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UAE gold prices rise, global rates set for weekly gains ahead of U.S. jobs data

The possibility of a 50-basis-point rate cut by the Federal Reserve this month has risen from 34 percent last week to 41 percent

UAE gold prices rise, global rates down as investors await U.S. jobs data

Traders are on the lookout for the ADP employment report and jobless claims data due later in the day

Oil prices gain slightly as OPEC weighs output delay amid falling U.S. stockpiles

Brent crude futures for November rose by 15 cents, or 0.1 percent, to $72.85

UAE gold prices rise, global rates up as market awaits U.S. payrolls data

So far this year, gold prices have gained over 29 percent, rising to a record high of $2,531.60 on August 20

Oil prices decline amid potential return of Libyan supply to the market

Brent Oil Futures fell by 4.9 percent, closing at $73.75 per barrel

Travel industry set to add record $11 trillion to global GDP in 2024

The industry's contribution to global GDP is expected to rise by 12.1 percent year-over-year

UAE approves consolidated financial statistics for 2023 with $39.2 billion government surplusĀ 

Last year, the country attracted a record $30.49 billion in foreign direct investment, ranking second globally

UAE gold prices ease, global rates dip as traders await U.S. economic data

Gold prices may rally if reports signal a weaker economy and the Fed considers a larger rate cut

Oil prices plummet amid China’s economic slowdown, ongoing Libyan supply issues

Brent crude futures had fallen by 37 cents, or 0.48 percent, settling at $77.15 a barrel

UAE gold prices flat, global rates down on smaller Fed rate cut bets

The U.S. personal consumption expenditures (PCE) price index rose 0.2 percent in July, in line with expectations

Oil prices drop as OPEC+ production rises, demand weakens

Brent crude futures dropped by 61 cents, or 0.8 percent, settling at $76.32 a barrel

Global video game market expected to reach $257 billion by 2028: Key trends and insights

Over 25 percent of revenue invested in marketing by companies under $1 billion

UAE Islamic T-sukuk auction draws $1.72 billion in bids, oversubscribing by 5.7 times

This $299.49 million auction is part of the Islamic T-Sukuk issuance program for August 2024

UAE gold prices down, global rates set for monthly gain as focus shifts to U.S. economic data

Gold prices gained almost 3 percent in the last 30 days, marking their second consecutive monthly gain

UAEā€™s AD Ports climbs to 19th place in 2024 global rankings: Report

The port operator expanded to 33 terminals across 8 countries in 2024

Qatar achieves $5.51 billion in trade surplus in July 2024, total exports reach $8.28 billion

Import levels rose by 6.8 percent year-on-year, reaching $2.77 billion

Celebrating Emirati Women’s Day: Visaā€™s ā€˜Sheā€™s Nextā€™ returns to UAE with third edition

The third edition supports women entrepreneurs in publishing, fashion, food, and more over several months

UAE gold prices up, global rates rise as traders await U.S. jobs, inflation data

Traders priced in a 65.5 percent chance of a 25-basis-point cut and a 34.5 percent chance of a bigger 50-basis-point reduction

Oil prices steady amid smaller U.S. inventory draw, Libya’s supply concerns

Brent oil futures for October delivery dipped slightly to $78.62 a barrel

$2.3 trillion crypto market reaches new heights, 95 percent more millionaires: Report

The count of Bitcoin millionaires has surged by 111 percent to reach 85,400

UAE gold prices edge down, global rates dip as market awaits U.S. inflation data

Markets now await the release of the U.S. PCE data, the Federal Reserve's preferred measure of inflation, on Friday

Oil prices rise on strong API data, ongoing supply concerns

Brent crude futures set to expire in October rose by 0.5 percent to $79.92 a barrel

UAE gold prices down, global rates ease on stronger dollar

Traders now see a 70 percent chance of a 25-basis-point rate cut and about a 30 percent chance of a bigger 50-basis-point reduction

Oil prices pause after recent surge amid Middle East tensions, Libyan shutdowns

Brent crude futures declined by 32 cents, or 0.39 percent, to settle at $81.11 per barrel