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Economy Middle East Summit
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inflation
Markets
UAE gold prices hit new peak as global rate touches record high of $2,304.09
Gold prices have reached new record highs in each session since last Thursday
Economy
Business activity in Saudi Arabia rises to 6-month high in March, PMI data shows
Non-oil private sector saw a decline in cost inflation for the second month in a row
Economy
Eurozone inflation drops to four-month low of 2.4 percent in March 2024
The market anticipates four ECB rate cuts, first in June
Markets
UAE gold price surges as global rates hit new record high of $2,288.09
While gold stole the spotlight with its record-breaking rally in prices, other precious metals also experienced gains
Industry
Manufacturing sector in China sees growth in March, ending 6-month contraction
PMI data shows growth in export orders, slow employment decline
Economy
Oman outlook raised to positive on strengthening fiscal position: Report
Oil production cuts to keep economic growth low at about 1.4 percent in 2024
Markets
UAE gold prices show modest increase at market opening, eyes on U.S. inflation data
Globally, spot gold remained stable at $2,195.34 per ounce
Markets
Gold prices in UAE decline as dollar holds firm
Globally, spot gold stabilized at $2,179.98 per ounce
Economy
Egyptian PM aims to bring down prices of essential goods by 15-20 percent
The government's price reduction plan is set to ease burden on citizens
Economy
Russian central bank maintains 16 percent interest rate amid persistent inflationary pressure
Central bank signals prolonged tight monetary policy amid economic challenges
Economy
Türkiye’s Central Bank shocks markets with unexpected key interest rate increase
TCMB raised key interest rate from 45 percent to 50 percent
Economy
Bank of England maintains interest rate at 5.25 percent, but cut looms near
The bank’s committee is worried as wage growth outpaces inflation at 6 percent
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