United States

UAE gold prices down, global rates hover near record high as Mideast tensions persist

Traders are pricing in an 87.7 percent chance of a 25-basis-point cut by the Federal Reserve in November

Oil prices slide amid Middle East tensions, Chinese demand concerns

Brent crude futures for December delivery fell by 19 cents, or 0.3 percent, settling at $74.10 a barrel

Oil prices recover marginally following 7 percent weekly drop on rising Mideast tensions

Data revealed that China's economy grew at the slowest pace since early 2023 in the third quarter, fueling additional demand concerns

Gold prices hit new record high: Global gold prices reach $2,732.76 ahead of U.S. election, UAE rates up

In China, investors are gauging the impact of the latest lending rate cut following reductions to other policy rates last month

Emirates optimizes commercial portfolios to position for global growth

Emirates recently announced new appointments in its commercial team for key markets in the Middle East and Africa

U.S.-UAE Business Council delegation visits Ras Al Khaimah to discuss growing trade, cooperation

Meeting explored ways to further strengthen cooperation and strategic partnerships across key sectors

Lagarde signals shift in ECB strategy with third rate cut in 2024

This marks the first consecutive rate reduction in 13 years

Gold prices set new record high at $2,713.76 as safe-haven demand surges, UAE rates up

As tensions in the Middle East escalated, less than three weeks remained to vote for the next U.S. president

Oil prices steady amid mixed economic signals from China, strong U.S. retail sales data

Brent crude futures had risen by 8 cents, or 0.1 percent, to $74.53 a barrel

Global gold rates near all-time high, UAE prices up ahead of U.S. economic data

The U.S. retail sales and industrial production data for September, as well as weekly jobless claims data, are all due later today

Oil prices modestly recover amid unexpected U.S. inventory draw, Middle East tensions

Brent crude futures for December delivery increased by 0.6 percent to $74.67 per barrel

Abu Dhabi to become world’s second Sphere location after Las Vegas

Las Vegas Sphere welcomed more than 24 million visitors in 2023