United States

Oil prices rebound after recent losses as industry data shows inventory drop, but surplus looms in 2025

Brent oil futures for September delivery rose 0.5 percent to $81.40 per barrel

UAE gold prices decline, global rates down ahead of U.S. economic data release

Gold prices reached a record high of $2,483.60 last week as markets expected a 25-basis-point U.S. interest rate cut by September

Oil prices fall to 1.5-month low amid weak outlook and surplus concerns

Brent oil futures expiring in September fell 0.2 percent to $82.26 a barrel

PureHealth’s Ardent Health successfully concludes IPO on New York Stock Exchange

In September 2022, PureHealth acquired a 26.05 percent equity stake in Ardent Health for $500 million

Global electricity demand to grow 4 percent in 2024, highest rise since 2007: Report

Share of renewable source in global electricity supply is forecast to rise from 30 percent in 2023 to 35 percent in 2025

Oil prices rise as investors look for additional U.S. rate cut cues

China's slower-than-expected economic growth sparked concerns over the country's demand for oil which continues to impact prices

UAE gold prices rise, global rates down as focus shifts to U.S. economic data

Interest rate cut expectations and the political uncertainty in the United States have supported gold prices to their record high

UAE and global gold prices lose luster amid profit-taking, dollar strength

In the UAE, gold prices fell with 24-carat gold inching up to AED293.50 per gram

Oil prices retreat amid doubts about China’s demand outlook, signaling weekly losses

Brent oil futures for September delivery shed 0.5 percent to $84.73 per barrel

UAE gold prices inch up, global rates rise on rate cut hopes

Fed officials noted that the path toward looser monetary policy has become shorter

Oil prices rise amid declining U.S. crude inventories, Fed rate cut expectations

Brent futures, the global oil benchmark, rose 32 cents, or 0.4 percent, to $85.40 per barrel

IMF maintains global GDP growth forecast at 3.2 percent for 2024

For the Middle East and Central Asia, oil production and regional conflicts continue to weigh on prospects

Gold price hits record high of $2,482.29, UAE rates surge

Markets are pricing in a rate cut of at least 25 basis points by the Fed at the September meeting

Oil prices stabilize amid declining U.S. reserves, slower China demand

Brent crude oil futures were down by 4 cents to $83.69 per barrel

UAE gold prices rise, global rates inch up on U.S. interest rate cut optimism

Fed Chair Powell expressed confidence that inflation is returning to the central bank's target of 2 percent

Oil prices dip amidst Chinese economic slowdown, anticipation of Fed interest rate cuts

Brent crude futures fell 21 cents, or 0.25 percent, to $84.64 per barrel

Global LNG trade rises 3.1 percent in 2023 on rising demand: Report

Exports from the three largest global LNG exporters, the U.S, Australia and Qatar, accounted for 60 percent of all LNG exports in 2023

Bitcoin surges to two-week high, rises 3.26 percent to $62,956.60

U.S. ETF launch raised the world's largest cryptocurrency to a record high of $73,803.25 in mid-March

UAE gold prices steady, global rates rise as investors seek rate cut cues from Fed’s Powell

Markets are currently pricing in a 93 percent chance of an interest rate cut in September, according to the CME Fedwatch Tool

Oil prices steady amid strengthening dollar, concerns over weakening demand in China

Brent oil futures for September delivery recorded $85.10 per barrel

Sustainable investments could unlock $2 trillion for GCC countries by 2030: Report

Green finance is surging in the GCC, with over $8.5 billion in green and sustainable bonds and Sukuk issued in 2022

Top summer 2024 travel destinations for UAE residents revealed

Data showed a significant uptick in both domestic and international travel

UAE gold prices surge, global rates set for third weekly gain amid rate cut bets

Gold prices surged above the $2,400 level after data showed unexpected decline in U.S. inflation

Oil prices rise on softer U.S. inflation, summer demand hopes

Brent oil futures for September delivery rose 0.1 percent to $85.52 per barrel