Worldwide

Oil prices rise 0.6 percent to $75.19 as new U.S. sanctions on Iran ignite supply concerns

West Texas Intermediate (WTI) crude futures increased by 0.7 percent to $70.92 per barrel

UAE to invest $40 billion in Italy across key sectors, over 40 new agreements signed

Non-oil trade between the two countries grew to $11.7 billion in 2023

Explore the future of connectivity at MWC25 in Barcelona

From March 3 - 6, thousands of participants will gather in Barcelona to witness the convergence of industry leaders, tech innovators, entrepreneurs, and policymakers

UAE gold prices rise AED1.25 as global rates near record high on weaker U.S. dollar

Markets are focusing on Friday's PCE report, the Federal Reserve's preferred inflation measure

Oil prices fall 0.3 percent to $74.24 amid weak U.S. economic data

West Texas Intermediate (WTI) crude futures fell 0.4 percent to trade at $69.97 per barrel

Global consumer product sales see slow growth in 2024 as price increases stabilize, volumes improve: Report

Amid declining shareholder returns, consumer products companies must accelerate digital transformation to regain lost ground

OpenAI surpasses 400 million weekly users, up 33 percent in three months despite DeepSeek competition

This marked rise reflects the evolving utility and familiarity of ChatGPT among users

Oil prices set for 3 percent weekly gain on Russia supply concerns, strong U.S. demand

The EIA reported on Thursday that U.S. crude oil stockpiles rose, while gasoline and distillate inventories fell last week

Microsoft unveils Majorana 1 quantum computing chip, stock rises

Joining Google, IBM, and others in the race to develop a viable quantum computer

Oil prices fall to $75.73 on reports of U.S. crude inventories rising

Analysts forecasted that about 2.2 million barrels of crude was added to U.S. stockpiles in the week ended on February 14

Qatar pledges $10 billion investment in India to boost economic ties

Both countries agreed to double bilateral trade from $14 billion to $28 billion in five years

Saudi Aramco to acquire 25 percent stake in Unioil Petroleum Philippines

The agreement, subject to standard conditions, supports the company's strategy to expand its global retail network

Brazil to join OPEC Charter of Cooperation

Brazil will serve as an advisor in the Charter of Cooperation, without production or price obligations

Kuwait, Uzbekistan strengthen ties with 4 new agreements as bilateral trade grows 23-fold since 2017

The first agreement between the two countries aimed at enhancing collaboration in the private sector labor force

Saudi Crown Prince meets Russian Direct Investment Fund Chief, discuss bilateral investment coordination

Riyadh hosted on Tuesday discussions between Russian and U.S. representatives

UAE gold prices surge AED2.25 amid global decline, Russia-Ukraine peace talk hopes

Spot gold dropped 0.2 percent to $2,928.52, while U.S. gold futures fell 0.1 percent

Oil prices rise 0.3 percent to $76.04 amid supply disruptions, U.S.-Russia talks

West Texas Intermediate crude futures also experienced a 0.3 percent rise, reaching $72.03 per barrel

UAE and Ukraine explore investment opportunities following CEPA signing, issue joint statement

CEPA aims to add about $369 million to UAE's GDP and $874 million to Ukraine's GDP

Upon Saudi Crown Prince’s directives, Kingdom hosts U.S.-Russia talks in Riyadh

Saudi welcomed last week's Trump-Putin phone discussion, aiming to unite both leaders in the Kingdom

U.K. Minister pledges to strengthen ties with Saudi Arabia as bilateral trade hits $21 billion

Over 60 U.K. companies have regional headquarters in Saudi Arabia, employing around 30,000 British workers

Elon Musk on potential American-Russian talks in Riyadh: “This is what competent leadership looks like”

Trump says he expects first meeting with Putin in Saudi, involving Crown Prince Mohammed bin Salman

UAE gold prices surge AED1.25 as global rates rise amid U.S. tariffs uncertainty, trade war fears

Spot gold was up 0.1 percent at $2,898.99, while U.S. gold futures gained 0.4 percent to $2,912.60

Oil prices drop 0.2 percent to $75.10 as OPEC+ considers output delays

Crude Oil WTI Futures set to expire in March increased by 0.7 percent to $71.17 per barrel