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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
Energy
Oil prices steady after rising above $70; recession and oversupply fears linger
Crude prices rose from three-year lows, aided by improving sentiment and a weaker dollar
Economy
EU countermeasures to Trump’s tariffs effective April 1
Negotiation remains a possibility, as tariffs could burden economies amid geopolitical and economic uncertainties
Technology
NASA launches SPHEREx to unveil secrets of the universe
NASA's new telescope will illuminate galaxy formation and the universe's rapid early expansion
Economy
U.S.-Canada trade tensions escalate as Trump boosts, then retracts metal tariffs
Trump's actions, spurred by Doug Ford's electricity charge threat, unsettled markets and inflation concerns
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