UAE economy surges ahead while Western markets slide toward recession as Gulf nation draws investors seeking stability
Market Volatility
Latest in Market Volatility
equities
Investment managers turn attention to European equities amidst Trump policy-induced heightened market uncertainty
European equities, especially those in government-backed defense and infrastructure sectors, are predicted to offer strong upside potential
Bombay Stock Exchange
Indian equity market soars on Monday after five consecutive days of decline
The flagship BSE Sensex opened 1.16 per cent higher at 80,295.22, while the Nifty50 rose 1.01 per cent to 24,425.30 in the morning trading hours
Bitcoin
Middle East conflict triggers 12% plunge in global cryptocurrency market, Bitcoin falls to $60,750: Experts
The cryptocurrency market has seen a very intense liquidation over the last few days following the sudden escalation of the regional conflict in the Middle East
economic slowdown
Is a recession coming in 2025?
Recessions in major economies could reduce oil demand, potentially leading to economic uncertainties in GCC nations, experts warn
Market Volatility
Wall Street fear index hits 3-month high as markets slump
As many as 1.5 million VIX options were traded on Thursday, nearly double the average daily volume, indicating heightened market apprehension
Market Volatility
Tech stocks crash: $1 trillion rout hits Nasdaq 100 over AI jitters
The Nasdaq indexes tumbled more than 3% on Wednesday, with the list of laggards being a who’s-who of AI technology darlings, led by semiconductor companies such as Nvidia, Broadcom and Arm Holdings
Abu Dhabi bourse
Interest rate hike: UAE, US bourses see mixed performances on Wednesday
The Abu Dhabi main index edged 0.065 percent higher, supported by First Abu Dhabi Bank gaining 1.3 percent to close AED16.00
food inflation
Inflation takes flight – but what goes up must come down
The opportunity presented in regional investment-grade bonds stands out in the asymmetry between the upside and downside at present, particularly in comparison to other markets
Abu Dhabi Securities Exchange
Middle East IPO market booms, outpacing Europe: Everything you need to know about the region’s latest mega listings
Here’s an overview of how the biggest IPOs in the Middle East have performed this year, along with insights on upcoming major developments
Abu Dhabi Securities Exchange
ADX launches future contracts on FADX 15 as the first index derivatives listing on the stock exchange
Each FADX 15 Index futures contract will be equivalent to the dirham value of the FADX 15 index
Economic activity
Can the Middle East economic outlook remain positive amid mounting market pressure?
The GCC macroeconomic environment is receiving strong support from rising oil prices, which is being used to offset the impact of rising inflation and supply chain disruptions
Bitcoin
UAE’s BitOasis fires nine employees amid global crypto downturn
The move happens on the back of extreme volatility in the crypto market where major digital coins, including Bitcoin, were hit by a shop drop in valuation
commodity prices
MENA oil exporters face brighter prospects despite challenging global outlook
Expected MENA GDP growth is at 5 percent but masks ‘significant differences across countries with oil exporters upgraded,’ IMF’s Jihad Azour said
economic outlook
Evaluating concerns over inflation, recession, and your investments
Is inflation here to stay? Is the growth scare justified? What are the investment perspectives? Emirates NBD’s CIO Maurice Gravier answers three of the most concerning questions in 2022
Day trading
It is time for traders to fasten their seatbelts for turbulent markets
With energy costs soaring, a war in Europe, and an evolving pandemic, there has never been a greater need for traders to keep a cool head
banking industry
How will the volatility of the European banking sector impact the Middle East?
Do past and present circumstances paint a dark picture for investors who historically look for stability and profit in the European banking sector? Read what the experts have to say