United States

Stocks sink, dollar falls as tariff-induced recession fears shake investor confidence

Nvidia declined 5.91 percent, Apple fell 4.24 percent to $190.42, and Microsoft dipped 2.34 percent to $381.35

Oil prices dip to $63 per barrel as U.S.-China trade war raises demand concerns

Brent is set to fall 4 percent this week, while WTI is set to decline 3.8 percent

Dubai gold prices surge AED7.5 as global rates surpass $3,200

Earlier in the session, Bullion scaled an all-time high of $3,219.73, gaining over 5 percent this week

Abu Dhabi’s Mubadala Energy acquires first stake in U.S. gas, LNG projects

The move enhances the company's growth plans to invest in the global gas value chain.

China consumer prices continue downward trend decline amid intensifying trade war

Country faces economic challenges as consumer prices fall for second month

EU pauses countermeasures against U.S. tariffs

26 EU member states voted to impose countermeasures just before Trump announced a 90-day pause

WTO warns U.S.-China trade tensions could slash global trade by 80 percent, risking 7 percent GDP drop

The preliminary estimate came as Trump raised tariffs on China but paused others for 90 days

Oil prices decline over 1 percent as U.S. ramps up China tariffs

Following the tariff pause for most countries, oil prices settled 4 percent higher on Wednesday

Dubai gold prices surge AED4.25, global rates climb as U.S. raises China tariffs

Gold has increased by more than 18 percent in 2025, driven largely by Trump's tariff plans

EU approves first wave of countermeasures against U.S. tariffs

The European Union will target a range of U.S. imports starting next Tuesday in response to the U.S. tariffs on metals

U.S. energy secretary to visit UAE in first overseas mission as UAE-U.S. energy ties deepen

Visit will focus on expanding cooperation to enable sustainable economic growth and energy innovation across both nations