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The dollar index fell 0.4 percent, making gold more attractive to foreign currency holders
The visit comes as the total trade volume between the two countries reached about $49.6 billion in 2024
Trump announced lately that phones, computers, and chips would be exempt from the new tariffs
This increase marks the highest reading since July 2023
The White House announced recently exemptions for smartphones and computers from new tariffs
Trump is considering changes to the 25 percent tariffs on foreign auto imports from various regions
The UAE plans to have EVs account for 50 percent of car sales by 2050
In Dubai, gold rates achieved remarkable gains, with 24-carat gold rising by AED0.5 to AED389
Economy Middle East speaks with Emmanuel Givanakis, CEO of ADGM’s FSRA to discuss the critical role of financial services regulation in driving sustainability and fostering innovation in ADGM’s financial ecosystem
Notable initiatives include Qatar’s ‘Amaze Yourself‘, Saudi Arabia’s ‘The Land is Calling‘, and the UAE’s ‘Dubai, What’s Not to Love?'
The Global Hotel Investment Outlook from property consultancy experts JLL presents a perspective of the hospitality sector
Saudi Arabia’s rising tourism hub boasts world-class hotels, sustainable efforts, and more
