November 8, 2026
Trending now

World food prices ease in October as sugar extends rally

WHO reports 67 yellow fever cases in nine African countries

Egypt reserves climb $151.6 million to record $57.5 billion

Botswana diamond output rises 14% as economy shows recovery

Pitches and Keynote Speakers Are Confirmed for Blue Magic Netherlands on November 17

Modi launches Pune Metro projects worth ₹21,800 crore

MEAPMP Launches: Revamped Independent Ad-Tech & Premium Media Buying Across MEA

Abu Dhabi signs four OpenAI deals as Sheikh Khaled meets Altman

Indonesia’s non-oil exports drive $10.61bn trade surplus

FirstRand joins African lenders eyeing Kenya bank acquisitions

Tag : global economy

Business

Gold prices surge to record high near 4500 per ounce

omandailynews.com
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 markets and persistent geopolitical tensions. The benchmark spot price briefly touched $4,497.80 per ounce in...
Business

Gold prices rise as risk sentiment weakens globally

omandailynews.com
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 signals from the Federal Reserve that interest rates will remain restrictive until inflation is fully contained. Spot gold was...
Business

UAE strengthens position among fastest-growing economies

omandailynews.com
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 non-oil sectors, rising trade volumes, and sustained investment inflows. Official data and global economic assessments...
News

Egypt and India’s strategic symbiosis marking a new era in diplomacy

omandailynews.com
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 Modi's first state visit to Egypt, a testament to the growing bond between the two...
Business

PM Modi’s progressive policies bolster India-US tech collaboration

omandailynews.com
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 Dialogue on June 4-5. This meeting focuses on the implementation of the initiative on Critical...
Business

ADCB sees 27 percent increase in Q1 23 net profit reaching AED 1.87 billion

omandailynews.com
Abu Dhabi Commercial Bank (ADCB) has reported a remarkable 27% surge in its net profit for Q1 2023, reaching AED1.878 billion. The bank's net interest income also grew by 33% to AED2.851 billion, while non-interest income rose by 34% to...