United States

Etihad Airways boosts flights to Jaipur to 10 a week on surging demand

Etihad will operate the Jaipur flights using aircraft from the Airbus A320 family

Oil prices dip amid strong U.S. inflation data, yet remain on track for weekly gains due to Middle East tensions

Brent crude futures for December delivery dropped 0.5 percent to $78.98 a barrel

UAE, global gold prices rise as U.S. inflation data supports November rate cut

Market focus now shifts to U.S. Producer Price Index (PPI) report due today

Outstanding global sukuk up 8.5 percent to $900 billion in Q3 2024, says Fitch

Fitch expects rates to reach 4.5 percent at the end of 2024 and 3.5 percent at the end of 2025, boosting Q4 and 2025's issuance activity

UAE gold prices down, global rates inch up ahead of key U.S. inflation data

Traders are currently pricing an 84.7 percent chance of a 25-basis-point cut in November

Oil prices rise after two-day decline amid Middle East tensions, expected Chinese stimulus

Brent crude futures for December delivery climbed 0.4 percent to $76.89 a barrel

Are the BRICS gearing up to challenge the petrodollar?

De-dollarization gained momentum after the UAE and Saudi Arabia were invited to join the intergovernmental organization

How Alef Education shapes the future of learning in MENA

EdTech company’s innovative products include Alef Platform, Arabits, and Alef AI Tutor

UAE, global gold prices dip as dollar surges ahead of Fed’s meeting minutes

U.S. dollar index rose 0.06 percent to 102.61 earlier in the session, inching closer to the seven-week high it recorded last week

Oil prices rebound as market reacts to U.S. inventory surge, Middle East tensions ease

Brent crude futures for December delivery climbed 0.6 percent to $77.63 per barrel

UAE gold prices flat, global rates dip as traders eye Fed’s latest meeting minutes, economic data

Investor focus now shifts to the Fed's latest policy meeting minutes due on Wednesday and inflation data due on Friday

Oil prices retreat amidst ongoing concerns over Middle East conflict, hurricane impact

Brent crude futures for December delivery dropped 0.6 percent to $80.42 a barrel

UAE, global gold prices ease as bets firm for smaller U.S. rate cut in November

Traders are currently pricing a 95.7 percent chance of a 25-basis-point rate cut in November

Double-digit growth for air cargo continues: IATA

Overall demand, measured by CTKs, increased by 11.4 percent in August 2023, with international operations up 12.4 percent 

UAE, global gold prices rise on safe-haven demand as U.S. payrolls data in focus

The dollar fell 0.1 percent from a month-long high, making gold priced in dollars more affordable for foreign buyers 

Oil prices remain stable as investors assess Middle East tensions, global supply dynamics

Brent crude futures fell by 8 cents, or 0.1 percent, settling at $77.54 a barrel

Emirates makes touchdown to Lagos, Nigeria

The daily service is strategically scheduled to optimize connections to key locations, enhancing business and leisure travel to and from Nigeria

Saudia signs codeshare agreement with Delta, expands North America network

Saudia passengers will gain access to 12 destinations in the United States beyond Delta’s hubs at JFK and LAX airports

UAE, global gold prices down as investors eye key U.S. economic data, Mideast developments

The dollar index continued its rebound, gaining 0.10 percent to 101.78, and making gold more expensive for other currency holders

Oil prices surge amid fears of Middle East conflict disrupting crude shipments

Brent crude futures climbed by 80 cents, or 1.08 percent, reaching $74.70 a barrel

UAE, global gold prices dip as U.S. dollar index rebounds, Mideast tensions escalate

The U.S. dollar held onto its gains, rising 0.08 percent to 101.28, and making gold more expensive for other currency holders

Oil prices jump as Middle East concerns escalate, OPEC+ prepares for market review

Brent futures climbed by $1, or 1.36 percent, reaching $74.56 per barrel