United States

Fed to hold interest rates steady as Trump calls for lowering borrowing costs

The market is pricing in the possibility that the U.S. central bank will lower borrowing costs twice by the end of this year

Oil prices decline 1.2 percent to $77.59 as Trump’s policies, China’s weak data impact market

Oil markets faced pressure from weak PMI data from China, indicating ongoing struggles in business activity

UAE gold prices dip AED1.5, global rates fall as Fed’s rate decision nears

The U.S. dollar index gained 0.28 percent to 107.74, making bullion less attractive for other currency holders

Alibrahim says Saudi Arabia’s $600 billion pledge to U.S. to include investments, procurement

"What we'll spend in the economy from the start of Vision 2030 to 2030 is 12 times that number," Alibrahim said

The impact of macroeconomic indicators on forex pairs linked to GCC currencies

Explore how regional macroeconomic indicators affect currency pairs involving GCC currencies like the AED and SAR

ChatGPT outage resolved after significant disruption

The recent ChatGPT outage followed the announcement of the $500 billion Stargate project by OpenAI

Davos 2025: Trump promises “the largest tax cut in American history”

Trump added that he would reduce corporate tax from 21 percent to 15 percent

UAE gold prices surge AED3.5, global rates hit 3-month high

The dollar lost over 1 percent this week, recording its worst weekly fall in two months

Oil prices fall 0.6 percent to $77.82 as Trump pushes for lower crude prices, higher U.S. production

West Texas Intermediate crude futures dropped 0.6 percent to $74.21 per barrel

Musk or Ellison: Who will answer Trump’s call for TikTok?

The future of TikTok in the hands of tech titans

EV shipments to grow 17 percent in 2025 with over 50 percent of models being EVs by 2030: Report

U.S. and EU trade restrictions on Chinese EVs may slow CASE adoption in these markets