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China
Markets
UAE gold prices dip, global rates rise on larger rate cut optimism
U.S. dollar declined by 0.15 percent to 103.05, making greenback-priced bullion more affordable for other currency holders
Markets
Oil prices slide on bearish inventory data, persistent global economic slowdown fears
Brent crude oil futures for October delivery fell 0.5 percent to $76.13 per barrel
Economy
Billion-dollar losses: What’s behind the unprecedented stock market collapse?
Can the Fed intervene to calm global markets?
Markets
UAE gold prices down, global rates up on rising U.S. rate cut bets
Japanese stocks rebounded sharply on Tuesday after their biggest single-day decline since the 1987 Black Monday sell-off in the previous session
Markets
Oil prices rebound over 1 percent as Middle East tensions offset demand concerns
Brent crude oil futures for October delivery rose 1.3 percent to $77.29 per barrel
Markets
Oil prices decline to near 8-month low as U.S. recession concerns outweigh Middle East tensions
Both Brent and WTI declined more than 3 percent to their lowest since January on Friday following a volatile week
Energy
China’s maritime economy generates $678.55 billion in H1 2024, up 5.6 percent YoY
The sea area designated for use grew by 16.9 percent YoY, with ¥500 billion in projects
Markets
Oil prices head for fourth week of losses as demand worries outweigh supply risks
Brent oil futures for October delivery rose 0.4 percent to $79.84 per barrel
Hospitality & Tourism
Türkiye welcomes 26.1 million visitors in H1 2024, tourism revenues hit $23.7 billion
Türkiye reaffirms commitment to its year-end target of 60 million visitors and $60 billion in revenues
Economy
G20 pushes for great fortunes tax to fund climate disaster preparedness
The G20 DRRWG meeting focused on the critical importance of financing for resilient infrastructure and early disaster risk warnings
Markets
Oil price rallies amid Middle East tensions and OPEC+ meeting, China concerns linger
Brent oil futures expiring in October rose 0.5 percent to $81.24 a barrel
Markets
Oil prices jump on robust U.S. fuel demand, inventory draws
Brent crude futures for September delivery jumped 1 percent to $79.45 per barrel
Energy
Oil prices slide to two-month low ahead of OPEC meeting, Fed policy decisions
Brent oil futures expiring in September fell 0.2 percent to $79.63 per barrel
Markets
UAE gold prices edge higher, global rates decline on sluggish Asian demand
Investors will closely watch the Fed's interest rate decision on Wednesday, with no change in interest rates expected
Markets
Oil prices flat as demand outlook and supply glut concerns weigh
Brent oil futures expiring in September rose slightly by 0.2 percent to $81.25 a barrel
Markets
UAE gold prices stable, global rates rise but set for weekly losses
U.S. economy grew faster than expected in Q2, but inflation pressures eased, maintaining market expectations of a September rate cut
Markets
Oil prices steady on strong U.S. GDP, but headed for third weekly losses
Brent oil futures expiring in September were stable at $82.38 per barrel
Markets
Oil prices slip amid concerns over China’s demand, pending U.S. economic data
Brent crude futures for September delivery slipped 0.5 percent to $81.26 per barrel
Economy
Dubai’s DMCC reports 9 percent rise in Chinese member companies in H1 2024
DMCC has become home to 15 percent of the estimated 6,000 Chinese businesses and companies in the UAE
Markets
Oil prices rebound after recent losses as industry data shows inventory drop, but surplus looms in 2025
Brent oil futures for September delivery rose 0.5 percent to $81.40 per barrel
Markets
Oil prices fall to 1.5-month low amid weak outlook and surplus concerns
Brent oil futures expiring in September fell 0.2 percent to $82.26 a barrel
Energy
Global electricity demand to grow 4 percent in 2024, highest rise since 2007: Report
Share of renewable source in global electricity supply is forecast to rise from 30 percent in 2023 to 35 percent in 2025
Logistics
UAE, China forge agreement to boost air connectivity, bilateral relations
The agreement between the UAE and China will have a substantial positive impact on the economic sectors of mutual interest
Markets
Oil prices rise as investors look for additional U.S. rate cut cues
China's slower-than-expected economic growth sparked concerns over the country's demand for oil which continues to impact prices
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