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Markets
MC4 was sold in 2021 to a group made up of Al Othaim Markets, Allana International, and United Feed Manufacturing Company
The strong U.S. dollar is driven by expectations the Fed will keep rates high due to a robust economy
The acquisition makes Saudi Tadawul Group the joint largest shareholder in DME
Gold prices remain impacted by the Fed's policy decisions and rising geopolitical tensions
Brent oil futures for August delivery dropped 0.4 percent to $84.91 per barrel
The total volume of sukuk and bonds in Saudi Arabia increased by 5.73 percent during the third quarter of 2023
Higher 10-year treasury yields and a stronger U.S. dollar trigger decline in gold prices
Brent oil futures expiring in August fell 0.1 percent to $84.90 per barrel
The CMA has approved Arabian Mills' public listing application, and the company will publish the IPO prospectus soon
The index will measure and rank various metrics related to family-owned and family-controlled businesses in Abu Dhabi
Brent crude oil futures for August delivery rose 0.1 percent to $86.07 per barrel,
Gold prices declined over 1 percent on Friday on stronger dollar after U.S. business activity rose to a 26-month high in June
If the inflation data is on the lower side, the Fed might lower interest rates twice this year
Brent oil futures expiring in August fell 0.4 percent to $84.88 a barrel
This expansion has increased the port's handling capacity from 1.5 million TEUs per year to 2.7 million TEUs
Decline is U.S. weekly jobless claims, new housing construction raised hopes for a rate cut in September
Brent crude futures for August delivery dipped slightly by 15 cents to $85.56 per barrel
GCC equity markets have accumulated net inflows of $1.77 billion so far this year
Brent crude for August delivery rose 6 cents to $85.13 per barrel
Gold prices have recovered from their 6 percent decline from their record high last month
For the first time in more than 20 years, Nvidia’s market valuation eclipsed Apple’s earlier this month
Gold prices have lost around 6 percent from their record high on a stronger dollar and higher interest rates
Brent crude futures edged up 2 cents to $85.35 per barrel
