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Black Friday puts focus on consumer spending

Gulf Today

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November 24, 2025

With US stocks in the midst of a grim month, investors will look in the coming week for signs of strength in the US consumer with Black Friday putting the spotlight on the holiday shopping season.

The rally in stocks has stalled in November, with the benchmark S&P 500 declining more than 4% so far during the month. Strong quarterly results from semiconduct or giant Nvidia Corp failed on Thursday to calm markets, which have been rattled by concerns about elevated valuations and questions about returns on massive corporate investments in artificial intelligence infrastructure.

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Global economy shows signs of steady but subdued growth: UN

The global economy has shown resilience amid turbulence during the past year, including shifting trade policies - yet growth remains subdued and far below pre-pandemic levels, the UN said in a landmark report published on Thursday.

time to read

3 mins

January 10, 2026

Gulf Today

Gulf Today

Swiss inflation edges higher in December

The Swiss National Bank’s policymakers expect inflation to revive gradually, the minutes of their latest rate-setting meeting showed on Thursday, which will help it avoid cutting or hiking interest rates.

time to read

1 mins

January 10, 2026

Gulf Today

Osimhen and Nigeria seek harmony ahead of Algeria clash

Led by Victor Osimhen and Ademola Lookman, Nigeria's form at the Africa Cup of Nations has offered cause for optimism ahead of Saturday's heavyweight quarterfinal against Algeria despite reports of unrest in the squad.

time to read

1 mins

January 10, 2026

Gulf Today

EU envoys provisionally clear Mercosur trade deal

EU ambassadors gave provisional approval on Friday to the signing of the bloc’s largest ever free trade accord with South American group Mercosur, over 25 years since negotiations began and after months of wrangling to secure key member states’ backing, according to three EU diplomats and sources.

time to read

1 min

January 10, 2026

Gulf Today

First 'Creators Competition: X Originals' announced in Dubai

Creators HQ, the first content creator hub in the UAE and the Middle East and part of Visioneers, and the global social media platform X, announced Creators Competition: X Originals, the world's first-of-its-kind competition, in partnership with X Originals, an initiative first unveiled during the third edition of the I Billion Followers Summit, which concluded in Dubai last January.

time to read

2 mins

January 10, 2026

Gulf Today

GPSSA announces 2026 pension disbursement dates

The General Pension and Social Security Authority (GPSSA) announced that the date for disbursing retirement pensions for 2026 has been adjusted to align with official holidays in the UAE, aiming to ensure retirees receive their financial entitlements before holiday periods and national celebrations to meet their families' living needs.

time to read

1 mins

January 10, 2026

Gulf Today

Head, Smith earn praise as Australian media revel in Ashes win

Travis Head's swashbuckling batting and the decision making of stand-in captain Steve Smith were hailed as the keys to Australia's Ashes victory over England as the nation's media revelled in their 4-1 series win.

time to read

2 mins

January 10, 2026

Gulf Today

ADNEC Group prepares to host over 190 events in H1 2026

Following its most successful year to date in 2025, ADNEC Group, a Modon company, is gearing up for a strong first half (H1) of 2026, with a packed calendar of exhibitions, conferences, meetings and social events within its UAE-based venues.

time to read

3 mins

January 10, 2026

Gulf Today

It's up to Xi what China does in Taiwan, says US president

US President Donald Trump said \"it's up to\" Chinese President Xi Jinping what China does in Taiwan, the New York Times reported on Thursday.

time to read

2 mins

January 10, 2026

Gulf Today

SIT arrests ex-priest in Sabarimala gold theft case

The investigation into the alleged theft and misappropriation of gold from the Sabarimala Lord Ayyappa temple entered a decisive phase on Friday with the arrest of former Sabarimala Tantri and chief priest Kandararu Rajeevaru by the Kerala High Court-appointed Special Investigation Team (SIT).

time to read

1 mins

January 10, 2026

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