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Markets
Markets
Oil prices stabilize as market monitors Red Sea developments
Futures fell five cents, or 0.1 percent, to $81.02 per barrel
Markets
Dollar faces strain amidst rate cut speculations in holiday trading
The dollar index reached 101.54, close to its lowest levels
Markets
Japanese yen records worst performance among top currencies in 2023
Yen decreases against dollar in spot transactions by 5.63 percent
Markets
Oil prices stabilize as focus shifts towards interest rates
Brent crude futures fell 26 cents or 0.3 percent to $79.13 per barrel
Markets
Gold rises, U.S. dollar declines in light of expected interest rate cuts
Lower interest rates decrease the opportunity cost of holding non-yielding bullion
Markets
Oil prices recover following Angola’s exit from OPEC
Brent crude futures increased by 0.64 percent to $79.92 per barrel
Markets
Central Bank of Oman raises OMR29.45 mn through T-bills allotment
T-bills with a 28-day maturity were valued at OMR10 mn
Markets
Gold continues upward trend, surpasses $2,030 mark
Yellow metal set to record highest annual gains in three years
Markets
ADGM launches new platform for online dispute settlement
Prioritizing security and confidentiality of users
Markets
Oil prices decline amidst rise in U.S. inventory, global trade concerns
Crude prices face headwinds as market focus shifts to slow demand and trade disruptions
Markets
Saudi Arabia raises SAR10.55 bn in local sukuk in December
The total volume of bids amounted to approximately SAR14.125 billion
Markets
Petrol prices in the UAE for December 2023
All petrol variants slipped from November rates
Markets
Currency speculators lower expectations for the dollar: Will it lose power?
Adjustment came in response to a surge in demand for higher-yielding currencies
Markets
Oil prices rise on bullish demand forecast, weaker dollar
Fed's accommodative stance may boost prices through increased demand
Markets
OPEC: UAE economy shows strong dynamics, grows 3.7 percent
Upward trajectory in non-oil activities is expected to continue
Markets
Oil prices remain resilient following a six-month low
Driven by larger-than-expected US inventory withdrawal, potential Fed rate cuts
Markets
With Fed’s dovish stance, gold prices surge for a second day
Figures went near $2,040 supply zone during Asian session
Markets
Oil prices hit six-month lows amid oversupply and global concerns
Ahead of Fed's anticipate meeting
Markets
World Gold Council reveals gold outlook for 2024
Outlines possible scenarios on performance of gold
Markets
Oil prices hold firm, despite production cuts
Demand fell from China and independent refiners
Markets
Oil prices recover after falling to lowest levels in six months
OPEC+ continues to reduce its production
Markets
EFG Hermes completes advisory on $315 mn IPO of Dubai Taxi Company on DFM
Company's eighth IPO advisory role in GCC in 2023
Markets
Bitcoin miner Phoenix surges 50 percent after $371 mn ADX IPO
IPO oversubscribed by 33 times
Markets
Gold retreating from peaks but holding above $2,000
Factors behind surge and subsequent retreat
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