The government media office in UAE said in a statement issued on Tuesday that Dubai’s real GDP decreased by 3.5% in Q1 year-on-year as the country was hit by the Covid-19 pandemic, according to Reuters. The government said some sectors such as real estate and finance have maintained their strength …
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21 May, 2026 4:07 pm
Wall Street Futures Stumble as Iran’s Khamenei Bans Uranium Exports: Nvidia’s Record Quarter Fails to Impress
Key Takeaways Futures fall: Dow futures dropped 156 points (-0.3%), S&P 500 futures dipped 0.4%,…
21 May, 2026 3:16 pm
Gold Slips as “Final Stages” Peace Hopes and Dollar Strength Overshadow Bullion’s Safe-Haven Appeal
Key Takeaways Gold edges down: Spot gold fell 0.2% to $4,536.09 per ounce, while gold futures droppe…
21 May, 2026 2:00 pm
European Stocks Dip as Nvidia’s Record Quarter Fails to Dazzle: Iran “Final Stages” Deal Hopes Offer Comfort
Key Takeaways Modest losses: The Stoxx 600 slipped 0.2%, Germany’s DAX fell 0.2%, the FTSE 100…
21 May, 2026 12:47 pm
Iran Reviews U.S. Peace Offer as Trump Warns “Final Stages” of War: Nuclear Demand Remains the Sticking Point
Key Takeaways Iran reviewing U.S. position: The Foreign Ministry confirmed receipt of the latest …
21 May, 2026 11:27 am
Oil Climbs as Trump Warns Strikes “Right on the Borderline”: Iran Launches Hormuz Toll Authority as Talks Teeter
Key Takeaways Oil recovers: Brent crude rose 0.6% to $105.61 per barrel, while WTI gained 0.8% to $9…
21 May, 2026 2:30 am
Euro Climbs as Weakening US Dollar and Falling Oil Prices Boost Market Sentiment
The Euro recovered against the US Dollar on Wednesday, with the EUR/USD pair rising around 0.2% afte…
21 May, 2026 12:36 am
Market Drivers: US Dollar Slips as Fed Caution Collides With Rising Optimism Over Iran Talks
The US Dollar weakened against major global currencies on Wednesday as improving sentiment surroundi…
20 May, 2026 11:11 pm
AI Layoffs Surge in 2026 as Tech, Banking, Healthcare, and Retail Slash Thousands of Jobs
The global wave of artificial intelligence-driven layoffs is accelerating at a pace far beyond last …
20 May, 2026 10:06 pm
Fed Minutes Strengthen Higher-for-Longer Rate Fears as Inflation Risks Keep Markets on Edge
Federal Reserve Signals Growing Concern Over Persistent InflationFresh minutes from the latest Feder…
20 May, 2026 9:34 pm
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