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UAE gold prices edge down, global rates dip as market awaits U.S. inflation data

Markets now await the release of the U.S. PCE data, the Federal Reserve's preferred measure of inflation, on Friday

Oil prices rise on strong API data, ongoing supply concerns

Brent crude futures set to expire in October rose by 0.5 percent to $79.92 a barrel

UAE gold prices down, global rates ease on stronger dollar

Traders now see a 70 percent chance of a 25-basis-point rate cut and about a 30 percent chance of a bigger 50-basis-point reduction

Oil prices pause after recent surge amid Middle East tensions, Libyan shutdowns

Brent crude futures declined by 32 cents, or 0.39 percent, to settle at $81.11 per barrel

Six planets unite in the dawn hours on August 28 – All you need to know

The planets were seen aligned in Abu Dhabi in a 172-degree sky sector on August 23

Top 10 cities captivating social media audiences worldwide, led by Dubai

Dubai has amassed 30 million-plus TikTok videos and 123 million Instagram posts

UAE gold prices down, global rates dip as market awaits September U.S. rate cut

The dollar hovered near its lowest level in 13 months, making gold cheaper for other currency holders

Oil prices climb higher, boosted by geopolitical tensions and expectations of lower U.S. interest rates

Brent oil futures for October delivery advanced 0.8 percent to reach $79.59 per barrel

UAE gold prices decline, global rates set for weekly fall after slipping from record highs

Gold prices fell almost 1 percent this week after hitting a record high on Tuesday

Oil prices flat, headed for bleak weekly performance amid demand concerns

Brent oil futures expiring in October edged up 0.1 percent to $77.26 per barrel

UAE gold prices inch down, global rates dip on stronger U.S. dollar, Fed rate cut outlook

U.S. dollar index broke its four-day losing streak, recording a 0.17 percent increase

Oil prices weaken on U.S. labor data, demand outlook uncertain

Brent oil futures fell 0.1 percent to $75.95 a barrel

Aluminum and iron ore drive Bahrain’s $894.31 million export surge in July 2024

China emerged as the leading import partner, contributing BHD73 million (16 percent) to Bahrain's import basket

Abu Dhabi Chamber sees 23.8 percent year-on-year growth in certificates of origin

This growth underscores the chamber's efforts to boost trade opportunities and enhance the UAE's international trade footprint

UAE’s ADQ, ne’ma join forces to combat food waste from farm to table

ne'ma aims to reduce food loss and waste by 50 percent by 2030, in line with U.N. Sustainable Development Goal 12.3

UAE gold prices down, global rates decline from record high ahead of Fed meeting minutes

Further supporting gold prices, the dollar index declined to its lowest this year, while benchmark 10-year Treasury yields dipped

Oil prices slide on rising U.S. inventories, easing Middle East tensions

Brent crude futures declined by 0.1 percent, settling at $77.11 per barrel

Riyadh Air partners with CONCACAF to connect football fans worldwide

This partnership will boost brand awareness among a large, passionate audience, setting the stage for the 2025 launch

Oil prices retreat as geopolitical concerns ease, demand concerns rise

Brent crude futures dropped 0.7 percent, or 53 cents, to $77.13 per barrel

UAE gold prices steady, global rates down as investors await more rate cut cues

U.S. dollar index fell to a seven-month low in the previous session, further supporting dollar-denominated gold

DMCC seeks to expand UAE-U.S. trade, investment flows across key sectors

DMCC is currently home to over 45 percent of the 1,500 American businesses in the UAE

‘Virtual’ oil barrels dwarf trade in physical oil

Quantitative and algorithmic trading account for 70 percent of daily oil futures trading