Markets

Oil prices hover around $85 amid global tensions, inventory shifts

Brent crude futures edged up 2 cents to $85.35 per barrel

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

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

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

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

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

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

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

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

UAE gold prices decline marginally, global rates dip on stronger U.S. dollar

Asia gold demand surges as buyers turn to bullion as a hedge against geopolitical and economic uncertainty

Oil prices edge higher on declining U.S. inventories; investors await Fed announcement and inflation data

Brent crude futures for August delivery gained 0.2 percent to $82.09 per barrel

Five key themes that will shape global economy in 2024

With higher growth and higher bond yields on one hand and high inflation and geopolitical risks on the other, the global economy is at a delicate juncture

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

Upcoming U.S. consumer price index data may impact Fed's policy rate projections

Oil prices dip ahead of key Fed meeting, U.S. inflation data release

Brent crude futures fell 11 cents, or 0.13 percent, to $81.52 per barrel

UAE gold prices hold steady, global rates decline marginally after largest drop in 3.5 years

Data reveals that China has held off buying gold in May after 18 straight months of purchases

Oil prices stabilize as traders await OPEC meeting, Fed cues

Brent crude oil futures for August delivery rose 0.2 percent to $79.77 per barrel

After gains in May, gold prices could rise further in June

As the dollar bull run slows, it could bode well for gold

UAE gold prices rise, global rates inch up ahead of key U.S. payrolls data

Shift in Europe and Canada's key policy rate bolsters bullion demand

Oil prices set for third weekly decline on prospects of OPEC+ easing output cuts

Recent interest rate cuts in eurozone, Canada would support crude demand

Key factors influencing gold, crude oil performance in H1 2024

From economic signals to policies and developments in the Fed

UAE gold prices surge, global rates at two-week high on Fed rate cut bets

Lower dollar index and U.S. Treasury bond yields support bullion's rise

Oil prices climb amid optimism for rate cuts, despite inventory build and demand concerns

Brent crude futures for August delivery rose 0.5 percent to $78.80 per barrel

Emirates Islamic’s sustainability sukuk issuance raises $750 million on Nasdaq Dubai

The listing's order book exceeded $2.10 billion, which reflects an oversubscription rate of 2.8 times