China

Dubai gold prices surge AED4.25, global rates climb as U.S. raises China tariffs

Gold has increased by more than 18 percent in 2025, driven largely by Trump's tariff plans

China retaliates with 84 percent tariffs on U.S. goods

The European Union is also preparing its own retaliatory measures for later on Wednesday

Dubai, Abu Dhabi achieve top rankings in 2025 smart city index

AlUla in Saudi Arabia, Kuwait City in Kuwait, and Manama in Bahrain have emerged as notable contenders

Saudi Aramco, China Sinopec announce Yasref petrochemicals complex expansion

This initiative aims to boost Yasref's capabilities and global standing in the petrochemical sector

Microsoft surpasses Apple as most valuable company amid trade war concerns

On Tuesday, Apple shares fell to an 11-month low during aftermarket trading

Saudi Arabia achieves top global ranking in empowering women in AI sector: Report

The Kingdom ranked third in AI job growth for 2024 and fourth in leading AI models

Trump says U.S. will announce “major” tariff on pharmaceutical imports

Trump noted that these tariffs will incentivize drug companies to move their operations to the U.S.

Stocks slide following U.S. 104 percent tariffs on China

Since Trump's tariff announcement, S&P 500 companies have lost $5.8 trillion in market value

Dubai gold prices fall AED5, global rates stall amid U.S. tariff concerns

White House's 104 percent tariffs on China spiked the VIX, causing sharp declines in major indices

Trump’s 50 percent tariff threat to China raises fears of further trade disruption

Beijing countered, asserting that "pressuring or threatening China is not a right way to engage" 

Oil prices rebound 1 percent to $64.93 after sharp tariff-driven declines

Markets worry Trump's tariffs will hinder global economic growth and negatively impact oil demand

Dubai gold prices drop AED5, global rates slip below $3,000 amid tariff turmoil

Bullion prices slipped by as much as 2.7 percent before paring some losses on Monday