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This transaction consisted of 360,000 IHC shares, each priced at AED414
Geopolitical risks stemming from the Russia-Ukraine war and the ongoing conflicts in the Middle East continue to raise safe-haven demand for gold
Brent crude futures for January delivery increased by 15 cents, or 0.2 percent, reaching $73.45 a barrel
The offer price range has been set between AED1.50 and AED1.60 per share
Major shifts in the global gold trade will likely propel an 'Asian Century' for gold, with new gold economic corridors among BRICS nations
The Beirut Stock Exchange led the upward movement among Arab stock exchanges, with its index increasing by 29.03 percent
The U.S. dollar index lost some of its recent gains after rising 1.6 percent last week
As of 05:02 GMT, Brent crude futures rose by 29 cents, or 0.4 percent, reaching $71.33 a barrel
Data on Thursday showed that U.S. producer prices picked up in October, adding to signs that progress toward lower inflation was stalling
The International Energy Agency expects global oil supply to exceed demand in 2025 even if OPEC+ output cuts remain in place
PIF’s remaining stake in stc equates to 3.1 billion shares or 62 percent
Lulu is now listed under the ticker "LULU"
The U.S. dollar rose to a one-year high while treasury yield rose to its highest since July
Trump embraced crypto during his campaign, promising to make the U.S. the 'crypto capital of the planet'
Brent oil futures for January delivery decreased by 0.1 percent, settling at $72.23 per barrel
Markets currently await the release of the U.S. Consumer Price Index data
Brent futures had climbed by 17 cents, or 0.24 percent, reaching $72.06 a barrel
Investors are focusing on upcoming inflation data for clues on how the economy may shift after the election results
Higher inflation levels may force the Fed to a slower easing path, further supporting the dollar and impacting gold prices
U.S. dollar held near a four-month high as investors continued to gravitate towards assets that are benefiting from Trump's election
Brent oil futures for January increased by 0.2 percent, reaching $71.95 a barrel
Bitcoin reached $89,637 in Asia, up over 25 percent since November 5
Brent oil futures for January dropped 0.2 percent to $73.72 per barrel
Trump embraced crypto during his campaign, promising to make the U.S. the 'crypto capital of the planet'
