Europe

European Central Bank to hold interest rates amid U.S.-EU trade talks

Analysts anticipate the central bank will resume cutting rates in either September or December

Dubai 24-carat gold prices fall to AED407.5 as global rates dip on easing trade tensions

The dollar index fell 0.06 percent to 97.15 on Thursday, a more than two-week low

Abu Dhabi’s Space42 announces $695.5 million financing for Al Yah 4 and Al Yah 5 satellites

The program is backed by a $5.1 billion government contract starting in 2026

Abu Dhabi Securities Exchange, Budapest Stock Exchange sign MoU to explore opportunities for dual listings, cross-border trading

MoU further aims to promote visibility of capital markets through joint events and initiatives

GCC governments’ digitalization push fuels telecom resilient performance, expansion into Europe: S&P

Significant investments in AI and cloud services reflect GCC telcos’ commitment to future-proofing their businesses

Dubai 24-carat gold price today hits AED408.25 up AED2.75 as dollar and bond yields fall

U.S. dollar index trades near a one-week low, making gold cheaper for foreign buyers 

Crude oil prices drop 0.75 percent to $68.60 amid rising trade tensions, demand concerns

U.S. tariffs on EU imports are expected to raise trade anxieties beyond the oil sector 

Dubai 24-carat gold price rises to AED404.75 as market awaits U.S. trade developments 

The dollar's muted start to the week has supported the early rise in gold prices as the August 1 deadline for U.S. tariffs looms

Oil prices climb to $69.36 as new EU sanctions hit Russian oil supplies

Oil market's muted response reflects skepticism about the potential impact of the sanctions

Eurozone inflation rises to 2.0 percent as EU inflation hits 2.3 percent in June 2025

Annual inflation rises as economic pressures continue to shape the eurozone landscape

Binghatti launches first International Sales Boutique in the U.K. to attract global investors

With over AED50 billion in developments, Binghatti aims to facilitate international investment in the UAE

The Swedish experience: A fact-finding mission to Stockholm

Sweden is on the cusp of becoming the first smoke-free country in the Western world