Middle East

UAE gold prices down, global rates decline ahead of U.S. inflation data

U.S. employment data supported gold prices, which rose over 2 percent by the end of last week

Oil prices inch lower on concerns about Chinese imports, U.S. inflation

Brent oil futures expiring in July fell 0.3 percent to $83.53 per barrel

10 MENA IPOs raise $1.2 billion in Q1 2024: Report

UAE's Parkin raised the highest proceeds, contributing 37.2 percent to total proceeds of MENA IPOs

Oil prices rise on strong Chinese demand, weakening U.S. labor market

Brent oil futures, expiring in July, advanced by 0.5 percent to reach $84.33 per barrel

Deflating geopolitical risk premium, hedge fund selling pushes oil to near two-month low: Report

Brent crude should return to the $90 per barrel mark as demand exceeds historic levels this year

Oil prices rise on mixed Chinese trade data, Middle East tensions

Brent oil futures, set to expire in July, saw a 0.4 percent rise to reach $83.93 per barrel

Oil prices slide as U.S. inventories surge, demand weakens

Brent crude oil futures dropped by 30 cents or 0.36 percent, settling at $82.86 per barrel

UAE gold prices inch upwards as global rates decline on geopolitical uncertainty

Gold prices have established a support base around the $2,280 mark over the past week

Oil prices up amidst global tensions, concerns about sluggish demand and reduced supplies

Brent oil futures expiring in July had risen by 0.5 percent to reach $83.73 per barrel

Oil prices inch up as Saudi Arabia increases June crude prices

Brent crude futures rose by 28 cents, or 0.3 percent, reaching $83.24 per barrel

Iraq’s first solar power plant moves forward

To provide clean electricity enough to power 350,000 homes

IHG thrives in the Middle East’s booming travel and tourism market

Leading hospitality brand to open 70 hotels in the region in the next few years