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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Markets
UAE gold prices drop AED2.75, global rates set for weekly dip ahead of key U.S. data
Gold prices have lost around 2 percent so far this week
Energy
Crude oil prices face weekly decline of over 2 percent amid Fed’s demand concerns
Brent oil futures set to expire in February slipped 0.5 percent to $72.49 a barrel
Markets
Bitcoin trades near $100,000 after Powell says “we’re not allowed to own Bitcoin”
In the last week, the world's largest cryptocurrency lost 0.10 percent of its value
Markets
UAE gold prices fall AED5, global rates dip following Fed rate cut
Investor sentiment was impacted after the central bank signaled fewer rate cuts next year
Energy
Crude oil prices fall 0.6 percent following Fed’s 0.25 basis point rate cut
Brent oil futures for February delivery decreased by 0.5 percent to $73.02 per barrel
Logistics
Abu Dhabi, United States strengthen trade ties under new agreement
Partnership marks a significant milestone in facilitating the import and export of raw materials, services and technology
Energy
Crude oil prices show little movement ahead of Fed meeting
Brent oil futures for February delivery held steady at $73.20 a barrel
Markets
UAE, global gold prices show minimal movement ahead of Fed meeting
Gold consolidated between $2,600 and $2,700 as traders bought dollars before key central bank meetings
Energy
Crude oil prices fall ahead of Fed meeting amid weak Chinese economic data
Brent Oil Futures decreased by 0.2 percent, settling at $73.81 per barrel
Markets
Bitcoin surges to record high $106,533 on U.S. strategic reserve plans
Since the November 5 election, Bitcoin has surged more than 50 percent
Energy
Crude oil prices dip amid cautious market sentiment and Fed meeting
Brent Oil Futures expiring in February fell 0.3 percent to $74.28 a barrel
Markets
UAE, global gold prices rise ahead of Fed meeting
Traders are pricing a 93.4 percent chance of a quarter-point cut during the Fed's December 17-18 meeting
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