Economics
Oil was pressured by mixed economic readings from China, signaling inconsistent growth in its economy
Dubai 24-carat gold price today remains above AED406 as Fed meeting looms, Middle East tensions rise
The Fed is projected to maintain rates, but focus will be on Chair Powell's future cuts outlook
Saudi Arabia ranks among the lowest inflation rates in G20 countries
H.H. reported 18.6 percent growth in UAE non-oil foreign trade for Q1 2025
Non-oil GDP grew by 5 percent, totaling AED1.342 trillion, showcasing economic diversification achievements
Drawing insights from 317 single family offices across more than 30 markets, the report covers a broad cross-section of global capital and influence
Concerns grow over potential disruptions in the Strait of Hormuz, impacting global oil supply
Fed's upcoming meeting may signal potential interest rate cuts amid economic uncertainty
U.S. customs duties surged to a record high, contributing to a reduction in the budget deficit.
Both leaders emphasized the importance of supporting international initiatives for regional and global stability
The value of Britain’s exports to the U.S. was the lowest since February 2022 at GBP4.1 billion
