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  • Rixos Hotels strengthen its presence in the UAE

    Rixos Hotels have revealed ambitious growth plans in the UAE to increase its portfolio of hotels and resorts by 2020, according to its CEO Bugra Berberoglu. Berberoglu pointed out ...

    15/02/2015 10:26:05 AM

  • Dubai`s government completes repayment of AED7.1 billion of liabilities

    The Dubai Department of Finance announced on Monday the repayment of AED2.5 billion in dirham sukuk, and $1.25 billion dollar sukuk, exported on October 28, 2009, and due on November 3, 201...

    03/11/2014 4:38:19 PM

  • German Bunds sell below 1% yield for the first time ever

    Germany sold 10-year government debt with borrowing costs below 1% for the first time ever at an auction on Wednesday. The government sold 4.1 billion euros ($5.2 billion) at a...

    01/10/2014 11:40:12 AM

  • Arab Countries join U.S.-led attack of Islamic State targets in Syria

    The United States and several Arab countries have launched air and missile strikes on Islamic State targets in Syria, starting a new complicated front in the war against the militants. ...

    23/09/2014 7:47:03 AM

  • UAE President Appoints New Central Bank Governor

    President of the UAE Sheikh Khalifa bin Zayed Al-Nahyan issued a federal decree on Monday restructuring the board of governors of the UAE Central bank. According to the decre...

    22/09/2014 2:52:45 PM

  • Eurozone current account at 18.7 bln euros in July

    The European Union`s statistical office said that the Eurozone current account posted a seasonally adjusted surplus of 18.7 billion euros in July. Excluding seasonal adjustment, the account ...

    19/09/2014 9:30:00 AM

  • New Zealand`s consumer confidence

    New Zealand`s ANZ consumer confidence index recorded 127.7 in September compared with a previous 125.5. The confidence index came in at 1.8% in September, following an decline by ...

    19/09/2014 1:22:05 AM

  • Yellen says low-income U.S. families `extraordinarily vulnerable` to financial setbacks

    Federal Reserve Chairwoman Janet Yellen said the financial crisis showed that American families are “extraordinarily vulnerable” to financial setbacks to a conference on savings a...

    18/09/2014 1:11:28 PM

  • U.S. Jobless Claims Fall to Lowest Since July, Continuing Claims Fall to Pre-Crisis Levels

    Americans filing new claims for jobless benefits declined more than estimated last week, while continuing claims fell to pre-crisis levels, indicating last month’s slowdown in job growt...

    18/09/2014 12:54:32 PM

  • Japan merchandise trade balance deficit narrowed in August

    Japan`s adjusted merchandise trade balance deficit narrowed in August; however, instability in exports` performance remains obvious along with a drop in global demand for Japanese products. ...

    18/09/2014 12:10:45 AM

  • New Zealand`s GDP growth accelerate in Q2

    New Zealand`s Growth Domestic Product (GDP) grew 0.7% in the second quarter of this year compared with 1.0% in the previous three months, and the reading topped analysts` estimates of 0.6%. ...

    17/09/2014 11:10:29 PM

  • Australia`s leading index drop

    Australia`s Westpac leading index came in at -0.1% in August, which is the same previous reading.

    17/09/2014 12:33:50 AM

  • New Zealand`s current account deficit below forecasts

    New Zealand`s current account balance recorded a deficit of $0.95 billion in the second quarter of this year, following a surplus of $ 1.407 billion in the first quarter, while median estimates...

    16/09/2014 11:53:16 PM

  • U.S. August Producer Prices Unchanged as Expected

    The producer price index in the U.S. was unchanged in August, matching estimates by Bloomberg after a 0.1% rise in July. On an annual basis, wholesale prices increased 1.8%. ...

    16/09/2014 12:41:07 PM

  • RBA meeting minutes

    The Reserve Bank of Australia released its September meeting minutes, where monetary policy makers decided to keep interest rate steady at its record low of 2.5% to support the economy. ...

    16/09/2014 1:50:07 AM

  • Empire State Manufacturing Jumps to Five-Year High

    Manufacturing activity in the New York region was stronger than expected in June, the New York Federal Reserve said Thursday. The Empire State diffusion index of current general ac...

    15/09/2014 12:39:10 PM

  • Eurozone trade surplus at 21.2 billion euros in July

    The first estimate for the Eurozone trade balance showed a non-seasonal surplus of 21.1 billion euros in July, compared with revised 16.7 billion euros a month ago. On the seasonal basis, th...

    15/09/2014 9:40:47 AM

  • Swiss producer-import prices for July

    Switzerland`s producer & import price index fell 0.2% in July, trailing analyts` median forecast of 0.0% and the previous estimate of 0.0% in June. From a year earlier, the gauge slowed dow...

    15/09/2014 7:42:30 AM

  • Slowing performance of services in New Zealand

    New Zealand performance of services index came in at 57.9 in August compared with 58.4 back in July.

    15/09/2014 1:25:07 AM

  • Industrial Production in Japan

    Japan’s industrial production recorded 0.4% in July’s final reading, from a previous reading of 0.2% a month earlier, while the yearly reading recorded -0.7% in July’s final...

    12/09/2014 4:41:36 AM

  • U.S. jobless claims rose to 315,000 last week

    Filings for unemployment insurance benefits increase more than estimated last week to a two-month high, halting a steady decrease to the lowest level since before the financial crisis. ...

    11/09/2014 12:41:29 PM

  • Unemployment in Australia slows in August

    Australia’s Unemployment recorded more-than-estimated slowing during the month August, adding recovery signs to labor market in Australia despite the current weakness in mining sector. ...

    11/09/2014 1:45:04 AM

  • Slower Consumer prices in China

    Chinese consumer prices slowed during the month of August amid the recent instable economic performance in the world’s second largest economy. Consumer Price Index in China also sl...

    11/09/2014 1:43:46 AM

  • Consumer confidence in Australia fell in September

    Australia`s Westpac consumer confidence index came in at 94.0 in September compared with a previous 98.5 back in August. The Consumer confidence index slid 4.6% in September, after it gained a ...

    10/09/2014 12:49:41 AM

  • Machine orders in Japan rose in July

    Machine orders in Japan rose 3.5% in July compared with a previous incline by 8.8%, while analysts` estimates referred to 4.0%. On the yearly record, machine orders recorded...

    10/09/2014 12:14:39 AM

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