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The Minister noted Egypt's competitive advantages: a diverse economy, strong industrial base, and skilled workforce
U.S. oil demand remained strong as distillate inventories fell more than expected by 2.8 million barrels
So far this year, gold has recorded 16 record highs, four of which were above the $3,000 milestone
The UAE central bank has also decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 4.40 percent
Dubai's residential sector saw 32 percent sales growth in 2024, reaching $99.9 billion, driven by investor interest
Gradual oil output hikes in the GCC region will generate oil-sector growth of 3.2 percent this year, following two years of contraction
Bullion is on track for a second consecutive weekly increase, rising 2.5 percent so far this week
Trump's tariffs may fuel inflation, pushing safe-haven gold to a record high of $2,956.15
Crude prices rose from three-year lows, aided by improving sentiment and a weaker dollar
Trump's actions, spurred by Doug Ford's electricity charge threat, unsettled markets and inflation concerns
Supply concerns in Russia boosted prices after Ukraine targeted a major oil refinery in Moscow
The dollar index neared a four-month low, making bullion cheaper for global buyers
