Markets

Oil prices stabilize amid concerns over supply disruptions

Concerns arose from attacks on Russian refineries and potential conflict escalation in the Middle East

UAE gold prices climb further after hitting record high yesterday

U.S. dollar and Treasury yields remain firm, dimming expectations for June interest rate cuts

Dubai Financial Market sees 103 percent surge in investor accounts in Q1 2024

Parkin IPO enhances market's attractiveness and draws new investors

UAE gold price surges over AED3 per gram amid stronger U.S. data

Softer U.S. inflation report strengthens bullish sentiment

Oil prices rise amid tight supply, upbeat Chinese economic data

China's manufacturing activity expanded for the first time in six months in March

UAE: Petrol, diesel prices for April 2024 announced

Petrol prices in the UAE have been rising from February onwards

OPEC Secretary General predicts persistent global demand for oil in the coming decades

OPEC believes that the oil industry will need approximately $11.1 trillion by 2045

Oil prices rise as tighter supplies drive strong first quarter in 2024

Russia's commitment to deeper production cuts as a key factor influencing the crude oil market in the coming months

Gold prices in UAE decline as dollar holds firm

Globally, spot gold stabilized at $2,179.98 per ounce

Oil prices slide for second consecutive day as U.S. stockpiles surge

Market concerns rise as major producers hold output policy steady

Saudi Arabia to get new Social Responsibility Index

The index seeks to encourage enhanced company practices

UAE’s latest T-sukuk auction oversubscribed 7.1 times with $2.13 billion in bids

Dirham-denominated assets gain momentum with increased investor confidence

Saudi Arabia’s Rasan gets IPO approval, to offer 22.7 million shares on Tadawul

The IPO will involve the sale of 30 percent of the company's capital

Oil prices hold steady amidst Russian refinery disruptions, geopolitical tensions

The attacks caused potential disruptions to oil capacity, estimated at 900k bpd

UAE gold prices gain, but dollar strength limits record highs

Copper rebounds, yet 11-month highs prove elusive

Reddit shares surge by 48 percent on first day as a public company

Social media platform's stock market debut signals confidence in growth potential

Gold in UAE dips as dollar gains, central banks send mixed signals

Copper retreats from 11-month highs amid growing concerns over China

Oil prices slide on stronger dollar, potential Middle East tensions alleviation

Declining gasoline supply in the U.S. indicates potential slowdown in crude demand

Parkin shares jump over 35 percent on first day of trading on Dubai stock market

IPO resulted in market capitalization of AED6.30 billion upon admission