Markets

UAE’s ADX sees $507.2 million in ETF trading value during eight months of 2024

Since the start of 2024, ETF trading volume has reached 450.7 million units

Listed firms in GCC report $60.7 billion in net profits, 8.1 percent QoQ growth

Dubai's YoY profit growth reached 30.9 percent in Q2 2024, totaling $6.7 billion

UAE Islamic T-sukuk auction draws $1.72 billion in bids, oversubscribing by 5.7 times

This $299.49 million auction is part of the Islamic T-Sukuk issuance program for August 2024

UAE gold prices down, global rates set for monthly gain as focus shifts to U.S. economic data

Gold prices gained almost 3 percent in the last 30 days, marking their second consecutive monthly gain

Delivery Hero plans Talabat IPO on Dubai Financial Market in Q4 2024

Delivery Hero will continue to retain majority interest in the business after the listing

NMDC Energy gets IPO approval, to list 1.15 billion shares

Subscription period to open on Friday, August 30, 2024, for individual investors in the UAE

UAE gold prices up, global rates rise as traders await U.S. jobs, inflation data

Traders priced in a 65.5 percent chance of a 25-basis-point cut and a 34.5 percent chance of a bigger 50-basis-point reduction

Oil prices steady amid smaller U.S. inventory draw, Libya’s supply concerns

Brent oil futures for October delivery dipped slightly to $78.62 a barrel

UAE: $9.52 billion surge in AUM by portfolio management companies, investment funds

The SCA reported an 83 percent increase in authorized companies this year, rising from 18 to 33 since January

$2.3 trillion crypto market reaches new heights, 95 percent more millionaires: Report

The count of Bitcoin millionaires has surged by 111 percent to reach 85,400

UAE gold prices edge down, global rates dip as market awaits U.S. inflation data

Markets now await the release of the U.S. PCE data, the Federal Reserve's preferred measure of inflation, on Friday

Oil prices rise on strong API data, ongoing supply concerns

Brent crude futures set to expire in October rose by 0.5 percent to $79.92 a barrel

UAE gold prices down, global rates ease on stronger dollar

Traders now see a 70 percent chance of a 25-basis-point rate cut and about a 30 percent chance of a bigger 50-basis-point reduction

Oil prices pause after recent surge amid Middle East tensions, Libyan shutdowns

Brent crude futures declined by 32 cents, or 0.39 percent, to settle at $81.11 per barrel

UAE gold prices down, global rates dip as market awaits September U.S. rate cut

The dollar hovered near its lowest level in 13 months, making gold cheaper for other currency holders

Oil prices climb higher, boosted by geopolitical tensions and expectations of lower U.S. interest rates

Brent oil futures for October delivery advanced 0.8 percent to reach $79.59 per barrel

UAE gold prices decline, global rates set for weekly fall after slipping from record highs

Gold prices fell almost 1 percent this week after hitting a record high on Tuesday

Oil prices flat, headed for bleak weekly performance amid demand concerns

Brent oil futures expiring in October edged up 0.1 percent to $77.26 per barrel

UAE gold prices inch down, global rates dip on stronger U.S. dollar, Fed rate cut outlook

U.S. dollar index broke its four-day losing streak, recording a 0.17 percent increase

Oil prices weaken on U.S. labor data, demand outlook uncertain

Brent oil futures fell 0.1 percent to $75.95 a barrel

UAE gold prices down, global rates decline from record high ahead of Fed meeting minutes

Further supporting gold prices, the dollar index declined to its lowest this year, while benchmark 10-year Treasury yields dipped

Oil prices slide on rising U.S. inventories, easing Middle East tensions

Brent crude futures declined by 0.1 percent, settling at $77.11 per barrel

Oil prices retreat as geopolitical concerns ease, demand concerns rise

Brent crude futures dropped 0.7 percent, or 53 cents, to $77.13 per barrel