Markets

Bitcoin surges to two-week high, rises 3.26 percent to $62,956.60

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

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

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

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

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

This listing marks the bank's 9th public Sukuk issuance and first since 2020

UAE gold prices up, global rates rise as market awaits June U.S. CPI data

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

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

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

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

Global physically backed gold exchange-traded funds saw inflows for the second month straight in June

Saudi Aramco starts issuing U.S. dollar-denominated bonds

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

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

Brent oil futures for September delivery hovered around $85.72 per barrel

UAE gold prices decline, global rates ease from one-month high on rate cut bets

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

Brent crude futures for September delivery edged up 0.2 percent to $86.67 per barrel

Bitcoin hits four-month low, declines 8.06 percent to $54,215.42

Bitcoin has lost more than 21 percent since its record high of $73,803.25 in mid-March

UAE gold prices rise, global rates eye second consecutive weekly rise

If the non-farm payrolls data declines, investors will likely raise their expectations of a September Fed interest rate cut

Oil prices hold steady, on track for fourth straight week of gains as strong summer demand and supply concerns buoy market

Brent crude futures, which have risen 7 percent over the past four weeks, dipped slightly by 2 cents to $87.41 per barrel

ADQ’s $2.5 billion bond undergoes secondary listing on Abu Dhabi stock market

The bond issuance saw significant demand and was oversubscribed 4.4 times

Oil prices slide as weak U.S. economic data raises demand concerns

Brent crude futures were down 48 cents, or 0.55 percent, at $86.86 a barrel

UAE gold prices rise, global rates decline as weak U.S data raises rate cut speculation

The dollar index declined 0.06 percent to 105.34, making greenback-priced bullion cheaper for other currency holders

UAE gold prices rise, global rates up as investors eye Fed meeting minutes

Fed Chair Jerome Powell said on Tuesday the U.S. was back on a 'disinflationary path' but policymakers remain cautious