China

Oil prices extend losses as U.S. product stockpiles grow, China activity slows

Brent oil futures expiring in July dropped 0.3 percent to $81.61 per barrel

UAE gold prices decline further, global rates eye largest weekly drop in 8 months

Chinese reserve buying remains a significant tailwind, driving demand and supporting gold prices

Oil prices dip amid concerns over prolonged high U.S. rates, weaker demand

Brent crude oil futures expiring in July declined 0.7 percent to $81.35 per barrel

Clean tech manufacturing investments reach $200 billion in 2023, up 70 percent: Report

China accounted for three-quarters of the total investments in this field, according to the report

Oil prices continue downward slide amid rising U.S. stockpiles, jitters over interest rate hikes

Brent crude oil futures expiring in July slid 0.6 percent to $82.40 per barrel

UAE gold prices slip, global rates decline from record high on stronger dollar

The dollar index rose 0.1 percent, making greenback-priced bullion less attractive to holders of other currencies

UAE gold prices up, global rates hit record high of $2,440.49 on rate cut bets

The dollar index maintained its downward trend, declining 0.03 percent on Monday

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

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

Oil prices rise amid weaker dollar, tighter supply expectations

Brent oil futures for July delivery rose 0.5 percent to $83.17 per barrel

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

China’s Ant International seeks expansion in Saudi Arabia

Agreement to facilitate cross-border mobile payment and trade, empower Saudi businesses

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

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

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

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

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

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

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

QatarEnergy inks historic $6 billion agreement to build 18 ultra-modern LNG vessels in China

LNG supplies from Qatar to China reached around 17 million tons in 2023

IEA forecasts strong growth in electric car sales to 17 million in 2024

The IEA expects China to account for 10 million electric vehicle sales this year

China leaves benchmark lending rates unchanged in line with market expectations

The country kept one-year LPR at 3.45 percent, five-year LPR at 3.95 percent

Saudi Aramco to acquire 10 percent stake in China’s Hengli Petrochemical

Deal aligns with Aramco’s strategy to expand its presence in key high-value markets like China

UNCTAD forecasts 2.6 percent global economic growth in 2024, warns of urgent issues beyond inflation

This marks the third straight year of growth below the pre-pandemic average of 3.2 percent from 2015-2019