Business

World Bank forecasts accelerated growth for UAE in 2024

The United Arab Emirates (UAE) is poised for accelerated economic growth in 2024, with the real gross domestic product (GDP) projected to surge by 3.9 percent, according to the Spring 2024 Gulf Economic Update (GEU) released by the World…

BJP victory could propel stock markets, UBS notes

In a detailed analysis ahead of the final results of India’s Lok Sabha elections, UBS has projected the implications of four potential outcomes on the stock markets, with particular emphasis on the performance of benchmark indices such as…

Gold retreats from peak amid rising US dollar strength

In a marked retreat from its recent surge, gold prices declined on Tuesday as the US dollar showed continued strength, tempering the momentum that had pushed the precious metal to a record high. On Monday, gold prices had soared to an…

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