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Economy Middle East Summit 2025
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Gold Rate
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United States
Markets
Dubai gold prices up AED3.25, global rates retreat post tariff exemptions
Goldman Sachs hiked 2025 gold price target to $3,700/oz
Economy
UAE President, U.S. energy secretary reaffirm commitment to strengthening global energy security
Sheikh Mohamed reaffirmed the UAE’s commitment to deepening its longstanding and constructive partnership with the U.S.
Markets
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
Energy
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
Markets
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
Banking & Finance
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.
Economy
U.S. inflation slows sharply in March marking first monthly drop since May 2020
Prices fell by 0.1 percent compared to the previous month
Economy
China consumer prices continue downward trend decline amid intensifying trade war
Country faces economic challenges as consumer prices fall for second month
Economy
EU pauses countermeasures against U.S. tariffs
26 EU member states voted to impose countermeasures just before Trump announced a 90-day pause
Logistics
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
Energy
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
Markets
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
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