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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Markets
Dubai gold prices up AED10.75, global rates near record high of $3,481
Amid Trump-Fed clash and trade tensions
Logistics
Tariff battles cause Boeing 737 MAX jets to turn back from China
The 737 MAX 8 landed in Guam on Monday after leaving Boeing's Zhoushan center
Energy
Oil prices fall to $66.86 as tariff concerns, economic uncertainty grow
Markets remained nervous about aggressive U.S. tariffs and the ongoing trade war with China
Markets
Dubai gold prices rise AED4.5, global rates reach new record high of $3,384
Amid trade war concerns and weaker dollar
Economy
TikTok could be spared in U.S.-China trade talks as Trump signals possible deal
Trump's remarks underscore a declining appetite for sharply higher tariffs after the market's violent reaction on April 2
Logistics
Japan’s trade surplus with U.S. reaches $63 billion by March end
March 2025 sees Japan's trade surplus rise to $4 billion amid export growth
Banking & Finance
GCC banks positioned to weather economic storms from U.S. trade policies: Report
New S&P report highlights GCC banks' solid strategies in volatile markets
Markets
Oil prices edge lower to $64.49 as IEA warns of slowing demand growth
U.S. West Texas Intermediate crude fell by 16 cents, also down 0.3 percent, to $61.17
Markets
Dubai gold prices up AED5.25, global rates reach new high amid trade worries
The dollar index fell 0.4 percent, making gold more attractive to foreign currency holders
Markets
Apple regains top position: Shares rise amid tariff relief, market value surpasses $3 trillion
Trump announced lately that phones, computers, and chips would be exempt from the new tariffs
Energy
OPEC, IEA slash global oil demand growth forecast amid trade tensions
The IEA revised global oil demand up by 730,000 bpd, down from 1.03 million
Markets
U.S. stocks rise on tariff exemptions, Asia shares gain amid auto industry boost
The White House announced recently exemptions for smartphones and computers from new tariffs
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