Gold price pushes down to $2,300 threshold after US employment costs rise
The Gold price (XAU/USD) weakens to just above the $2,300 level during the US session on Tuesday, on the back of a positive market mood denting saf ...
Oil prices down on Gaza ceasefire talks, flat on the week
 Oil prices slipped on Friday and were flat on the week as the possibility of a ceasefire in Gaza weakened crude benchmarks, while the war in ...
UAE’s industrial exports surge by 60% to $50bn in 3 years: minister
The UAE’s industrial exports surged by 60 percent over the past three years, amounting to a projected 187 billion dirhams ($50.9 billion), ac ...
US Senate Refuses To Fast-Track TikTok Bill
A bill that would force the sale of TikTok from its Chinese owners or see it banned in the United States will move cautiously in the US Senate, key ...
Oil prices up 3% to 4-month high on US crude stock drop, Russian refinery attacks
Oil prices rose about 3% to a four-month high on Wednesday on a surprise withdrawal in U.S. crude inventories, a bigger-than-expected drop in U.S. ...
Abu Dhabi sets up technology investment company MGX amid AI push
Abu Dhabi has set up a new technology investment company, MGX, to expedite the development of artificial intelligence and other advanced technology ...
Oil prices up as world's top consumers boost demand
Oil prices rose on Friday, driven by growing demand in the United States and China, the world's biggest oil consumers, and as the U.S. Federal Rese ...
Amazon Web Services among firms investing over $10 billion in Saudi Arabian data centers
Saudi Arabia said firms including Amazon Web Services will invest over $10 billion in building data centers in the country as the desert kingdom tr ...
Egypt received $5 bln as 1st batch from Ras El-Hekma deal
A second batch of $5 billion will be received on Friday, Madbouly added in a cabinet meeting on Thursday. Apart from the 35 percent stake i ...
AIJES CEO: Issuing The Gate to business magazine, is the new of AIJES for the year 2024 to strenght investments between France, Gulf states and Middle East
Paris- Jamal Al-Awadi, CEO of the  International Agency for Journalism and Strategic Studies AIJES and Chairman of the Paris Economic ...
European shares slip as miners weigh; investors assess wage data
European shares slipped on Tuesday as metal and mining stocks fell after a cut in China's mortgage rate failed to impress markets, while investors ...
Oil prices climb as Middle East tensions rise more
Rising concerns about conflicts in the Middle East and their impact on crude supplies sent oil prices sharply upward this week, recovering almost a ...
UAE GDP to grow 5.3% in 2024: S&P
UAE real GDP will grow by 5.3 per cent in 2024, compared to 3.4 per cent in 2023, according to credit rating agency S&P Global Ratings. ...
Google calls out spyware firms and advocates for tighter regulation
 Internet giant Google (GOOGL.O), opens new tab on Tuesday called out a series of surveillance software companies that it said were enabling t ...
McDonald's says sales growth will moderate in 2024 amid Mideast tensions
The Chicago burger giant said Monday it expects its same-store sales — or sales at locations open at least a year — to rise 3% to 4% th ...
UN: 40% Drop In Suez Traffic Following Houthi Attacks
The volume of commercial traffic passing through the Suez Canal has fallen more than 40 percent in the last two months after attacks by Yemen&rsquo ...
War, weather put ocean shippers on notice for rough seas in 2024
Recent hostilities in the Red Sea have thrown global shippers of vital goods for a loop - but it is hardly the only issue that big carriers are fac ...
Oil prices gain 3% on supply concerns after oilfield shutdown in Libya
Oil prices climbed about 3% on Wednesday after a disruption at Libya's top oilfield added to fears that tensions in the Middle East could reduce gl ...
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