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inflation
Markets
Oil prices dip amid rising U.S. inventories as Fed keeps interest rates steady
Brent oil futures expiring in August fell 0.5 percent to $82.24 a barrel
Banking & Finance
Egypt reports $17.23 billion primary budget surplus, reaching 5.87 percent of GDP from July 2023 to May 2024
This represents a significant increase compared to the previous fiscal year, when the surplus was only $2.43 billion
Markets
UAE gold prices decline marginally, global rates dip on stronger U.S. dollar
Asia gold demand surges as buyers turn to bullion as a hedge against geopolitical and economic uncertainty
Markets
Oil prices edge higher on declining U.S. inventories; investors await Fed announcement and inflation data
Brent crude futures for August delivery gained 0.2 percent to $82.09 per barrel
Economy
Global economy to stabilize for first time in three years, grow at 2.6 percent in 2024: World Bank
One in four developing economies is expected to remain poorer than it was on the eve of the pandemic in 2019
Economy
Inflation in Egypt predicted to drop by 10 percent by end of June 2025: Report
The report cited the recent floating of the pound exchange rate and an enhanced IMF agreement
Markets
UAE gold prices decline, global rates dip ahead of key U.S. inflation data
Upcoming U.S. consumer price index data may impact Fed's policy rate projections
Markets
Oil prices dip ahead of key Fed meeting, U.S. inflation data release
Brent crude futures fell 11 cents, or 0.13 percent, to $81.52 per barrel
Markets
UAE gold prices hold steady, global rates decline marginally after largest drop in 3.5 years
Data reveals that China has held off buying gold in May after 18 straight months of purchases
Markets
Oil prices stabilize as traders await OPEC meeting, Fed cues
Brent crude oil futures for August delivery rose 0.2 percent to $79.77 per barrel
Markets
Key factors influencing gold, crude oil performance in H1 2024
From economic signals to policies and developments in the Fed
Economy
Elevating Türkiye’s investment appeal
Country’s trade volume with UAE, an important economic partner, hit $20 billion in 2023
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