Markets

Oil prices steady at $73.05 amid Trump’s Venezuela tariff concerns

OPEC+ ready to move forward with scheduled output increase in May

UAE gold prices down AED1.75, global rates rise on Fed optimism

Spot gold was up 0.1 percent at $3,025.12 an ounce

Oil prices slip to $71.88 amid Trump tariffs, Russia-Ukraine talks

West Texas Intermediate (WTI) crude futures lost 0.3 percent to $67.67 per barrel

China to issue $829 million yuan-denominated green sovereign bond in London for first time

In February, China's finance ministry released a framework for sovereign green bonds, paving the way for offshore issuances

Oil prices rise 0.37 percent: Iran sanctions, planned OPEC+ cuts set prices for second weekly gain

The U.S. dollar index gained 0.15 percent to 104.01 on Friday, making crude more expensive for foreign buyers

UAE gold prices dip AED0.5, global rates set for third weekly gain on rate cut hopes

Bullion recorded an all-time high of $3,057.21 per ounce on Thursday and has climbed about 1.5 percent so far this week

Asian stock markets mixed after China central bank keeps rates steady

Downward trends followed Beijing's decision to maintain the five-year and one-year loan prime rates at 3.6 percent

Oil prices rise 0.51 percent on weaker dollar, renewed Middle East tensions

U.S. oil demand remained strong as distillate inventories fell more than expected by 2.8 million barrels

UAE gold prices gain AED2.25, global rates hit new record high at $3,055.96

So far this year, gold has recorded 16 record highs, four of which were above the $3,000 milestone

UAE gold prices up AED1.5, global rates hit record high ahead of Fed decision

The Fed is expected to maintain interest rates at 4.5 percent amidst economic uncertainty

Oil prices dip to $70.25 on oversupply fears after Russia-Ukraine truce

Investors are cautious ahead of the Fed meeting, expecting rates to remain unchanged

U.S. Bitcoin ETFs record $5.4 billion in outflows in five weeks

Bitcoin has dropped 21 percent over the last three months

UAE gold prices surge AED2.25, global rates climb over $3,000 on tariff fears

Increased geopolitical tensions in the Middle East heightened the demand for safe havens

Oil prices climb to $71.32 amid Mideast tensions, China’s stimulus

West Texas Intermediate (WTI) crude futures also rose by 0.4 percent to $67.61 per barrel

UAE gold prices flat, global rates climb on safe-haven demand near $3,000

U.S. consumer sentiment hits two-and-a-half-year low as inflation expectations rise amid tariff fears

Oil prices rise to $71.73 on Red Sea tensions, China’s new plan

West Texas Intermediate (WTI) crude futures jumped 1.8 percent to $68.09 per barrel

Oil prices rise to $70.35 as Ukraine ceasefire deal prospects diminish

Expectations of lower Russian oil supply in the near term provided some support to oil prices

UAE gold prices climb AED1, global rates surpass $3,000 for the first time

Bullion is on track for a second consecutive weekly increase, rising 2.5 percent so far this week

How to invest in an IPO in the UAE: A step-by-step guide for investors

IPOs allow investors to diversify their investments across various UAE sectors, including tech, healthcare, and energy

UAE gold prices up AED3, global rates rise on tariff uncertainty

Trump's tariffs may fuel inflation, pushing safe-haven gold to a record high of $2,956.15

Oil prices steady after rising above $70; recession and oversupply fears linger

Crude prices rose from three-year lows, aided by improving sentiment and a weaker dollar

UAE gold prices up AED0.5, global rates steady ahead of inflation data

Spot gold was unchanged at $2,916.69 per ounce, while U.S. gold futures edged up 0.1 percent to $2,922.30

Oil prices climb to $69.92 amid losses; OPEC report and tariff risks in focus

Supply concerns in Russia boosted prices after Ukraine targeted a major oil refinery in Moscow

Alpha Data begins trading on ADX after raising $163 million in UAE’s first IPO in 2025

Upon listing, Alpha Data’s market capitalization stood at approximately $408 million