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Economy Middle East Summit
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interest rate
Economy
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
Markets
UAE gold prices decline further, global rates eye largest weekly drop in 8 months
Chinese reserve buying remains a significant tailwind, driving demand and supporting gold prices
Markets
Oil prices hover near multi-month lows, poised for weekly decline on rate hike concerns
Brent crude oil futures for July delivery fell 0.1 percent to $81.31 per barrel
Economy
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
Markets
UAE gold prices slip, global rates continue decline after Monday’s record high
Traders are currently pricing in a 73 percent chance of an interest rate cut in November
Markets
Oil prices dip amid concerns over prolonged high U.S. rates, weaker demand
Brent crude oil futures expiring in July declined 0.7 percent to $81.35 per barrel
Markets
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
Markets
Oil prices continue downward slide amid rising U.S. stockpiles, jitters over interest rate hikes
Brent crude oil futures expiring in July slid 0.6 percent to $82.40 per barrel
Markets
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
Markets
Oil prices dip amid fears on U.S. inflation, higher interest rates dampening demand
Brent crude futures fell 44 cents, or 0.53 percent, to $83.27 a barrel
Markets
UAE gold prices up, global rates hit record high of $2,440.49 on rate cut bets
The dollar index maintained its downward trend, declining 0.03 percent on Monday
Markets
Oil prices edge higher ahead of Fed cues, improving demand
Brent oil futures expiring in July rose 0.3 percent to $84.19 per barrel
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