inflation

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

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

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

Key factors influencing gold, crude oil performance in H1 2024

From economic signals to policies and developments in the Fed

Elevating Türkiye’s investment appeal

Country’s trade volume with UAE, an important economic partner, hit $20 billion in 2023

UAE gold prices surge, global rates at two-week high on Fed rate cut bets

Lower dollar index and U.S. Treasury bond yields support bullion's rise

Arab economies projected to grow by 3.3 percent in 2024 as inflation declines: Report

The inflation rate in its 22 member states is expected to decline to 3.3 percent this year, compared to 9.3 percent in 2023

UAE gold prices rise, global rates decline as traders await U.S. economic data

Signs of decline in the upcoming U.S. jobs data could support gold prices in the short term

Türkiye’s soaring 75.45 percent inflation rate reaches peak in May, Central Bank expects slowdown

Inflation would start to decelerate in June after reaching its maximum in May, Central Bank governor said

Türkiye’s robust domestic demand drives 5.7 percent Q1 2024 growth

The country is heading towards more balanced and sustainable growth this year, says Finance Minister

UAE gold prices rise, global rates fall as U.S. economy growth slows in Q1, inflation data awaited

U.S. economy grew 1.3 percent in Q1 of 2024, significantly slower than 3.4 percent in Q4 of 2023

UAE gold prices dip, global rates decline on stronger dollar ahead of key economic data

First-quarter GDP data expected to reveal resilience in the U.S. economy, impacting rate cut expectations

UAE gold prices rise, global rates dip as traders reduce rate cut expectations

Fed officials say the central bank needs to wait for significant progress on inflation before cutting interest rates

Saudi Arabia’s non-oil sector projected to grow 4.8 percent in 2024, 5.2 percent in 2025: Report

The Kingdom's GDP is expected to expand by 2.3 percent in 2024 and accelerate to 5.8 percent in 2025, the report said

UAE gold prices decline, global rates rise as focus shifts to U.S. inflation data

Strong dollar, possible interest rate hikes are major risks to gold prices

Oil prices maintain stability following recovery from 3-month low, investors await inflation data

Brent crude oil futures expiring in July edged 0.1 percent lower to $83.04 per barrel

UAE gold prices rise, global rates recover from 2-week low ahead of U.S. inflation data

Gold prices achieved a record high of $2,449.89 but have since lost over $100

Oil prices bounce back slightly as traders eye U.S. inflation report, upcoming OPEC+ meeting

Brent oil futures for July delivery gained 0.1 percent to $82.22 per barrel

Egypt’s Central Bank maintains key rates, cites easing inflation

The CBE's overnight deposit rate, overnight lending rate, and main operation rate will remain unchanged

Türkiye holds interest rates steady at 50 percent amid persistent inflationary pressures

The country's annual inflation rate rose from 68.5 percent in March to 69.8 percent in April

UAE gold prices dip, global rates down ahead of Fed meeting minutes

Gold prices held above the $2,400 key level ahead of potential interest rate cuts later this year

Qatar’s real GDP to gradually pick up to 1.75 percent in 2024-2025: IMF

Qatar's medium-term outlook is more favorable with the IMF expecting growth to reach close to 4.5 percent

UAE gold prices slip, global rates decline from record high on stronger dollar

The dollar index rose 0.1 percent, making greenback-priced bullion less attractive to holders of other currencies