Donald Trump

US Federal Reserve, UAE central bank hold interest rates steady

After cutting the benchmark interest rate a full percentage point last year, the Fed kept it in the current 4.25-4.50 percent range

DeepSeek surpasses ChatGPT as top app in App Store, Google Play

On iOS, DeepSeek is currently the No. 1 free app in the U.S. App Store and 51 other countries

UAE gold prices rise AED2.25, global rates steady as investors await Fed decision

The recovery in global markets failed to assist gold prices in rising over their Tuesday levels

Oil prices stabilize at $77.47 amid U.S. inventory data and Trump tariff concerns

Crude prices saw some losses this week amid concerns over weak Chinese economic data

Trump confirms Microsoft in talks to acquire TikTok

In 2020, Microsoft emerged as a top bidder to buy TikTok, but talks soon collapsed when he left office

Oil prices climb 0.2 percent to $77.21 after steep losses amid Trump concerns, demand uncertainty

DeepSeek questions the need for data center investments, suggesting fewer centers may lower energy demand

UAE gold prices fall AED3.5, global rates rise as focus shifts to Fed meeting

China's net gold imports through Hong Kong fell 84 percent in December, dropping to their lowest since April 2022

Fed to hold interest rates steady as Trump calls for lowering borrowing costs

The market is pricing in the possibility that the U.S. central bank will lower borrowing costs twice by the end of this year

Meta plans $65 billion investment in AI infrastructure to reach over billion users by 2025

Zuckerberg declared 2025 "a defining year for AI," emphasizing its role in driving core business

Oil prices decline 1.2 percent to $77.59 as Trump’s policies, China’s weak data impact market

Oil markets faced pressure from weak PMI data from China, indicating ongoing struggles in business activity