inflation

GCC economic growth to rise to 4 percent in 2025 despite trade headwinds: ICAEW

Gradual oil output hikes in the GCC region will generate oil-sector growth of 3.2 percent this year, following two years of contraction

UAE gold prices climb AED1, global rates surpass $3,000 for the first time

Bullion is on track for a second consecutive weekly increase, rising 2.5 percent so far this week

UAE gold prices up AED3, global rates rise on tariff uncertainty

Trump's tariffs may fuel inflation, pushing safe-haven gold to a record high of $2,956.15

Oil prices steady after rising above $70; recession and oversupply fears linger

Crude prices rose from three-year lows, aided by improving sentiment and a weaker dollar

U.S.-Canada trade tensions escalate as Trump boosts, then retracts metal tariffs

Trump's actions, spurred by Doug Ford's electricity charge threat, unsettled markets and inflation concerns

Oil prices climb to $69.92 amid losses; OPEC report and tariff risks in focus

Supply concerns in Russia boosted prices after Ukraine targeted a major oil refinery in Moscow

UAE gold prices fall AED1.75, global rates see uptick as dollar weakens, safe-haven demand rises

The dollar index neared a four-month low, making bullion cheaper for global buyers

Oil prices drop to $68.77, nearing three-year low on tariff fears

West Texas Intermediate crude futures fell by 0.8 percent to $65.15 a barrel

GCC inflation reaches 1.7 percent by end of October 2024, reports GCC-Stat

Annual inflation is driven by housing prices up 6.4 percent, goods and services 3 percent, hotels 1.7 percent

Oman’s inflation rate averaged 1.4 percent between 2021 and 2024

The average GDP growth rate at constant prices was 3.9 percent from 2021 to 2023

Türkiye’s inflation eases to 39.05 percent in February, raising rate cut bets

As inflation continues to decelerate, the central bank is widely expected to deliver another 250 basis-point cut this week

Economic data, ECB rate decision to drive market sentiment this week as U.S. tariffs loom

In GCC markets, investor sentiment could be impacted by concerns over the economic fallout from new U.S. tariffs on China, Canada and Mexico