United States

Oil prices retreat amidst ongoing concerns over Middle East conflict, hurricane impact

Brent crude futures for December delivery dropped 0.6 percent to $80.42 a barrel

UAE, global gold prices ease as bets firm for smaller U.S. rate cut in November

Traders are currently pricing a 95.7 percent chance of a 25-basis-point rate cut in November

Double-digit growth for air cargo continues: IATA

Overall demand, measured by CTKs, increased by 11.4 percent in August 2023, with international operations up 12.4 percent 

UAE, global gold prices rise on safe-haven demand as U.S. payrolls data in focus

The dollar fell 0.1 percent from a month-long high, making gold priced in dollars more affordable for foreign buyers 

Oil prices remain stable as investors assess Middle East tensions, global supply dynamics

Brent crude futures fell by 8 cents, or 0.1 percent, settling at $77.54 a barrel

Etihad, DCT Abu Dhabi ‘stopover’ initiative sees 242 percent surge in travelers

The initiative's relaunch has surpassed expectations and significantly boosted the emirate's tourism industry

Emirates makes touchdown to Lagos, Nigeria

The daily service is strategically scheduled to optimize connections to key locations, enhancing business and leisure travel to and from Nigeria

Saudia signs codeshare agreement with Delta, expands North America network

Saudia passengers will gain access to 12 destinations in the United States beyond Delta’s hubs at JFK and LAX airports

UAE, global gold prices down as investors eye key U.S. economic data, Mideast developments

The dollar index continued its rebound, gaining 0.10 percent to 101.78, and making gold more expensive for other currency holders

Oil prices surge amid fears of Middle East conflict disrupting crude shipments

Brent crude futures climbed by 80 cents, or 1.08 percent, reaching $74.70 a barrel

UAE, global gold prices dip as U.S. dollar index rebounds, Mideast tensions escalate

The U.S. dollar held onto its gains, rising 0.08 percent to 101.28, and making gold more expensive for other currency holders

Oil prices jump as Middle East concerns escalate, OPEC+ prepares for market review

Brent futures climbed by $1, or 1.36 percent, reaching $74.56 per barrel

GCC sovereign wealth funds deploy $55 billion in first 9 months of 2024: Report

The region now has seven active stock exchanges that host 877 listed companies with an aggregate market capitalization of $4.3 trillion

Abu Dhabi’s Masdar expands U.S. portfolio, acquires 50 percent stake in Terra-Gen

Masdar plans to build 100GW of capacity in its global renewable energy portfolio by 2030

Oil prices hold steady amid concerns over Middle East conflicts, sluggish global demand growth

Brent crude futures for December delivery rose by 13 cents, or 0.18 percent, reaching $71.83 a barrel

UAE gold prices decline, global rates rise after Fed’s Powell signals smaller rate cuts

Amid the uncertain global economic and geopolitical landscape, bullion posted its best quarterly gain since 2016 on Monday

Governments allocate nearly $2 trillion in direct clean energy investment since 2020: IEA

This amount is nearly three times the funding committed after the financial crisis of 2007-08

UAE gold prices edge down, global rates fall despite rising Middle East tensions

Market attention turns toward comments from both Fed chair Jerome Powell and Fed governor Michelle Bowman later today

Oil prices rise amid Middle East tensions, upcoming Fed insights on monetary policy

Brent crude futures for November delivery rose by 51 cents, or 0.71 percent, reaching $72.49 a barrel

Six new highlights to look forward to at Expand North Star 2024

The event will be held at Dubai Harbour from October 13 to 16

UAE to enter U.S. Global Entry Program by October 2024, easing travel for Emiratis

UAE and U.S. government authorities will begin to develop and finalize criteria that will lead to the UAE’s full participation in the program

UAE gold prices steady, global rates set for weekly gain on second rate cut bets

Market focus now shifts to the U.S. core personal consumption expenditures price index data due later today

Oil prices decline as Libya and OPEC+ boost output, while China’s stimulus offers support

Brent crude futures decreased by 20 cents, or 0.28 percent, settling at $71.40 per barrel

Saudi Arabia engaging in high-level discussions with SpaceX to boost space exploration, infrastructure development

The meeting is part of the Kingdom's ongoing initiatives to advance its space sector and improve infrastructure