Middle East

Global gold prices dip after reaching over one-month high, UAE rates rise

Traders currently expect a 98.6 percent chance that the Fed will cut rates by 25 basis points

Oil prices surge modestly amid China’s stimulus optimism and U.S. economic indicators

Brent crude futures for February delivery ascended by 0.4 percent to $72.47 a barrel

Gold prices fall from two-week high ahead of key U.S. inflation data

Inflation data could help set market expectations for the Fed's 2025 policy

Gold prices rise on China’s pledges for additional policy stimulus

Traders currently see an 89.5 percent chance of a Fed rate cut this month

Oil prices slip as market reacts to China’s stimulus and Middle East instability

Brent oil futures for February delivery decreased by 0.2 percent, settling at $72.00 per barrel

Oil prices rise on Middle East uncertainty despite weaker China demand

The number of oil and gas rigs deployed in the U.S. last week hit the highest since mid-September

Oil prices decline as OPEC+ prolongs supply cuts

Brent crude futures for February delivery fell by 0.4 percent to $71.80 a barrel

Gold prices set for second weekly decline amid rate cut uncertainty

Markets currently see a 70.1 percent chance of a 25-basis-point cut by the Federal Reserve in 12 days

AI in sports forecasted to hit $19.2 billion by 2030: Report

AI expected to generate $8.5 billion for GCC media and entertainment by 2030

Oil prices edge up amid U.S. inventory draw, OPEC+ meeting in view

Brent crude futures, set to expire in February, climbed by 0.1 percent to $72.37 a barrel

Why MENA business leaders must prioritize mental health in their strategy

PwC’s Hopes and Fears report reveals that only 33 percent of employees in the Middle East feel their well-being is a priority at work

Gold prices rise as traders eye Fed Chair’s speech for rate cut clues

Powell is scheduled to speak later in the day, likely marking the last public remarks before the Fed's December meeting

Oil prices fall modestly as U.S. inventories rise, OPEC+ meeting approaches

Brent oil futures for February delivery dipped 0.1 percent to $73.58 a barrel

Oil prices rise ahead of this week’s OPEC+ meeting

The group will likely extend its output cuts until the end of the first quarter of 2025 amid supply concerns

Gold prices rise as traders await Fed’s December rate cut decision

The dollar index was up 0.07 percent to 106.52, reducing gold’s appeal among holders of other currencies

Gold prices decline as Trump’s tariff threat bolsters dollar

In the UAE, gold rates fell by AED3.75, with 24-carat gold priced at AED318.25 and 22-carat gold at AED294.50

Oil prices climb on positive data from China; OPEC meeting on the horizon

Brent crude futures for February increased by 0.3 percent to $72.02 a barrel

Gold prices rise on softer U.S. dollar, set for weekly fall

The dollar index fell 0.14 percent to 105.90, raising gold’s appeal among holders of other currencies

Oil prices face weekly decline amid easing Middle East tensions, anticipation of OPEC+ meeting

Brent crude futures for January fell by 0.1 percent to $73.21 per barrel

EFG Hermes advises on Maarif Education’s landmark acquisition of Ibn Khaldoun Education in Saudi Arabia

This complex transaction stands as one of the most substantial investments to date in Saudi Arabia’s private K-12 education sector

Gold prices fall on stronger dollar

The dollar index was up 0.15 percent to 106.25, reducing gold's appeal among holders of other currencies

Oil prices remain steady amid mixed U.S. inventory data, easing Middle East tensions

January Brent oil futures dipped 0.1 percent to $72.78 a barrel

Gold prices edge up slightly as safe-haven assets gain traction

President-elect Trump threatens new trade tariffs on China, Canada, and Mexico, sparking fears of a trade war