United States

Saudi-U.S. Investment Forum: Aljadaan, Bessent discuss strengthening economic ties

Bilateral trade reached nearly $32 billion in 2024 and included prominent sectors such as machinery, vehicles and pharmaceuticals

Goldman Sachs cuts U.S. recession forecast to 35 percent, raises 2025 GDP growth to 1 percent

The revision follows a landmark agreement between the U.S. and China will lower tariffs for 90 days

Trump’s visit strengthens Saudi Arabia’s position as global hub for digital economy, innovation and space, says Alswaha

Alswaha said the Kingdom’s signing of the Artemis Accords underscores its commitment to the future $2 trillion global space economy

Saudi-U.S. Investment Forum kicks off as Trump lands in Riyadh

Forum seeks to explore new opportunities to further strengthen ties between Saudi Arabia and the U.S., focusing on seven main sectors

Crude oil prices drop to $64.83 amid supply concerns, U.S.-China trade deal

U.S. and China cut tariffs temporarily, boosting markets but leaving uncertainties unresolved.

Dubai gold prices rise AED6.25, global rates hover near over one-week low

U.S. and China announced tariff reductions, boosting global shares and altering market dynamics

U.S. and China ease trade tensions with 90-day deal, tariffs cut by over 100 percent

Tariff news boosted dollar and markets, alleviating economic downturn concerns

Crude oil prices rise to $64.21 as optimistic U.S.-China trade talks ease demand concerns

Chinese Vice Premier He Lifeng said a U.S.-China joint statement would be released on Monday

Dubai 24-carat gold prices fall AED4.5, global rates dip on positive U.S.-China talks

The U.S. and China ended their trade talks on a positive note, with U.S. officials signaling a "deal" to reduce the U.S. trade deficit

“80 percent tariff on China seems right,” says Trump

Since taking office in January, Trump has raised tariffs on imports from China to 145 percent

Oil prices rise to $63.13 ahead of U.S.-China trade talks

Despite signs of easing tensions, analysts cautioned that the recent tariff-driven volatility in the oil market was not over yet