Russia

IMF projects 3.3 percent global growth in 2025, inflation to fall to 3.5 percent by 2026

Despite the stable global growth forecast, disparities among countries are widening

UAE, Russia sign double taxation avoidance draft agreement to boost economic cooperation

This agreement seeks to establish a stable and investment-friendly tax framework and eliminate tax barriers

Oil prices climb to $81.63, 0.4 percent surge driven by strong Chinese economic data

Crude oil WTI futures expiring in March rose 0.5 percent to $78.24 a barrel

UAE gold prices rise AED1.5, global rates hover near 1-month high

Easing underlying inflation in the U.S. renewed hopes of a less restrictive Fed policy this year

Oil prices rise to $82.35 amid soft U.S. inflation, tightening global supply concerns

Crude oil WTI futures expiring in March rose 0.4 percent to $79.01 a barrel

Oil prices steady at $79.95 amid key U.S. inflation data release

Crude oil WTI futures expiring in March inched up 0.1 percent to $76.45 a barrel

The OPEC+ will face pitfalls of geopolitics, U.S. energy shift in 2025

Since October 2022, the organization has cut crude oil production by 5.8 million barrels per day

UAE gold prices lose AED1.25, global rates rise ahead of U.S. inflation data

The U.S. dollar index fell 0.32 percent to 109.60, remaining near its two-year peak

Oil prices decline to $80.77 from four-month high amid U.S. sanctions on Russian exports

Crude oil WTI futures for March also fell by 0.3 percent, reaching $77.12 per barrel

Oil prices surge to $81.22 due to potential supply disruptions, cold weather

Crude oil WTI Futures expiring in March increased by 1.7 percent, hitting $77.06 a barrel

UAE gold prices fall AED0.75, global rates dip on strong U.S. jobs report

The U.S. dollar index gained 0.17 percent to 109.83, making bullion less attractive for other currency holders

Oil prices rise to $77.41 amid 4 million barrels drop in U.S. inventories

West Texas Intermediate crude futures also rose by 0.5 percent to $73.97 a barrel

BRICS bloc officially welcomes Indonesia as new member

Indonesia joining BRICS enhances collaboration with developing nations based on equality and sustainable development

UAE gold prices up AED3, global rates set for weekly rise on softer dollar

Major central banks will likely increase gold purchases in 2025, further boosting demand for the precious metal

UAE gold prices stable at AED315.15 amid thin year-end trading, set for strong annual gains

22-carat gold stood at AED 292.25, 21-carat gold was priced at AED 283, while 18-carat gold was at AED 242.50

Oil prices rise to $74.51 following Chinese manufacturing data, but set for yearly decline

WTI futures for February delivery also saw a 0.7 percent increase, reaching $71.05 per barrel

UAE gold prices steady, global rates rise as focus shifts to Trump’s incoming administration

Gold prices have risen over 27 percent this year and are set for their best performance since 2010

UAE gold prices rise AED1.25, global rates gain on weaker dollar

The dollar index dipped 0.09 percent to 108.16, making bullion more attractive for other currency holders

BRICS expansion: Nine new partner countries set to join in January 2025

Belarus, Bolivia, Indonesia, Kazakhstan, Cuba, Malaysia, Thailand, Uganda, and Uzbekistan will join BRICS as partner countries

UAE gold prices dip AED1.25, global rates rise on U.S. trade tariff concerns

In the past year, gold prices have gained over 27 percent, positioning bullion for its most successful year since 2010

Crude oil prices edge up 0.4 percent amid supply concerns and demand focus

Brent oil futures for February rose by 0.4 percent to $72.91 a barrel

Oil prices rise 0.4 percent amid U.S. shutdown relief, positive inflation trends

Brent crude futures for February rose by 0.4 percent to $73.20 a barrel

UAE gold prices edge down, global rates recover from one-month low

Expectations of fewer cuts in 2025 pushed gold prices to their lowest since November 18 last week

Crude oil prices face weekly decline of over 2 percent amid Fed’s demand concerns

Brent oil futures set to expire in February slipped 0.5 percent to $72.49 a barrel