United States

UAE gold prices climb AED3.5, global rates hit new high on safe-haven demand

Gold prices have set more than 15 records this year and achieve a nearly 19 percent increase year-to-date

SpaceX launches record-breaking 28 Starlink satellites in single mission

Starlink provides high-speed internet access to remote and underserved areas worldwide 

UAE gold prices jump AED1.75, global rates hit record $3,148.88

U.S. economic slowdown and rising inflation could drive gold prices to $3,300 in the next months

Oil prices dip to $74.43 as Trump tariffs loom, OPEC meeting ahead

Traders raised oil's risk premium, anticipating supply disruptions from Trump's actions and policies

Trump to make first foreign trip to Saudi Arabia, UAE and Qatar

Trump also plans to visit Qatar and the UAE during this trip

Oil prices ease to $73.94 but hold near one-month high amid tightening global supply outlook

Both contracts gained over 2 percent so far this week and more than 7 percent since hitting multi-month lows in early March

UAE gold prices gain AED3.75, global rates climb to new high on Trump’s tariff plans

Bullion gained 1.8 percent so far this week, placing it on track for a fourth straight weekly gain

Trump’s announcement of 25% tariffs on foreign auto imports sends markets on a bumpy ride

The new tariffs will apply to vehicles assembled in countries with free-trade agreements with the U.S., such as Canada, Mexico, and South Korea

Oil prices dip to $73.70 on Trump’s auto tariffs despite tighter supply risks

Tariffs that increase vehicle prices may suppress auto sales and, consequently, the demand for oil products

UAE gold prices climb AED2, global rates rise as trade tensions escalate

Gold prices are expected to reach $3,300 per ounce on stronger-than-expected ETF inflows and sustained central bank demand

UAE, U.S. Presidents optimistic about future of bilateral relations following $1.4 trillion deal

Sheikh Mohamed and Trump noted the positive impact this development will have on the future of bilateral relations

Oil prices rise 0.30 percent to near three-week high on supply fears as U.S. stocks drop

American Petroleum Institute data showed that U.S. crude inventories fell by 4.6 million barrels last week