United States

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

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

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

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

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

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" 

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.

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

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

EU countermeasures to Trump’s tariffs effective April 1

Negotiation remains a possibility, as tariffs could burden economies amid geopolitical and economic uncertainties

NASA launches SPHEREx to unveil secrets of the universe

NASA's new telescope will illuminate galaxy formation and the universe's rapid early expansion

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