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Markets
Markets
Oil prices dip amid lingering demand concerns, U.S. inventory build
Brent oil futures expiring in August fell 0.1 percent to $84.90 per barrel
Markets
Saudi’s Arabian Mills plans to list 30 percent stake in IPO
The CMA has approved Arabian Mills' public listing application, and the company will publish the IPO prospectus soon
Markets
Abu Dhabi to launch region’s first family business index
The index will measure and rank various metrics related to family-owned and family-controlled businesses in Abu Dhabi
Markets
Oil prices edge higher on hopes of summer demand surge, potential supply disruptions
Brent crude oil futures for August delivery rose 0.1 percent to $86.07 per barrel,
Markets
UAE gold prices decline, global rates dip ahead of U.S. economic data releases
Gold prices declined over 1 percent on Friday on stronger dollar after U.S. business activity rose to a 26-month high in June
Markets
UAE gold prices inch up, global rates rise ahead of key U.S. inflation data
If the inflation data is on the lower side, the Fed might lower interest rates twice this year
Markets
Oil prices dip as dollar rises, investors await key inflation data
Brent oil futures expiring in August fell 0.4 percent to $84.88 a barrel
Markets
UAE’s DP World completes $400 million investment to expand Peru’s port capacity
This expansion has increased the port's handling capacity from 1.5 million TEUs per year to 2.7 million TEUs
Markets
UAE gold prices up, global rates set for second weekly gain
Decline is U.S. weekly jobless claims, new housing construction raised hopes for a rate cut in September
Markets
Oil prices poised for second consecutive weekly gain on improving demand, inventory declines
Brent crude futures for August delivery dipped slightly by 15 cents to $85.56 per barrel
Markets
GCC equity markets rebound as foreign capital flows surge to $616.7 million in May
GCC equity markets have accumulated net inflows of $1.77 billion so far this year
Markets
Oil prices hover slightly below recent highs as traders monitor Middle East, await U.S. inventory report
Brent crude for August delivery rose 6 cents to $85.13 per barrel
Markets
UAE gold prices rise, global rates hit one-week high on rate cut hopes
Gold prices have recovered from their 6 percent decline from their record high last month
Markets
Nvidia becomes world’s valuable company, dethrones Microsoft
For the first time in more than 20 years, Nvidia’s market valuation eclipsed Apple’s earlier this month
Markets
UAE gold prices rise, global rates decline on Fed rate cut speculations
Gold prices have lost around 6 percent from their record high on a stronger dollar and higher interest rates
Markets
Oil prices hover around $85 amid global tensions, inventory shifts
Brent crude futures edged up 2 cents to $85.35 per barrel
Markets
Three new IPOs add $5.8 billion to UAE’s stock market capitalisation in 2024
Alef Education, Parkin and Spinneys have had successful IPOs on UAE stock markets so far this year
Markets
IPO boom underscores Dubai’s status as thriving hub for capital markets: DIFC Authority CEO
DIFC drives innovation and growth in the financial sector through its initiatives and regulatory framework
Markets
UAE gold prices decline, global rates on track for first weekly gain in a month
U.S. producer prices surprisingly fell in May amid lower energy costs, indicating that inflation has subsided
Markets
Oil prices decline but remain on course for weekly gains amid OPEC optimism
Brent oil futures expiring in August fell 0.6 percent to $82.22 a barrel
Markets
UAE gold prices edge down, global rates decline as Fed holds interest rates steady
Dollar index rose 0.17 percent, making greenback-priced gold less attractive to other currency holders
Markets
Oil prices dip amid rising U.S. inventories as Fed keeps interest rates steady
Brent oil futures expiring in August fell 0.5 percent to $82.24 a barrel
Markets
Alef Education begins trading on ADX after successful $514 million IPO
Alef Education's market capitalization reached $2.56 billion at the time of listing
Markets
Apple shares rise 7.26 percent to record high following AI features release
Apple's market capitalization reached $3.18 trillion, making it world's second most valuable company again
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