inflation

Dubai 24-carat gold prices climb to AED409 as U.S. gold futures jump to all-time high

U.S. gold futures for December delivery hit an all-time high of $3,534.10 on Friday

China maintains A+ credit rating from S&P Global as growth projections remain positive

S&P’s stable outlook reflects confidence in China achieving self-sustaining growth over the next years 

Bank of England cuts interest rate to 4 percent, stresses caution for inflation control

The bank shifted its tone, suggesting a nearing end to aggressive monetary policy tightening

Dubai 24-carat gold prices rise to AED407 as safe-haven demand surges on new India tariffs

Gold prices found support as the U.S. dollar index hovered near a one-week low, pressured by unexpectedly weak U.S. jobs data

U.S. trade deficit narrows by 16 percent in June to $60.2 billion as tariff rates surge to highest since 1934

Exports of goods and services totaled $277.3 billion in June, reflecting ongoing economic adjustments

GCC banks: Loan growth to remain strong in 2025 as interest rates fall, says S&P

Loan growth is expected to remain strong for the remainder of the year in Qatar, Saudi Arabia and the UAE

Egypt’s net international reserves surge to $49.036 billion in July 2025, highest in years

Over three months, Egypt’s reserves grew by approximately $1.2 billion from $47.82 billion in May

Turkish inflation falls to 33.52 percent in July, lowest since 2021

Month-on-month inflation registered at 2.06 percent, following a CPI of 1.37 percent in June 

Dubai 24-carat gold price today falls to AED396.75, sees weekly loss on stronger dollar

The Fed maintained interest rates, dampening expectations for a September rate cut amid inflation

Crude oil prices rise above $71.8 amid new tariffs impacting Russian supply

Trump's new tariffs on U.S. trading partners are scheduled to take effect on August 1

Dubai 24-carat gold prices gain AED3 on renewed trade uncertainty

The uncertainty surrounding tariffs has added to global market volatility, reinforcing gold's appeal as a safe-haven asset

CBUAE maintains base rate at 4.40 percent in line with Fed decision

The Fed decided to maintain the target range for the federal funds rate at 4.25-4.5 percent in its latest meeting