United States

Global gold prices hit new all-time high of $2,570.15 on U.S. dollar weakness

The dollar fell to a one-week low, making gold less expensive for other currency holders

Oil prices soar amid hurricane Francine disruptions, ending weekly decline despite demand concerns

Brent crude futures climbed by 34 cents, or 0.5 percent, reaching $72.31 per barrel

European Central Bank lowers interest rates again as inflation declines

The ECB's meeting precedes the Federal Reserve, which appears ready to start its own rate cuts

Dubai’s dnata wins contract with Royal Jordanian at New York JFK

dnata's team aims to enhance the travel experience for 125,000 passengers on Royal Jordanian’s 360 annual flights 

Abu Dhabi’s Hub71 welcomes 21 startups with $134.9 million in funding

Seven startups will join Hub71+ ClimateTech, gaining tailored resources for their sustainability missions

UAE gold prices up, global rates rise as investors eye additional U.S. economic data

U.S. central bank will likely start cutting interest rates next week with traders raising bets for a 25-basis-point cut to 87 percent

Oil prices surge amid hurricane Francine concerns, yet demand worries temper gains

Brent crude futures for November rose by 40 cents, or 0.6 percent, reaching $71.01 per barrel

UAE gold prices rise, global rates near $2,520 ahead of U.S. CPI data

Traders expect the CPI report to show that inflation is nearing the Fed's 2 percent target

Oil prices rebound as tropical storm Francine raises concerns over supply disruptions amidst mixed demand signals

Brent crude futures increased by 39 cents, or 0.6 percent, reaching $69.58 a barrel

Crypto fraud losses surge to over $5.6 billion in 2023, 45 percent increase from 2022: Report

Scammers have increasingly taken advantage of the swift and irreversible characteristics of digital asset transactions, says FBI

Electric air taxis in UAE: U.S.-based Joby applies to become certified operator

In February 2024, Joby signed a definitive agreement with Dubai’s RTA to launch air taxi services in the emirate

Oil prices face pressure from sluggish Chinese demand, anticipated supply challenges from tropical storm Francine

Brent crude futures fell by 4 cents, or 0.06 percent, settling at $72.80 a barrel