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The report also noted that the Federal Reserve is expected to keep interest rates on hold for now, awaiting greater clarity on the evolving global tariff landscape and fiscal developments ...
In Abu Dhabi, the index gained 0.7%, with Abu Dhabi Commercial Bank jumping 7.6%, its biggest intraday rise since April 2020.
Major stock markets in the Gulf fell in early trade on Monday amid fresh U.S. tariff threats, although the losses were limited as investors are accustomed to President Donald Trump's policy swings.
The US dollar is used by governments and investors around the world for trade and as a safe asset. Jacobin asked economist ...
BP Flags Hit From Lower Oil, Gas Prices But Expects Production Rebound BP warned lower oil and gas prices would hit its second-quarter performance, but said it expects higher upstream production and a ...
The answer is no, but the reason has little to do with the tariffs.
CEEMEA issuers have sold $179.6bn-equivalent of public, benchmark sized dollar or euro bonds on the international market this ...
Crude oil shook off early negative reaction to the bigger than expected OPEC+ output increase to settle higher, as OPEC's ...
July 7 (UPI) -- The AI company Groq announced Monday it is set to establish its first-ever European data center. It already ...
OPEC+ is pushing barrels into a market that is widely expected to be oversupplied later in the year. Brent oil futures have ...
BRICS, the developing world's stand-in to the G-7 grouping. was expanded at the Kazan Summit, last year. Post expansion, Indonesia, Iran, Egypt, Ethiopia, Saudi Arabia and the UAE have joined the ...
Major stock markets in the Gulf rose in early trade on Thursday, as the non-oil private sector showed steady growth, while investors also awaited a U.S. job report for clues on how soon the Federal ...