ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan received Kristalina Georgieva, Managing Director of the International Monetary Fund, at Qasr Al Shati in Abu...
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...
Global oil demand growth revised down by OPEC by 106,000 barrels per day
OPEC has revised its 2024 global oil demand growth forecast down by 106,000 barrels per day, citing weaker-than-expected demand in non-OECD regions, impacting overall oil...
Egypt and India’s strategic symbiosis marking a new era in diplomacy
Egyptian President Abdel Fattah El-Sisi welcomed India’s Prime Minister, Narendra Modi, in a historic meeting at the Ittihadia Palace in Egypt today. This event marked PM...
PM Modi’s progressive policies bolster India-US tech collaboration
In a move that underlines the strengthening of India-US relations, New Delhi and Washington are set to host the inaugural meeting of the Strategic Trade...
US default threatens global crisis as $31.46 trillion debt deadline looms
The United States is facing a potential global economic crisis as it approaches a catastrophic default on its $31.46 trillion debt, according to US Treasury...