Markets

Oil prices steady amid storm threat and demand concerns

Brent crude futures for September delivery edged up 0.2 percent to $86.67 per barrel

Bitcoin hits four-month low, declines 8.06 percent to $54,215.42

Bitcoin has lost more than 21 percent since its record high of $73,803.25 in mid-March

UAE gold prices rise, global rates eye second consecutive weekly rise

If the non-farm payrolls data declines, investors will likely raise their expectations of a September Fed interest rate cut

Oil prices hold steady, on track for fourth straight week of gains as strong summer demand and supply concerns buoy market

Brent crude futures, which have risen 7 percent over the past four weeks, dipped slightly by 2 cents to $87.41 per barrel

ADQ’s $2.5 billion bond undergoes secondary listing on Abu Dhabi stock market

The bond issuance saw significant demand and was oversubscribed 4.4 times

Oil prices slide as weak U.S. economic data raises demand concerns

Brent crude futures were down 48 cents, or 0.55 percent, at $86.86 a barrel

UAE gold prices rise, global rates decline as weak U.S data raises rate cut speculation

The dollar index declined 0.06 percent to 105.34, making greenback-priced bullion cheaper for other currency holders

UAE gold prices rise, global rates up as investors eye Fed meeting minutes

Fed Chair Jerome Powell said on Tuesday the U.S. was back on a 'disinflationary path' but policymakers remain cautious

Oil prices hold near two-month high as inventory draw offsets hurricane worries, dollar weakness

Brent crude futures for September delivery rose 0.2 percent to $86.41 per barrel

UAE gold prices decline, global rates down as investors await key U.S. jobs data

Fed chair Jerome Powell's speech later today to provide insight into the U.S. interest rate outlook

Oil prices rise as demand optimism builds ahead of U.S. inventory report

Brent crude futures rose 2 percent to $86.41 per barrel

UAE’s Arada lists $400 million sukuk on Nasdaq Dubai

Arada's sukuk listing brings the total value of sukuk issuances to $93 billion

Oil prices surge amid weaker dollar, rate cut bets

Brent oil futures for September delivery increased 0.3 percent to $85.29 per barrel

UAE gold prices decline, global rates down amid Fed rate cut speculations

U.S. personal consumption expenditures index rose by 2.6 percent in May after a 2.7 percent rise in April

UAE gold prices rise, global rates set for third quarterly gain ahead of U.S. inflation data

Investors today await the U.S. personal consumption expenditures (PCE) price index, the Fed's preferred inflation measure

Oil prices surge on fears of disruptions in Russia and Middle East, defying inventory build

Brent oil futures expiring in August rose 0.4 percent to $86.73 a barrel

Half of all emerging-market debt issued by GCC countries, Malaysia, Indonesia, and Türkiye: Report

In 2024, these countries accounted for 51 percent of U.S. dollar debt issued by EMs (excluding China)

Saudi Arabia’s Fourth Milling Company to list 30 percent stake in IPO

MC4 was sold in 2021 to a group made up of Al Othaim Markets, Allana International, and United Feed Manufacturing Company

Japanese yen tumbles to 160 against dollar, hitting 37-year low

The strong U.S. dollar is driven by expectations the Fed will keep rates high due to a robust economy

Saudi Tadawul Group acquires 32.6 percent stake in DME Holdings, creates Gulf Mercantile Exchange

The acquisition makes Saudi Tadawul Group the joint largest shareholder in DME

UAE gold prices decline, global rates fall after hitting two-week low ahead of U.S. inflation data

Gold prices remain impacted by the Fed's policy decisions and rising geopolitical tensions

Oil prices fall amid dollar strength; U.S. inventory build spurs demand fears

Brent oil futures for August delivery dropped 0.4 percent to $84.91 per barrel

Saudi Arabia issues $1.17 billion in sovereign sukuk across three tranches in June

The total volume of sukuk and bonds in Saudi Arabia increased by 5.73 percent during the third quarter of 2023

UAE gold prices decline, global rates dip on stronger dollar

Higher 10-year treasury yields and a stronger U.S. dollar trigger decline in gold prices