Markets

UAE gold prices surge, global rates rise on cooling U.S. inflation

U.S. consumer prices increased less than expected in April, which supported bullion

Oil prices rise amid weaker dollar, tighter supply expectations

Brent oil futures for July delivery rose 0.5 percent to $83.17 per barrel

UAE gold prices rise, global rates down ahead of key U.S. inflation data

Decline in inflation indicators could bode well for the precious metal

Oil prices rise amid drop in U.S. inventories, inflation concerns

Brent oil futures expiring in July rose 0.4 percent to $82.70 a barrel

Majority of Middle East IPOs experience positive aftermarket gains in 2024: Report

Notable market gains included MBC Group Co and Avalon Pharma

UAE gold prices up marginally, global rates rise ahead of U.S. inflation data

Stagflationary risks in the U.S. continue to support gold prices

Oil prices surge as China’s fiscal stimulus, Canadian wildfires threaten supply

Brent oil futures, set to expire in July, rose by 0.3 percent to reach $83.59 per barrel

Market cap of Arab stock exchanges exceeds $4.361 trillion in April: AMF

Market value of the Abu Dhabi Securities Exchange reached $754.7 billion in April

UAE gold prices down, global rates decline ahead of U.S. inflation data

U.S. employment data supported gold prices, which rose over 2 percent by the end of last week

Oil prices inch lower on concerns about Chinese imports, U.S. inflation

Brent oil futures expiring in July fell 0.3 percent to $83.53 per barrel

10 MENA IPOs raise $1.2 billion in Q1 2024: Report

UAE's Parkin raised the highest proceeds, contributing 37.2 percent to total proceeds of MENA IPOs

UAE gold prices surge, global rates at over two-week high on rate-cut hopes

Softer U.S. jobless claims data contributed to the optimism surrounding gold

Oil prices rise on strong Chinese demand, weakening U.S. labor market

Brent oil futures, expiring in July, advanced by 0.5 percent to reach $84.33 per barrel

Deflating geopolitical risk premium, hedge fund selling pushes oil to near two-month low: Report

Brent crude should return to the $90 per barrel mark as demand exceeds historic levels this year

UAE gold prices up as global rates rise on anticipated U.S. economic data

Hotter-than-expected U.S. inflation data could potentially drive gold prices down

Oil prices rise on mixed Chinese trade data, Middle East tensions

Brent oil futures, set to expire in July, saw a 0.4 percent rise to reach $83.93 per barrel

UAE gold prices steady, global rates rise as traders await rate cut cues

China's central bank marked its 18th consecutive month of gold purchases in April

Oil prices slide as U.S. inventories surge, demand weakens

Brent crude oil futures dropped by 30 cents or 0.36 percent, settling at $82.86 per barrel

UAE gold prices inch upwards as global rates decline on geopolitical uncertainty

Gold prices have established a support base around the $2,280 mark over the past week

Oil prices up amidst global tensions, concerns about sluggish demand and reduced supplies

Brent oil futures expiring in July had risen by 0.5 percent to reach $83.73 per barrel

UAE gold prices up as global rates rise despite strong dollar

Currently, markets are pricing a 67 percent chance of a U.S. interest rate cut in September

Oil prices inch up as Saudi Arabia increases June crude prices

Brent crude futures rose by 28 cents, or 0.3 percent, reaching $83.24 per barrel

DFM’s new investor base grows 10 times as Dubai’s IPO market continues to boom

The market attracted nearly 44,000 new investors in Q1 this year, and 85 percent of them are international

Oil prices edge up on prospects of OPEC+ maintaining output cuts

OPEC+ is likely to extend its voluntary oil output cuts of 2.2 million barrels per day beyond June