Markets

DP World launches Middle East’s first $100 million blue bond to fund sustainable marine transport

Eligible initiatives include reducing maritime pollution, sustainable ports, and water quality

Crude oil prices face weekly decline of over 2 percent amid Fed’s demand concerns

Brent oil futures set to expire in February slipped 0.5 percent to $72.49 a barrel

Bitcoin trades near $100,000 after Powell says “we’re not allowed to own Bitcoin”

In the last week, the world's largest cryptocurrency lost 0.10 percent of its value

Gold reserves at CBUAE surpass $6.3 billion in Q3 2024

Reserves grew month-on-month by $316.9 million

UAE gold prices fall AED5, global rates dip following Fed rate cut

Investor sentiment was impacted after the central bank signaled fewer rate cuts next year

Crude oil prices fall 0.6 percent following Fed’s 0.25 basis point rate cut

Brent oil futures for February delivery decreased by 0.5 percent to $73.02 per barrel

Emirates NBD launches $500 million sustainability bond on Nasdaq Dubai

The bond is the world’s first SLLB issued under the new ICMA/LMA framework

Crude oil prices show little movement ahead of Fed meeting

Brent oil futures for February delivery held steady at $73.20 a barrel

UAE, global gold prices rise with Fed’s policy decision in focus

Market focus is on the bank's economic projections and the dot plot which may offer additional insights into the monetary policy trajectory

UAE, global gold prices show minimal movement ahead of Fed meeting

Gold consolidated between $2,600 and $2,700 as traders bought dollars before key central bank meetings

Crude oil prices fall ahead of Fed meeting amid weak Chinese economic data

Brent Oil Futures decreased by 0.2 percent, settling at $73.81 per barrel

Bitcoin surges to record high $106,533 on U.S. strategic reserve plans

Since the November 5 election, Bitcoin has surged more than 50 percent

Crude oil prices dip amid cautious market sentiment and Fed meeting

Brent Oil Futures expiring in February fell 0.3 percent to $74.28 a barrel

UAE, global gold prices rise ahead of Fed meeting

Traders are pricing a 93.4 percent chance of a quarter-point cut during the Fed's December 17-18 meeting

ADFW 2024: Finstreet launches first-of-its-kind international securities financial market infrastructure

With FSRA approval, Finstreet’s regulated subsidiaries are operational, accepting applications from professional investors

UAE gold prices down, global rates set for weekly gain ahead of Fed’s verdict

In five days, the Federal Reserve will meet to decide on whether to cut interest rates this month

Oil prices dip amid supply surplus expectations and China’s stimulus efforts

Brent oil futures fell by 0.1 percent to $73.34 per barrel

Indonesia lists three sukuk worth $2.75 billion on Nasdaq Dubai

With the latest issuance, Indonesia's total listed sukuk on the exchange reached $24.6 billion across 21 listings

Global gold prices dip from over one-month high, UAE rates rise on rate cut bets

Traders currently expect a 98.6 percent chance that the Fed will cut rates by 25 basis points

Oil prices surge modestly amid China’s stimulus optimism and U.S. economic indicators

Brent crude futures for February delivery ascended by 0.4 percent to $72.47 a barrel

Gold prices fall from two-week high ahead of key U.S. inflation data

Inflation data could help set market expectations for the Fed's 2025 policy

Bitcoin MENA 2024: Eric Trump confident that Bitcoin will hit $1 million

Trump kicked off his speech by praising the UAE, stating that “the UAE is a developer’s greatest dream"