economy
Higher U.S. tariffs against a wide range of trade partners took effect on Thursday, fueling concerns over weaker global economic activity
U.S. gold futures for December delivery hit an all-time high of $3,534.10 on Friday
The first meeting between the two leaders since Biden and Putin's discussions in June 2021
S&P’s stable outlook reflects confidence in China achieving self-sustaining growth over the next years
The bank shifted its tone, suggesting a nearing end to aggressive monetary policy tightening
The emirate witnessed a remarkable 62.5 percent growth compared to July 2024’s transaction values.
The new tariffs target goods from the EU, Japan, and South Korea at 15 percent
The UAE and Russia also signed a Memorandum of Understanding on cooperation in the field of land transport
Net profit rose by 12.2 percent YoY, reaching $358 million during this period
Company’s revenue backlog reached $39.8 billion, highlighting strong future revenue visibility and growth
Gold prices found support as the U.S. dollar index hovered near a one-week low, pressured by unexpectedly weak U.S. jobs data
