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Share of renewable source in global electricity supply is forecast to rise from 30 percent in 2023 to 35 percent in 2025
The agreement between the UAE and China will have a substantial positive impact on the economic sectors of mutual interest
China's slower-than-expected economic growth sparked concerns over the country's demand for oil which continues to impact prices
In the UAE, gold prices fell with 24-carat gold inching up to AED293.50 per gram
Brent oil futures for September delivery shed 0.5 percent to $84.73 per barrel
The MoU outlines a pledge for mutual cooperation on investment promotion exchanges and support
Brent futures, the global oil benchmark, rose 32 cents, or 0.4 percent, to $85.40 per barrel
For the Middle East and Central Asia, oil production and regional conflicts continue to weigh on prospects
Markets are pricing in a rate cut of at least 25 basis points by the Fed at the September meeting
Brent crude oil futures were down by 4 cents to $83.69 per barrel
Brent crude futures fell 21 cents, or 0.25 percent, to $84.64 per barrel
Exports from the three largest global LNG exporters, the U.S, Australia and Qatar, accounted for 60 percent of all LNG exports in 2023
