United States

UAE gold prices edge down, global rates fall despite rising Middle East tensions

Market attention turns toward comments from both Fed chair Jerome Powell and Fed governor Michelle Bowman later today

Oil prices rise amid Middle East tensions, upcoming Fed insights on monetary policy

Brent crude futures for November delivery rose by 51 cents, or 0.71 percent, reaching $72.49 a barrel

Six new highlights to look forward to at Expand North Star 2024

The event will be held at Dubai Harbour from October 13 to 16

UAE to enter U.S. Global Entry Program by October 2024, easing travel for Emiratis

UAE and U.S. government authorities will begin to develop and finalize criteria that will lead to the UAE’s full participation in the program

UAE gold prices steady, global rates set for weekly gain on second rate cut bets

Market focus now shifts to the U.S. core personal consumption expenditures price index data due later today

Oil prices decline as Libya and OPEC+ boost output, while China’s stimulus offers support

Brent crude futures decreased by 20 cents, or 0.28 percent, settling at $71.40 per barrel

Saudi Arabia engaging in high-level discussions with SpaceX to boost space exploration, infrastructure development

The meeting is part of the Kingdom's ongoing initiatives to advance its space sector and improve infrastructure

‘Invest in the Emirates’ campaign goes global, seeks to generate over 200 million impressions

Campaign’s reach also extended to major airports in Zurich, Geneva, Munich, New York and Heathrow

Uber, China’s WeRide partner to bring robotaxi services to UAE

Companies to launch the robotaxi service first in Abu Dhabi later this year

Qatar becomes first Gulf country to join U.S. Visa Waiver Program

Citizens and nationals of Qatar can now apply to travel to the U.S. for up to 90 days without obtaining a visa

Oil prices steady amid Libyan production hopes, strong U.S. demand

Brent oil futures for November rose by 0.1 percent to $73.51 per barrel

UAE gold prices up, global rates hover near all-time high ahead of Fed chair Powell’s comments

Market awaits Federal chair Jerome Powell's remarks due later in the day, along with U.S. inflation data due on Friday