United States

Oil prices slip as traders lock in profits, weekly rise boosted by U.S. rate cut

Brent oil futures, set to expire in November, dropped 0.4 percent to $74.60 per barrel

Fed rate cut puts focus on steady jobs growth, strong economy, inflation progress

Economic outlook is uncertain and the committee is attentive to the risks to both sides of its dual mandate, a statement said

UAE President Sheikh Mohamed to visit U.S. on Monday, further enhance bilateral ties

Sheikh Mohamed will meet with a number of U.S. officials to discuss ways to develop UAE-U.S. relations at all levels

Emirates’ retrofitted Boeing 777s with Premium Economy rolling out to six U.S. cities

These retrofitted Boeing 777 aircraft will operate direct flights to Chicago, Boston, Dallas Fort Worth, and Seattle

Gold rates retreat from all-time high of $2,594.52 after Fed rate cut, UAE prices down

Following the Fed's decision, the dollar fell to its lowest since July 2023 then recovered, rising 0.37 percent to 100.97

Oil prices decline amid concerns over U.S. economic outlook following Fed’s larger-than-expected rate cut

Brent crude futures for November fell by 34 cents, or 0.46 percent, settling at $73.31 a barrel

UAE gold prices down, global rates dip ahead of Fed’s policy rate decision

India's August gold imports surged to $10.06 billion, compared with $3.13 billion in July

UAE’s ‘Invest in the Emirates’ campaign to attract world’s top innovators, talents and entrepreneurs

The campaign will launch in major cities including Cannes, Munich, Paris, London, Zurich, Geneva, and New York

UAE gold prices down, global rates hover near record high on bigger rate cut prospects

Markets are currently pricing in a 69 percent chance of a 50-basis-point cut at the conclusion of the Fed's two-day meeting

Oil prices see modest gains amid rate cut speculations, Hurricane Francine’s supply impact

Brent crude futures set to expire in November climbed 0.2 percent to $72.88 per barrel

Saudi Arabia’s Ma’aden acquires 25.1 percent stake in joint venture for $1.1 billion from U.S.-based Alcoa

Transaction consideration comprises approximately 86 million shares of Ma’aden worth ​$950 million and $150 million in cash