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![UAE gold prices rise, global rates inch up on U.S. interest rate cut optimism](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Fed Chair Powell expressed confidence that inflation is returning to the central bank's target of 2 percent
![Oil prices dip amidst Chinese economic slowdown, anticipation of Fed interest rate cuts](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Brent crude futures fell 21 cents, or 0.25 percent, to $84.64 per barrel
![Top 5 GCC IPOs by proceeds during H1 of 2024](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
GCC region raised total proceeds of $3.6 billion from 23 IPOs during the first six months of 2024
![GCC companies raise $3.6 billion from 23 IPOs in H1 of 2024: Report](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20684'%3E%3C/svg%3E)
The Kingdom raised $2.1 billion from 19 offerings, making up 59 percent of total GCC IPO proceeds
![Bitcoin surges to two-week high, rises 3.26 percent to $62,956.60](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20682'%3E%3C/svg%3E)
U.S. ETF launch raised the world's largest cryptocurrency to a record high of $73,803.25 in mid-March
![UAE gold prices steady, global rates rise as investors seek rate cut cues from Fed’s Powell](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Markets are currently pricing in a 93 percent chance of an interest rate cut in September, according to the CME Fedwatch Tool
![Oil prices steady amid strengthening dollar, concerns over weakening demand in China](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Brent oil futures for September delivery recorded $85.10 per barrel
![UAE gold prices surge, global rates set for third weekly gain amid rate cut bets](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Gold prices surged above the $2,400 level after data showed unexpected decline in U.S. inflation
![Oil prices rise on softer U.S. inflation, summer demand hopes](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Brent oil futures for September delivery rose 0.1 percent to $85.52 per barrel
![Sharjah Islamic Bank lists $500 million Sukuk on Nasdaq Dubai](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20581'%3E%3C/svg%3E)
This listing marks the bank's 9th public Sukuk issuance and first since 2020
![How to calculate exchange rates: A beginner’s guide](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Exchange rates play a key role in the global economy, as they impact commerce, corporate earnings and stock prices
![UAE gold prices up, global rates rise as market awaits June U.S. CPI data](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20682'%3E%3C/svg%3E)
Traders are currently pricing in a 46 percent chance that the Fed will cut rates twice by the end of the year
![Oil prices rise on weaker dollar, tighter supply bets ahead of CPI data](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Brent Oil Futures expiring in September rose 0.7 percent to $85.74 a barrel
![Nasdaq Dubai welcomes three Indonesian Sukuk listings worth $2.35 billion](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20581'%3E%3C/svg%3E)
Total value of debt listed on Nasdaq Dubai reached $134.1 billion with Sukuk making up $93.89 billion
![Saudi Aramco exercises greenshoe option, raises $12.35 billion from share sale](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
By exercising the greenshoe option, Aramco raised an additional $1 billion from the listing
![UAE gold prices rise, global rates up ahead of U.S. inflation data release](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Global physically backed gold exchange-traded funds saw inflows for the second month straight in June
![Oil prices rise on larger-than-expected U.S. inventory draw, offsetting distillate stockpile build](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Brent crude futures rose 0.2 percent to $84.84 per barrel
![10 AI stocks for investment in 2024](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
In 2023, the global AI market size was valued at $538.13 billion and is expected to hit around $2,575.16 billion by 2032
![Saudi Aramco starts issuing U.S. dollar-denominated bonds](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Aramco's bond issuance began on July 9 and will end on July 17
![UAE gold prices down, global rates rise as investors await June U.S. inflation data](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Recent weak U.S. economic data has raised the market's hopes for two interest rate cuts by the end of the year
![Oil prices stabilize as market monitors tropical storm Beryl, geopolitical developments](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Brent oil futures for September delivery hovered around $85.72 per barrel
![What is swing trading? A beginner’s guide to profiting from market fluctuations](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Swing trading enable traders to make profit by purchasing a stock at lower prices and selling it later at higher prices
![UAE gold prices decline, global rates ease from one-month high on rate cut bets](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Unemployment reached a 2.5-year high of 4.1 percent, signaling a softer U.S. labor market
![Oil prices steady amid storm threat and demand concerns](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Brent crude futures for September delivery edged up 0.2 percent to $86.67 per barrel