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United States
Miscellaneous
SpaceX Dragon capsule safely returns NASA crew after record-breaking mission
The seven-day mission extended due to issues, including a delayed Boeing test flight
Logistics
UAE-U.S. merchandise trade grows 9.47 percent to $34.43 billion in 2024
UAE investments in the U.S. reached approximately $3.7 billion between 2018 and 2023
Markets
UAE gold prices surge AED2.25, global rates climb over $3,000 on tariff fears
Increased geopolitical tensions in the Middle East heightened the demand for safe havens
Energy
Oil prices climb to $71.32 amid Mideast tensions, China’s stimulus
West Texas Intermediate (WTI) crude futures also rose by 0.4 percent to $67.61 per barrel
Logistics
Dubai Chamber of Commerce welcomes 29,000 companies in trading, services in 2024
23,204 new companies launched in real estate and services, marking 8.4 percent annual growth
Logistics
Trump says ‘no intention’ to alleviate steel, aluminum tariffs
The U.S. President said reciprocal duties on U.S. trading partners would be implemented alongside auto tariffs
Energy
Oil prices rise to $71.73 on Red Sea tensions, China’s new plan
West Texas Intermediate (WTI) crude futures jumped 1.8 percent to $68.09 per barrel
Energy
Oil prices rise to $70.35 as Ukraine ceasefire deal prospects diminish
Expectations of lower Russian oil supply in the near term provided some support to oil prices
Markets
UAE gold prices climb AED1, global rates surpass $3,000 for the first time
Bullion is on track for a second consecutive weekly increase, rising 2.5 percent so far this week
Economy
J.P. Morgan cautions on 40 percent U.S. recession risk amid policy uncertainty
Kasman: “Where we stand now is with a heightened concern about the U.S. economy"
Economy
Canada to impose $20.7 billion retaliatory tariffs on U.S.
Canada stands as the largest foreign supplier of steel and aluminum to the U.S.
Markets
UAE gold prices up AED3, global rates rise on tariff uncertainty
Trump's tariffs may fuel inflation, pushing safe-haven gold to a record high of $2,956.15
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