China

China’s foreign exchange reserves reach $3.22 trillion by end of June 2024

The amount shrank by 0.3 percent compared to the previous month

Oil prices steady amid storm threat and demand concerns

Brent crude futures for September delivery edged up 0.2 percent to $86.67 per barrel

China’s service trade soars to $415.6 billion in first five months of 2024, posting 16 percent growth

Exports amounted to approximately 1.22 trillion yuan, up 11 percent, while imports stood at 1.8 trillion yuan

Saudi Arabia’s PIF expands Middle East-Asia Investments, invests $500 million in Hong Kong conglomerate

The investment includes $100 million in five-year convertible debentures and $400 million in a five-year loan

UAE’s DP World, China’s Zhejiang Seaport partner to strengthen UAE-China trade

Partnership further supports UAE-China trade ties and the Belt and Road Initiative

Emerging economies set to dominate future agricultural growth over next decade: Report

India and Southeast Asian countries are projected to account for 31 percent of global consumption growth by 2033.

Economic growth stable but several risks could destroy ‘sandcastle economy’: Saxo Bank

Saxo Bank expects U.S. and European sovereign bond yields to remain range-bound in Q3 2024

UAE gold prices rise, global rates up as investors eye Fed meeting minutes

Fed Chair Jerome Powell said on Tuesday the U.S. was back on a 'disinflationary path' but policymakers remain cautious

Oil prices rise as demand optimism builds ahead of U.S. inventory report

Brent crude futures rose 2 percent to $86.41 per barrel

Oil prices surge amid weaker dollar, rate cut bets

Brent oil futures for September delivery increased 0.3 percent to $85.29 per barrel

UAE gold prices rise, global rates set for third quarterly gain ahead of U.S. inflation data

Investors today await the U.S. personal consumption expenditures (PCE) price index, the Fed's preferred inflation measure

Remittance flows to low-middle-income countries moderated in 2023, reaching $656 billion: World Bank

Remittances to LMICs are expected to grow 2.3 percent in 2024, but unevenly across regions

Dubai Business Forum–China to promote investments, bilateral relations

Forum to support both China's 'Made in China 2025' roadmap and the Dubai Economic Agenda

UAE’s Etihad Cargo deepens collaboration with China’s SF Airlines, adds Abu Dhabi-Shenzhen freighter service

The two companies also agreed to increase the frequency of flights between their major hubs - Abu Dhabi and Ezhou

Oil prices edge higher on hopes of summer demand surge, potential supply disruptions

Brent crude oil futures for August delivery rose 0.1 percent to $86.07 per barrel,

Saudi Arabia’s non-oil exports rise 12.4 percent, imports down 1.3 percent in April: Report

Exports to China reached 16.6 percent of total exports, making it the top destination for Saudi Arabia's exports

Oil prices poised for second consecutive weekly gain on improving demand, inventory declines

Brent crude futures for August delivery dipped slightly by 15 cents to $85.56 per barrel

UAE gold prices rise, global rates decline on Fed rate cut speculations

Gold prices have lost around 6 percent from their record high on a stronger dollar and higher interest rates

Oil prices hover around $85 amid global tensions, inventory shifts

Brent crude futures edged up 2 cents to $85.35 per barrel

UAE gold prices decline, global rates dip ahead of key U.S. inflation data

Upcoming U.S. consumer price index data may impact Fed's policy rate projections

Oil prices dip ahead of key Fed meeting, U.S. inflation data release

Brent crude futures fell 11 cents, or 0.13 percent, to $81.52 per barrel

UAE gold prices hold steady, global rates decline marginally after largest drop in 3.5 years

Data reveals that China has held off buying gold in May after 18 straight months of purchases

Oil prices stabilize as traders await OPEC meeting, Fed cues

Brent crude oil futures for August delivery rose 0.2 percent to $79.77 per barrel