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2026-08-31T00:00:00.000Z

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Journalists Association releases Emirati Woman's Journey

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8 Hrs2026-08-31T08:56:00.000Z
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Al-Hafarah Arabia supplies 11 excavators to SLB for 3 billion riyals

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Al-Hafarah Arabia supplies 11 excavators to SLB for 3 billion riyals

2PointZero Subsidiary Gains 90% of Azura Power

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2PointZero Subsidiary Gains 90% of Azura Power

Emirati-Egyptian commits to banking measures

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IMF Warns Global Debt to Surpass 100% of GDP by 2029

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22 Hrs2026-08-30T19:18:53.551Z
IMF Warns Global Debt to Surpass 100% of GDP by 2029
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European markets fall amid oil price increase

European markets fall amid oil price increase

European stocks edged slightly lower today, Monday, due to renewed tensions between Washington and Tehran, amid rising oil prices and bond yields. The Stoxx 600 index declined by 0.1%, while the German DAX fell by 0.7% ahead of the upcoming inflation data. The energy sector supported its recovery as Brent crude oil increased by more than 2%, nearing $90.70 per barrel, following US forces targeting missile platforms in the Strait of Hormuz and Iran responding with strikes in Jordan. Meanwhile, investors await Germany’s inflation figures to inform the European Central Bank's decisions in September. Despite these developments, the index is on track to achieve a monthly gain of approximately 0.9%, backed by positive corporate results and momentum in the artificial intelligence sector.

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