China

Gold prices hit one-week high ahead of Fed meeting

Market dynamics and global economic developments shape precious metal's outlook

OECD raises global growth outlook to 2.9 percent in 2024

Shipping and energy supply disruption are currently the most threatening factors to the global economy

Oil prices decline following Fed’s interest rate cut signals

Despite economic and geopolitical crises, 2024 will be a healthy year for the oil market

Oil prices rise on regional tension fears and China demand concerns

Traders reevaluate Middle East supply risks as China's real estate woes deepen

UAE makes first cross-border digital dirham payment, transferring $13.6 million to China

Transaction took place during a celebration marking the 50th anniversary of the CBUAE

Qatar reports $5.13 bn trade balance surplus in December 2023

Year-on-year decrease but a monthly increase in foreign merchandise trade

Oil market on edge: WTI prices surge amidst geopolitical turmoil

Supply concerns intensify following rise in Red Sea tensions

Oil prices decline following surge to highest levels since December

Red Sea disruptions and global tensions raise supply chain concerns

Oil prices increase amid U.S. crude storage and production decline

Chinese economic stimulus and a weaker output contribute to the complex oil market dynamics

Russia and India partner to create a digital economy in BRICS expansion

Both countries are also exploring a native BRICS currency

Chinese startup introduces innovative nuclear battery

Atomic energy breakthrough could revolutionize tech industries

UAE emerges as global FDI hotspot, second only to the U.S.

Global FDI flows in 2023 witnessed a marginal 3 percent increase

Oil prices slide amidst dollar surge and Middle East tensions

Geopolitical risks offset greenback gains, keeping oil market on edge

China’s exports drop as crude oil imports hit record highs

Imports of crude oil increased last year by 11 percent

Gold prices surge over $2,030 amid escalating geopolitical tensions

Yellow metal gains safe-haven appeal as U.S. dollar weakens

China estimates GDP growth rate at 5.3 percent in 2024

Key contributions from consumption, investment, and emerging industries

Generative AI market projected to reach $1 trillion by 2031

UAE and Saudi Arabia are emerging as key global players

Baidu’s Ernie bot surpasses 100 million users, rivals ChatGPT

Chinese tech giant challenges competitors and expands global reach

Half of Russia’s oil exports go to China and India in 2023

China oil export shares have risen to approximately 45 to 50 percent