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Economy Middle East Summit 2025
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Economy
Egypt’s foreign currency reserves to surge by $16.2 billion in FY24/25: Report
The report forecasts a growth rate of 4.30 percent for the Egyptian economy in 2025/2026
Markets
UAE gold prices up as global rates rise despite strong dollar
Currently, markets are pricing a 67 percent chance of a U.S. interest rate cut in September
Markets
Oil prices edge up on prospects of OPEC+ maintaining output cuts
OPEC+ is likely to extend its voluntary oil output cuts of 2.2 million barrels per day beyond June
Markets
UAE gold prices rise as global rates inch up ahead of key U.S. payroll data
Diminishing geopolitical concerns and a reevaluation of interest rate expectations impact bullion
Markets
Oil prices rally as U.S. crude inventories surge, Fed maintains interest rate
Surprise increase in U.S. crude inventories and prospects of a ceasefire in the Middle East add downward pressure on prices
Markets
UAE gold prices rise, global rates slip as Fed keeps rates unchanged
Powell's assurance that further rate hikes were off the table will help bullion
Markets
Bitcoin price slides to $57,103.10 ahead of Fed meeting
Investor sentiment remains cautious ahead of the interest rate decision by the U.S. Federal Reserve
Markets
UAE gold prices decline, global rates marginally rise ahead of Fed’s policy decision
Gold prices have declined more than $140 after reaching a record high of $2,431.29 on April 12
Markets
Oil prices dip ahead of Fed meeting as supply disruptions cool
Market expectations for any rate cuts have been pushed out, which could boost the U.S. dollar and potentially dampen oil demand and prices
Markets
UAE gold prices dip as global rates decline ahead of U.S. Fed meeting
Gold lost 2.2 percent last week amidst easing tensions in the Middle East
Markets
UAE gold prices decline, global rates dip as hope for early rate cuts diminishes
Gold could capitalize on potential downturns in U.S. macroeconomic data in the coming quarters
Markets
UAE gold prices rise as global rates increase ahead of key U.S. inflation data
Despite the increase, gold prices were down around 2.3 percent, their biggest weekly drop since early December
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