Worldwide

Oil prices plummet by 0.5 percent as U.S. inventories surge, China reports weak data

Brent crude futures for March delivery decreased by 0.5 percent, settling at $75.79 per barrel

Microsoft launches $3 billion investment in India to enhance AI, cloud infrastructure

The investment will establish new data centers in India to enhance AI solutions

Rolls-Royce plans $376 million investments in UK facility to expand Bespoke, Coachbuild capabilities

Investment to prepare the manufacturing facility for the brand's transition to an all-battery electric vehicle future

Oil prices rise to $77.41 amid 4 million barrels drop in U.S. inventories

West Texas Intermediate crude futures also rose by 0.5 percent to $73.97 a barrel

BRICS bloc officially welcomes Indonesia as new member

Indonesia joining BRICS enhances collaboration with developing nations based on equality and sustainable development

Samsung launches Vision AI, new innovations at First Look 2025

Latest additions include Click to Search feature which offers users instant information about what’s on the screen

Oil prices decline to $76.22 as economic data overshadows supply concerns

U.S. West Texas Intermediate (WTI) crude dropped by 15 cents, or 0.19 percent, to $73.42

Gold prices to grow modestly in 2025 following 25.5 percent surge in 2024: Report

Factors that may support gold prices include stronger central bank demand or rapid deterioration of financial conditions

Abu Dhabi’s Space42 launches Thuraya 4 into orbit aboard Space X’s Falcon 9 

This launch is a key milestone for Space42 in geospatial data, analytics, NTN, and secure connectivity

Oil prices climb on hopes for Chinese stimulus with Brent at $72.68 and WTI at $76.08

Both oil contracts are on track to achieve a second consecutive weekly increase

Egypt receives first $1.03 billion EU funding installment

Discussions are currently in progress to approve a second tranche of $4.14 billion

UAE gold prices surge to AED319 as market responds to Fed’s outlook

Spot gold rose by 0.3 percent to $2,632.82 per ounce

Oil prices rise to $75.13 following 1.4 million barrel decline in U.S. inventories

Crude oil WTI futures for February delivery also surged 0.7 percent to $71.75 per barrel

WMO warns: 2024 could set new temperature records

Greenhouse gas concentrations continue to rise, reaching unprecedented levels and trapping even more heat for the future

16 major lunar events to watch for in 2025

The full moon will obscure Mars after sunset on both January 13 and 1

UAE gold prices stable at AED315.15 amid thin year-end trading, set for strong annual gains

22-carat gold stood at AED 292.25, 21-carat gold was priced at AED 283, while 18-carat gold was at AED 242.50

Oil prices rise to $74.51 following Chinese manufacturing data, but set for yearly decline

WTI futures for February delivery also saw a 0.7 percent increase, reaching $71.05 per barrel

Global population grows to 8.156 billion in 2024

The United Nations expects the global population to peak at around 10.3 billion in the 2080s

Oil prices dip 6 cents with Brent at $74.11 as investors watch for China and U.S. data

U.S. West Texas Intermediate crude saw an 8-cent decline, bringing it to $70.52 a barrel

4 key factors shaping the global economic landscape in 2025

Developing economies will be the most vulnerable to the challenges shaping the global economy in 2025

Oil prices steady at $73.22 and $69.19 amid holiday trading slowdown

Year-end profit-taking and portfolio rebalancing contributed to the lower trading volumes

Middle East private medical insurance costs to rise 12 percent by 2025

64 percent of insurers expect higher medical trends worldwide over next three years

Japan Airlines system recovers after cyberattack delays flights

Japan Airlines noted that the "Airport Standby Service" for domestic flights departing today is suspended