United States

Worldwide PC shipments rise 1.4 percent in Q4 2024, reflecting modest recovery amid AI price challenges

This represents the second consecutive year in which shipment volume has fallen below the 250 million mark 

Bitcoin hits new record high of $109,588 ahead of Trump’s inauguration

In the last year, Bitcoin has surged over 158 percent 

UAE leads five Arab nations in attracting 145 foreign automotive projects worth over $22 billion in 2024

The automotive sector in Arab countries attracted 184 foreign projects valued at more than $25 billion from 2003 to 2024

Davos 2025 kicks off to address key global and regional challenges

Davos 2025 will see the participation of over 350 government leaders, including 60 heads of state and government

TikTok resumes services for 170 million U.S. users after Trump promises executive order

On Saturday evening, the Chinese-owned app stopped working for U.S. users after a national security law took effect

Oil prices up 0.2 percent to $80.91 amid supply concerns, Trump’s inauguration caution

West Texas Intermediate crude futures also rose by 0.2 percent to $77.56 per barrel

UAE gold prices largely steady, global rates rise ahead of Trump’s inauguration

The Federal Reserve will likely hold interest rates steady on January 29

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

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 set for third weekly gain on Fed rate cut bets

Gold rose to its highest since December 12 after several sets of U.S. economic data pressured Treasury yields further

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

Global markets to trade with considerable volatility as Trump takes office: Saxo Bank

Consensus U.S. GDP growth forecasts for 2025 are at +2.1 percent, a rosy forecast given the risks

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

UAE gold prices gain AED0.75, global rates rise ahead of U.S. CPI data

Data on Tuesday showed that U.S. producer prices increased moderately in December

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

The global economy in 2025: Stability amid uncertainty

IMF and OECD estimate that global growth could hit 3.2 to 3.3 percent this year

Halo AI secures $6 million to expand brand creator collaborations beyond Saudi Arabia

The company aims to expand into Dubai and Kuwait, targeting growth in MENA, Europe, and North America

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

IMF forecasts steady global economic growth, continuing disinflation in 2025

Georgieva noted that the U.S. economy is performing "quite a bit better" than anticipated

Global economic growth to remain at 2.8 percent in 2025, says UN

Western Asia's economy is set to strengthen to 3.5 percent in 2025, driven by improved prospects in Saudi Arabia and Türkiye

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