Markets

Oil prices rise as U.S. stockpiles shrink, Fed rate cut bets grow

Brent crude oil futures for the October delivery rose 0.5 percent to $81.09 per barrel

UAE gold prices dip, global rates down as markets await U.S. inflation data release

Data on Tuesday revealed that U.S. producer prices increased less than expected in July, signaling a cooling in inflation

What is tax-loss harvesting? How it works

Tax-loss harvesting is an investment strategy that allows you to reduce your taxable investment income by offsetting your capital gains with losses

UAE’s ADNOC Drilling to join MSCI flagship indexes, boosting global visibility and investor appeal

The company will become the 12th member of the MSCI UAE index after meeting the necessary criteria

Kuwait Warba Bank’s $500 million sukuk listing on Nasdaq Dubai attracts $1.8 billion in orders

This is the fourth listing under their $2 billion trust certificate program

UAE gold prices rise, global rates dip after hitting over one-week high

Gold prices will likely see additional support if a softer U.S. inflation report is released, raising hopes for a larger rate cut

Oil prices decline as OPEC lowers 2024 demand forecast amid China slowdown

Global benchmark Brent crude futures dipped 78 cents, or 0.95 percent, to $81.52 a barrel

Oil prices rise for 5th session amid escalating Middle East tensions, better economic data

Before last week, oil prices recorded four consecutive weeks of losses amid fears of slowing economic growth

UAE gold prices rise marginally, global rates up as investors await U.S. inflation data

Progress on inflation could support gold prices to retest a new all-time high once more

UAE gold prices rise, global rates set for weekly drop as investors await Fed rate cut hints

Markets are now pricing in a 55 percent chance of a 50-basis-points cut in September with bets on an additional cut in December

Arab stock exchanges exceed market cap of $4.17 trillion in H1 2024: AMF

Fed's decision to hold rates for the seventh time impacted performance of global financial markets and Arab stock exchanges

UAE gold prices dip, global rates rise on larger rate cut optimism

U.S. dollar declined by 0.15 percent to 103.05, making greenback-priced bullion more affordable for other currency holders

Oil prices inch higher amid tightening U.S. supplies, potential Middle East disruptions

Brent crude futures rose 23 cents, or 0.3 percent, to $78.56 per barrel

UAE gold prices extend decline, global rates up despite stronger dollar

Markets are pricing in a 65 percent chance of a 50 basis point rate cut in September, the CME FedWatch tool revealed

Oil prices slide on bearish inventory data, persistent global economic slowdown fears

Brent crude oil futures for October delivery fell 0.5 percent to $76.13 per barrel

UAE gold prices down, global rates up on rising U.S. rate cut bets

Japanese stocks rebounded sharply on Tuesday after their biggest single-day decline since the 1987 Black Monday sell-off in the previous session

Abu Dhabi’s IHC forms Rorix Holdings for global finance, trade facilitation

Rorix Holdings aims to accelerate trade volumes, attract foreign investment, and foster economic partnerships

Oil prices rebound over 1 percent as Middle East tensions offset demand concerns

Brent crude oil futures for October delivery rose 1.3 percent to $77.29 per barrel

Ethereum ETF: Will other cryptos join the bandwagon?

The approval of Ethereum ETFs brings more legitimacy to cryptos

Bitcoin price hits six-month low at $51,600 as decline continues

Bitcoin has lost around $10,000 in value since Friday