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Banking & Finance
Saudi Arabia’s holdings in U.S. treasuries surge to $135.9 billion
This represents a 3.66 percent rise compared to the previous month
Markets
Oil prices steady, on track for modest weekly gains as demand outlook brightens
Brent crude futures for July delivery edged up 0.1 percent to $83.33 per barrel
Markets
Oil prices rise amid weaker dollar, tighter supply expectations
Brent oil futures for July delivery rose 0.5 percent to $83.17 per barrel
Markets
Oil prices surge as China’s fiscal stimulus, Canadian wildfires threaten supply
Brent oil futures, set to expire in July, rose by 0.3 percent to reach $83.59 per barrel
Saudi Arabia
China’s Ant International seeks expansion in Saudi Arabia
Agreement to facilitate cross-border mobile payment and trade, empower Saudi businesses
Markets
UAE gold prices down, global rates decline ahead of U.S. inflation data
U.S. employment data supported gold prices, which rose over 2 percent by the end of last week
Markets
Oil prices inch lower on concerns about Chinese imports, U.S. inflation
Brent oil futures expiring in July fell 0.3 percent to $83.53 per barrel
Markets
Oil prices rise on strong Chinese demand, weakening U.S. labor market
Brent oil futures, expiring in July, advanced by 0.5 percent to reach $84.33 per barrel
Markets
Oil prices rise on mixed Chinese trade data, Middle East tensions
Brent oil futures, set to expire in July, saw a 0.4 percent rise to reach $83.93 per barrel
Markets
UAE gold prices steady, global rates rise as traders await rate cut cues
China's central bank marked its 18th consecutive month of gold purchases in April
Hospitality & Tourism
ATM 2024: Dubai’s Emirates, China Cultural Centre join forces to amplify tourism opportunities
The agreement aims to enhance inbound travel from Emirates' global network to China
Egypt
China’s Xinxing Ductile to invest $400 million in Egypt within 5 years
In April, SCZONE laid the foundation stone of the Xinxing Ductile Iron Pipes Corporation’s factory
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