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Economy Middle East Summit 2025
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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
Energy
Oil prices rise to $65 on U.S. tariff exemptions, China crude demand
Trump is considering changes to the 25 percent tariffs on foreign auto imports from various regions
Markets
Dubai gold prices up AED0.5, global rates firm amid U.S. tariff uncertainty
In Dubai, gold rates achieved remarkable gains, with 24-carat gold rising by AED0.5 to AED389
Industry
Global semiconductor revenue hits $655.9 billion in 2024, up 21 percent YoY
NVIDIA ascended to the No. 1 position, surpassing Samsung Electronics and Intel for the first time
Energy
Oil prices drop to $64.47 as U.S.-China trade war affects global growth outlook
Goldman Sachs expected oil prices to decline through 2026
Markets
Dubai gold prices up AED3.25, global rates retreat post tariff exemptions
Goldman Sachs hiked 2025 gold price target to $3,700/oz
Economy
China consumer prices continue downward trend decline amid intensifying trade war
Country faces economic challenges as consumer prices fall for second month
Economy
EU pauses countermeasures against U.S. tariffs
26 EU member states voted to impose countermeasures just before Trump announced a 90-day pause
Logistics
WTO warns U.S.-China trade tensions could slash global trade by 80 percent, risking 7 percent GDP drop
The preliminary estimate came as Trump raised tariffs on China but paused others for 90 days
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