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Saudi Arabia, U.S. to sign landmark mining pact advancing Vision 2030

HRH Saudi Crown Prince Mohammed bin Salman chaired a Cabinet session highlighting this crucial partnership initiative

Visa and Whish Money partner to elevate digital payment solutions across Lebanon, international markets

The collaboration enables Whish Money to integrate Visa’s advanced payment technologies for improved services

Crude oil prices climb to $62.73 as market focuses on U.S.-China trade talks

Crude stocks fell by 4.5 million barrels recently, with analysts expecting further declines in inventories

Dubai 24-carat gold prices up AED2.25; global rates retreat amid U.S.-China trade optimism

Spot gold declined by 1.2 percent to $3,388.67 an ounce after a strong previous session.

Trump’s tariffs propel U.S. trade deficit to record high $140.5 billion in March

Imports rose 4.4 percent to an all-time high of $419.0 billion in March

UK and India sign major trade deal to boost bilateral trade by $34 billion

Deal will increase UK's GDP by $6.43 billion and wages by $2.94 billion each year

Crude oil prices rebound to $61.20 as price drop sparks buying; oversupply concerns persist

Brent crude futures reached $61.20, while U.S. West Texas Intermediate settled at $58.05 a barrel

Dubai 24-carat gold prices up AED8; global rates surpass $3,360 amid safe-haven demand

Market analysts predict that any dovish signals from the Fed could further support gold prices

Fed to refrain from cutting interest rates as economic growth slows, tariffs dampen outlook

The Fed has held its policy rate in the 4.25-4.50 percent range since December

UAE and Croatia explore opportunities in new economy, tourism and advanced technology

Focus on creating a flexible business environment to boost investment and dialogue between both nations 

Trump introduces 100 percent tariff on foreign films: “We want movies made in America again”

Uncertainty remains on how tariffs will affect streaming services and box office revenues 

U.S. wants a fair trade deal with China, says Trump

When asked if any trade deals would be announced this week, Trump said that there could "very well be"

Warren Buffett to step down as CEO of Berkshire Hathaway – Who will lead next?

Buffett’s announcement was met with applause from 40,000 shareholders during the annual meeting 

Oil prices drop over $2 as OPEC+ agrees to increase production by 411,000 barrels

Barclays lowered its Brent forecast by $4 to $66 a barrel due to OPEC+ decisions

Dubai’s 24-carat gold prices up AED3.50; global rates rise on weaker dollar

Traders expect 80 basis points of rate cuts this year after strong job growth reported in April

Visa introduces AI shopping agents powered by OpenAI, Microsoft

Visa CEO emphasized the need for secure AI-enabled payments in evolving commerce landscape

Bitcoin surges above $96,880 as market shows signs of recovery, investor confidence grows

Increased trading volumes signal renewed bullish sentiment among both retail and institutional investors.

e& Wholesale Americas launches in Miami to boost connectivity, drive digital innovation and market access

The Miami office enhances C&WS’s global footprint, serving as a gateway to dynamic markets

Google’s new AI Mode offers innovative search capabilities to rival ChatGPT and Meta

The new AI Mode delivers a conversational interface for dynamic exchanges and user engagement 

Crude oil prices rise to $62.53 as China evaluates U.S. trade proposal

The United States has approached China to seek talks over Trump's 145 percent tariffs, and Beijing's door was open for discussions

BNY Mellon secures regional headquarters license in Saudi Arabia

New RHQ will enhance operations and services across the Middle East 

New Russia-North Korea bridge to boost trade and tourism, enhance economic ties

Finalized during Putin's 2024 visit, the bridge project aims to boost cross-border movement

Bank of Japan (BOJ) maintains rates at 0.5 percent, revises growth forecasts for 2025 and 2026

Cautious approach reflects concerns over U.S. tariffs impacting Japan's recovery prospects