back Back to news
Economy Politics Local 2026-03-30T17:15:42+00:00

EU Economic Confidence Index Declines

Official data from the European Commission showed a decline in the EU's economic confidence index in March, indicating ongoing uncertainty due to geopolitical risks and inflation.

EU Economic Confidence Index Declines

The economic confidence index in the European Union declined in March, according to official data released by the European Commission on Monday. This indicates a continuation of the state of uncertainty. Experts attribute this to geopolitical risks and inflationary pressures affecting business sentiment in the region. Nevertheless, some sectors of the economy show resilience.

Latest news

See all news
Global Bond Markets Surge Amid Conflict Fears
2026-03-30T14:14:00+00:00

Global Bond Markets Surge Amid Conflict Fears

Global sovereign bond markets have surged due to concerns over a conflict escalation. Increasing uncertainty is driving investors to safer assets, boosting bond prices and lowering yields. Analysts expect this trend to continue until the conflict situation clarifies.
Economy Politics Local
Global car production falls for fourth consecutive month
2026-03-30T14:13:33+00:00

Global car production falls for fourth consecutive month

Global car production in February fell by 3.9% to 749,673 units. The main decline was recorded in Canada, China, Japan, and the Middle East. In contrast, the United States saw growth. The reason for the decrease is the shift of the production line to the new RAV4 model by Toyota.
Economy Local
RAK Bank Wins Two Awards at Euromoney Private Banking Awards 2026
2026-03-30T14:11:19+00:00

RAK Bank Wins Two Awards at Euromoney Private Banking Awards 2026

RAK Bank, the National Bank of Ras Al Khaimah, has won two awards at the prestigious Euromoney Private Banking Awards 2026. The bank's 'Elite' services were named the best in the Middle East and the UAE for premium banking.
Economy Local
Credit Information Union Adds Non-Bank Data
2026-03-30T14:09:56+00:00

Credit Information Union Adds Non-Bank Data

The Credit Information Union has expanded its database by including non-bank financial transactions. This innovation is aimed at improving the assessment of borrowers' creditworthiness and reducing risks for banks.
Economy Local