Markets

Oil prices dip amid strong U.S. inflation data, yet remain on track for weekly gains due to Middle East tensions

Brent crude futures for December delivery dropped 0.5 percent to $78.98 a barrel

UAE, global gold prices rise as U.S. inflation data supports November rate cut

Market focus now shifts to U.S. Producer Price Index (PPI) report due today

UAE gold prices down, global rates inch up ahead of key U.S. inflation data

Traders are currently pricing an 84.7 percent chance of a 25-basis-point cut in November

Oil prices rise after two-day decline amid Middle East tensions, expected Chinese stimulus

Brent crude futures for December delivery climbed 0.4 percent to $76.89 a barrel

Trading and thriving in the digital age

Exness prioritizes innovation and personalization to serve MENA’s modern traders

UAE, global gold prices dip as dollar surges ahead of Fed’s meeting minutes

U.S. dollar index rose 0.06 percent to 102.61 earlier in the session, inching closer to the seven-week high it recorded last week

Oil prices rebound as market reacts to U.S. inventory surge, Middle East tensions ease

Brent crude futures for December delivery climbed 0.6 percent to $77.63 per barrel

Cointelegraph establishes Middle East office among 600+ Web3 firms at DMCC Crypto Centre

This collaboration is expected to provide Cointelegraph with valuable opportunities to engage with the broader Web3 ecosystem

UAE gold prices flat, global rates dip as traders eye Fed’s latest meeting minutes, economic data

Investor focus now shifts to the Fed's latest policy meeting minutes due on Wednesday and inflation data due on Friday

Oil prices retreat amidst ongoing concerns over Middle East conflict, hurricane impact

Brent crude futures for December delivery dropped 0.6 percent to $80.42 a barrel

UAE, global gold prices ease as bets firm for smaller U.S. rate cut in November

Traders are currently pricing a 95.7 percent chance of a 25-basis-point rate cut in November

Oil prices dip on oversupply concerns amid rising Middle East tensions

Brent crude rose 8 percent last week, marking the largest weekly gain since January 2023

ADNH Catering sets IPO price range, starts subscription period

The final offer price will be announced on October 16, while listing on ADX is likely to take place on October 23

Exness joins Forex Expo Dubai 2024 as elite sponsor

The event is set to attract more than 18,000 visitors from the trading community and the industry

Dubai’s Parkin announces first interim dividend of $54.1 million

Cash dividend will be paid to shareholders at the end of October

TAQA successfully prices $1.75 billion dual-tranche bonds

Part of the offering is a $850 million 12-year green bond, TAQA’s second under its green finance framework

UAE, global gold prices rise on safe-haven demand as U.S. payrolls data in focus

The dollar fell 0.1 percent from a month-long high, making gold priced in dollars more affordable for foreign buyers 

Oil prices remain stable as investors assess Middle East tensions, global supply dynamics

Brent crude futures fell by 8 cents, or 0.1 percent, settling at $77.54 a barrel

ADX records 15 major deals on ADNOC Gas and Modon valued at $724.2 million

The first transaction involved 505.8 million shares of Modon Holding for AED2.44 billion across six deals at AED4.83 per share 

Saudi Aramco completes $3 billion international sukuk issuance

Issuance supports Aramco’s efforts to diversify and broaden its investor base, further enhance liquidity and re-establish its sukuk yield curve

UAE, global gold prices down as investors eye key U.S. economic data, Mideast developments

The dollar index continued its rebound, gaining 0.10 percent to 101.78, and making gold more expensive for other currency holders

Oil prices surge amid fears of Middle East conflict disrupting crude shipments

Brent crude futures climbed by 80 cents, or 1.08 percent, reaching $74.70 a barrel

$19.55 billion of Islamic bonds, sukuk listings on Abu Dhabi market: UAE’s SCA

The listings comprise 10 conventional tranches and 6 additional issues categorized as green bonds and sukuk focused on sustainability 

DFM sees 10.9 percent gain in 2024, leading GCC markets with 4.1 percent monthly growth in September

The overall growth was widespread, driven particularly by significant gains in key indices such as the Financial Index