Markets

Adani stock price plummets following U.S. indictments of chairman Gautam Adani

Gautam Adani's Adani Enterprises closed over 23 percent lower in its worst one-day drop since February last year

China’s Ministry of Finance lists $2 billion bonds on Nasdaq Dubai

Chinese entities have had a notable presence on Nasdaq Dubai, with over $22 billion in debt listed to date

Gold prices rise for fourth day straight as Russia-Ukraine tensions escalate

The U.S. dollar index fell 0.11 percent to 106.57, making gold prices more appealing for other currency holders

Bitcoin surges to record high $97,892 on Trump’s potential crypto plans

Since the US election, more than $4 billion has streamed into U.S.-listed Bitcoin exchange-traded funds

Oil prices rise amid escalating Russia-Ukraine tensions, yet U.S. inventory build limits overall gains

Brent oil futures for January delivery increased by 0.4 percent, reaching $73.07 a barrel

Gold prices rise to one-week high on rising Russia-Ukraine tensions

Several Federal Reserve officials this week are expected to provide additional insight into the U.S. rate cut trajectory

Bitcoin surges to new record high of $94,078

Recent momentum takes global cryptocurrency market's value above $3 trillion to a record high

Oil prices steady as traders assess Russia-Ukraine conflict, U.S. inventory gains

Brent oil futures for January delivery held steady at $73.31 a barrel

World Bank partners with ADGM Academy to boost financial literacy, economic knowledge

The collaboration will create an environment that equips individuals, businesses, and governments with the skills to thrive in the evolving financial landscape

ADX executes $40.56 million deal in IHC shares

This transaction consisted of 360,000 IHC shares, each priced at AED414

Gold prices at one-week high on softer dollar

Geopolitical risks stemming from the Russia-Ukraine war and the ongoing conflicts in the Middle East continue to raise safe-haven demand for gold

Oil prices rise slightly as Norway’s Johan Sverdrup oilfield halts production amid escalating conflict in Ukraine

Brent crude futures for January delivery increased by 15 cents, or 0.2 percent, reaching $73.45 a barrel

Talabat IPO: Offer price range, start of subscription announced

The offer price range has been set between AED1.50 and AED1.60 per share

UAE overtakes U.K., becomes second-largest gold hub with over $129 billion in trade

Major shifts in the global gold trade will likely propel an 'Asian Century' for gold, with new gold economic corridors among BRICS nations

Arab stock exchanges’ market cap rises 2.54 percent to $4.3 trillion in Q3 2024: Report

The Beirut Stock Exchange led the upward movement among Arab stock exchanges, with its index increasing by 29.03 percent

Gold prices rise after worst week in more than three years

The U.S. dollar index lost some of its recent gains after rising 1.6 percent last week

Oil prices surge amid intensifying Ukraine-Russia conflict, persistent demand concerns in China

As of 05:02 GMT, Brent crude futures rose by 29 cents, or 0.4 percent, reaching $71.33 a barrel

Gold prices set for worst week in over three years

Data on Thursday showed that U.S. producer prices picked up in October, adding to signs that progress toward lower inflation was stalling

Oil prices set for weekly loss on slow Chinese demand, higher supply prospects

The International Energy Agency expects global oil supply to exceed demand in 2025 even if OPEC+ output cuts remain in place

Saudi Arabia’s PIF sells 2 percent stc stake, raises $1.03 billion

PIF’s remaining stake in stc equates to 3.1 billion shares or 62 percent

Gold prices fall to eight-week low, UAE rates dip

The U.S. dollar rose to a one-year high while treasury yield rose to its highest since July

Bitcoin soars past $90,000 amid Trump-fueled crypto rally

Trump embraced crypto during his campaign, promising to make the U.S. the 'crypto capital of the planet'

Oil prices drop as U.S. inventory data misses expectations, markets look for clarity on Chinese demand

Brent oil futures for January delivery decreased by 0.1 percent, settling at $72.23 per barrel