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Sheikh Hamdan expressed hope for greater cooperation between the Bombay Stock Exchange and Dubai Financial Market
Tech stocks also witnessed a major increase, with Nvidia shares gaining 18.72 percent and Tesla rising 22.69 percent
Following the tariff pause for most countries, oil prices settled 4 percent higher on Wednesday
Gold has increased by more than 18 percent in 2025, driven largely by Trump's tariff plans
The new issue is structured efficiently with PIF support from prepaid forward share purchase
Trump signed an executive order raising tariffs on China by 50 percent, escalating tensions significantly
Since Trump's tariff announcement, S&P 500 companies have lost $5.8 trillion in market value
White House's 104 percent tariffs on China spiked the VIX, causing sharp declines in major indices
The Saudi TASI index rose by 1.8 percent at the start of trading
Markets worry Trump's tariffs will hinder global economic growth and negatively impact oil demand
Bullion prices slipped by as much as 2.7 percent before paring some losses on Monday
Bitcoin is expected to continue moving similar to equities as global recession fears overshadow any crypto regulatory tailwinds
The exchange rate closed at EGP51.19 to $1, up from EGP50.66
S&P 500 futures fell 3.5 percent, Nasdaq futures dropped 4.4 percent, increasing total market losses to $6 trillion
Market sell-off continued as investors sold bullion to cover losses amid recession fears from trade war
Trump intensified trade tariffs, raising worries about slowing economic growth and declining demand
OPEC+ now aims to return 411,000 barrels per day to the market in May, up from 135,000 bpd as initially planned
S&P 500 companies lost a combined $2.4 trillion in stock market value amid one of the largest single-day percentage losses in years
In the previous session, gold prices declined by more than 2 percent after reaching a record high of $3,167.57
Among the most prominent countries hit by the tariffs are China at 34 percent, the European Union at 20 percent and Vietnam at 46 percent
Imports of oil, gas and refined products were exempted from the new tariffs, the White House said
Gold prices have set more than 15 records this year and achieve a nearly 19 percent increase year-to-date
U.S. economic slowdown and rising inflation could drive gold prices to $3,300 in the next months
Traders raised oil's risk premium, anticipating supply disruptions from Trump's actions and policies
