Middle East

UAE gold prices decline as Middle East tensions ease, global rates drop

Bullion loses safe-haven appeal amidst reduced geopolitical risks

UAE gold prices rise as global rates inch closer to all-time high on escalating geopolitical tensions

Market analysts referred to gold as a geopolitical trade rather than a monetary policy trade at the moment

Oil prices soar $3 per barrel amid concerns of supply disruptions 

Brent futures rose by $2.63, reaching $89.74 per barrel

UAE gold prices decline as geopolitical uncertainty boosts bullion’s global appeal

Gold maintains safe-haven appeal despite Federal Reserve's stance on rates

Oil prices stabilize after steep declines amid U.S. rate hike fears, Venezuela sanctions

Venezuela's oil exports had grown 12 percent in 2023 to 700,000 bpd after the easing of some U.S. sanctions

IMF raises global growth forecast to 3.2 percent, lifts outlook for UAE, Saudi Arabia

The 2024 figure represents a 0.1 percentage point increase from the previous World Economic Outlook report in January

UAE gold prices remain stable as global rates surge on Middle East tensions

Central bank buying and geopolitical tensions drive gold's rally near record-high

Oil prices climb on China’s economic growth, Middle East tensions

Brent crude futures for June delivery gained 48 cents, or 0.5 percent, settling at $90.58 per barrel

World Bank raises forecast for UAE’s real GDP growth to 3.9 percent in 2024; 4.1 percent in 2025

The report indicates the UAE's current account surplus is expected to reach 8.4 percent in 2024 and 8.3 percent in 2025

UAE gold rate surges amid rising Middle East tensions as global prices ease after hitting new high

Gold prices increased to an all-time high of $2,431.29 on Friday, gaining over 14 percent this year

Oil prices fluctuate amid Middle East tensions, but analysts see limited impact on supply

Brent crude futures for June delivery fell 23 cents, or 0.2 percent, to $90.22 per barrel

Visa’s CEMEA President Andrew Torre on getting ready for the next wave of digital disruption

Businesses need to be agile, adapt their strategies and invest in digital infrastructure

Digital asset custody transforming financial services in the Middle East

It offers a secure and streamlined approach to the storage and management of digital assets

Middle East travel market set to boom as tourists loosen purse strings

Indian tourists’ greater spending potential, surge in Gen X travelers set to buoy tourism

Banking beyond borders: How technology is bridging the gap for the financially excluded

Harnessing data analytics, machine learning and AI to empower underserved communities

Bain & Company on hitting sustainability goals, overcoming challenges and leveraging opportunities

70 percent of MENA organizations have clear targets, Bain & Company Middle East reveals

Oil prices break free from tight range as geopolitical risk rises

OPEC sees demand growing by 2.25 million barrels per day in 2024

Global gold prices continue record surge to $2,353.79, UAE rates climb

Gold prices remained undeterred despite the robust U.S. job growth in March

Oil prices decline as Middle East tensions ease: Brent crude falls below $90

Investors await consumer price index data from U.S. and China later this week

Oil prices surge above $90, reaching highest level since October

The rise in prices is fueled by geopolitical tension and supply concerns