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Gold prices reached a record high of $2,483.60 last week as markets expected a 25-basis-point U.S. interest rate cut by September
Brent oil futures expiring in September fell 0.2 percent to $82.26 a barrel
In September 2022, PureHealth acquired a 26.05 percent equity stake in Ardent Health for $500 million
China's slower-than-expected economic growth sparked concerns over the country's demand for oil which continues to impact prices
Interest rate cut expectations and the political uncertainty in the United States have supported gold prices to their record high
In the UAE, gold prices fell with 24-carat gold inching up to AED293.50 per gram
Brent oil futures for September delivery shed 0.5 percent to $84.73 per barrel
Jewellery demand is anticipated to primarily revolve around the festival season beginning from August
Fed officials noted that the path toward looser monetary policy has become shorter
Brent futures, the global oil benchmark, rose 32 cents, or 0.4 percent, to $85.40 per barrel
Markets are pricing in a rate cut of at least 25 basis points by the Fed at the September meeting
Brent crude oil futures were down by 4 cents to $83.69 per barrel
The total volume of sustainable sukuk issuances reached $5.2 billion during H1 of 2024
Fed Chair Powell expressed confidence that inflation is returning to the central bank's target of 2 percent
Brent crude futures fell 21 cents, or 0.25 percent, to $84.64 per barrel
GCC region raised total proceeds of $3.6 billion from 23 IPOs during the first six months of 2024
The Kingdom raised $2.1 billion from 19 offerings, making up 59 percent of total GCC IPO proceeds
U.S. ETF launch raised the world's largest cryptocurrency to a record high of $73,803.25 in mid-March
Markets are currently pricing in a 93 percent chance of an interest rate cut in September, according to the CME Fedwatch Tool
Brent oil futures for September delivery recorded $85.10 per barrel
Gold prices surged above the $2,400 level after data showed unexpected decline in U.S. inflation
Brent oil futures for September delivery rose 0.1 percent to $85.52 per barrel
This listing marks the bank's 9th public Sukuk issuance and first since 2020
Traders are currently pricing in a 46 percent chance that the Fed will cut rates twice by the end of the year
