Markets

Qatar launches green bonds trading on London Stock Exchange

Ministry of Finance launched the green bonds with the aim of financing environmentally friendly projects

Oil prices decline as OPEC+ prolongs supply cuts

Brent crude futures for February delivery fell by 0.4 percent to $71.80 a barrel

Gold prices set for second weekly decline amid rate cut uncertainty

Markets currently see a 70.1 percent chance of a 25-basis-point cut by the Federal Reserve in 12 days

Gold prices edge down as market awaits U.S. payrolls data

Fed Chair Jerome Powell said on Wednesday the U.S. economy is stronger than the central bank expected in September

Oil prices edge up amid U.S. inventory draw, OPEC+ meeting in view

Brent crude futures, set to expire in February, climbed by 0.1 percent to $72.37 a barrel

Bitcoin price crosses $100,000 for the first time

The milestone signifies Bitcoin's growing acceptance in the financial mainstream

Gold prices rise as traders eye Fed Chair’s speech for rate cut clues

Powell is scheduled to speak later in the day, likely marking the last public remarks before the Fed's December meeting

Oil prices fall modestly as U.S. inventories rise, OPEC+ meeting approaches

Brent oil futures for February delivery dipped 0.1 percent to $73.58 a barrel

Oil prices rise ahead of this week’s OPEC+ meeting

The group will likely extend its output cuts until the end of the first quarter of 2025 amid supply concerns

Gold prices rise as traders await Fed’s December rate cut decision

The dollar index was up 0.07 percent to 106.52, reducing gold’s appeal among holders of other currencies

Gold prices decline as Trump’s tariff threat bolsters dollar

In the UAE, gold rates fell by AED3.75, with 24-carat gold priced at AED318.25 and 22-carat gold at AED294.50

Oil prices climb on positive data from China; OPEC meeting on the horizon

Brent crude futures for February increased by 0.3 percent to $72.02 a barrel

Talabat prices IPO at top of range, raising $2 billion in proceeds

Final share price has been set at AED1.60, valuing the company at around AED37.3 billion ($10.1 billion)

Gold prices rise on softer U.S. dollar, set for weekly fall

The dollar index fell 0.14 percent to 105.90, raising gold’s appeal among holders of other currencies

Oil prices face weekly decline amid easing Middle East tensions, anticipation of OPEC+ meeting

Brent crude futures for January fell by 0.1 percent to $73.21 per barrel

Gold prices fall on stronger dollar

The dollar index was up 0.15 percent to 106.25, reducing gold's appeal among holders of other currencies

Oil prices remain steady amid mixed U.S. inventory data, easing Middle East tensions

January Brent oil futures dipped 0.1 percent to $72.78 a barrel

Talabat IPO size increased to 4.65 billion shares to address high demand

The additional 1,164,412,032 offer shares have been wholly allocated to the qualified investor offering

UAE National Day: SCA announces holiday for financial markets

Employees of ministries and federal entities will observe the 53rd Eid Al Etihad holiday on December 2 and 3

Gold prices edge up slightly as safe-haven assets gain traction

President-elect Trump threatens new trade tariffs on China, Canada, and Mexico, sparking fears of a trade war

Alef Education becomes part of MSCI UAE Small Cap Index

Inclusion comes more than a week after the company announced robust financial results

Crypto market cap plummets by $182 billion as Bitcoin ETFs face $435 million in outflows

Outflows sharply contrast with last week's $3.3 billion in Bitcoin ETF inflows, where IBIT captured over 60 percent

Oil prices plunge amid ceasefire hopes, dollar surge

Brent oil futures set to expire in January dropped by 0.3 percent to $72.80 per barrel