Abu Dhabi’s economy has posted impressive growth in the third quarter of 2024, underscoring the resilience and strength of the emirate despite the ongoing challenges in the global landscape. According to the latest report by the Statistics Centre – Abu Dhabi (SCAD),…
As 2024 draws to a close, the U.S. stock market is on track to reach an extraordinary milestone. The S&P 500 is poised to achieve consecutive annual gains of over 20%, a feat not seen since 1997-1998. Despite a slight dip in…
The US stock market keeps hitting new milestones, with Forbes calling it a “banner year” for the ultra-wealthy and welcoming 141 new billionaires into the fold. However, despite the gains for the rich, the economic outlook for 2025 is clouded with uncertainty.…
Having already endured eight straight days of losses as of Tuesday morning, the Dow Jones Industrial Average is heading toward its longest losing streak since 1978. Should the decline persist, it would mark the first nine-day losing streak since February of that…
As the year nears its close, global financial markets are gearing up for a week packed with critical events that could shape economic trajectories heading into 2024. Central banks in the United States, Japan, and the United Kingdom are preparing for pivotal…
The Nasdaq Composite has enjoyed an impressive 32% rise in 2024, fueled largely by enthusiasm surrounding artificial intelligence (AI). Historical data suggests this momentum could carry into 2025, with the index showing a pattern of strong returns following a successful year. As…
China’s leadership has laid out an ambitious plan to reinvigorate its economy in 2025, introducing a combination of looser monetary policies and more assertive fiscal measures. The announcement, made by the Politburo ahead of the annual Central Economic Work Conference, underscores the…
Nvidia has been a standout performer in the stock market over the past few years, regularly delivering triple-digit gains. In 2024, the chipmaker once again demonstrated its prowess, achieving a remarkable 180% year-to-date increase. However, even with its dominance, three S&P 500…
The global economy in 2025 is poised to challenge expectations, demanding extraordinary agility from policymakers and businesses alike. A combination of diverging growth rates, persistent inflation, and geopolitical tensions is shaping a landscape where uncertainty reigns supreme. US Maintains Economic Leadership Amid…
As 2024 nears its end, it’s the perfect time for investors to focus on their financial strategies for the coming year. With stock prices at record highs, the need to review and adjust investment portfolios has never been more crucial. This step…