Gold rate: Will prices rise this week?

Gold rate: Will prices rise this week?

Gold has been supported by weakness in the dollar after inflation data this week sided with rate-cut expectations

UAE and Malaysia sign MoU to collaborate in AI and tech sector Image courtesy WAM

UAE, Malaysia ink agreement to collaborate on AI, tech

The partnership will leverage AI and advanced data analytics to enhance national security, community safety, and operational efficiencies across both nations

Qatar's trade surplus narrows to QR57.7bn in Q3 2024

Qatar’s trade surplus narrows to QR57.7bn in Q3 2024

While the trade surplus narrowed year-on-year, the growth in exports compared to the previous quarter highlights a resilient trade environment

UAE to expand comprehensive economic partnership agreements (CEPA) in 2025 Image for illustrative purposes

UAE to expand CEPAs in 2025

Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, highlighted that the UAE’s CEPAs programme is designed to expand the country’s commercial and investment partnerships worldwide

gold prices Dec 23 -Image-Getty-Images

Gold prices hold steady in thin trading

In India, gold’s demand remained subdued last week as volatile prices prompted potential buyers to delay purchases, while higher rates in China are expected to potentially offset seasonal demand

Global trade expected to hit $33tn in 2024- UNCTAD report

Global trade expected to hit $33tn in 2024: UNCTAD

Developed economies led the charge in the third quarter, posting a 3 per cent rise in imports and 2 per cent growth in exports, indicating their stronger position in the global trade landscape

How the UK can aid the GCC to harness EdTech for inclusive learning

The UK’s cutting-edge solutions make it an ideal partner for the GCC countries in advancing inclusive and innovative education initiatives

Abu Dhabi Catalyst Partners, Investindustrial partner to drive regional growth

Abu Dhabi Catalyst Partners, Investindustrial partner to drive regional growth

The strategic partnership between ADCP and Investindustrial aligns with the UAE’s goals to foster innovation, attract foreign investment, and boost job creation within ADGM

UAE-Brazil Business Council inaugurates in São Paulo

UAE-Brazil Business Council inaugurates in São Paulo

The UAE-Brazil Business Council stands as a pivotal platform for ongoing cooperation, with an ambitious agenda to enhance trade and investment, and support long-term economic partnerships

Putin: BRICS infrastructure enough for cross-border payments

Before the summit, Russia outlined an alternative payment system in national BRICS currencies that would include a new messaging system

UAE, Serbia strengthen economic partnership, exchange CEPA

UAE, Serbia strengthen economic partnership, exchange CEPA

This agreement is poised to deepen trade ties and investment opportunities, focusing on priority industries, creating jobs, and bolstering supply chains

UAE reaches trade deal with New Zealand to boost exports, investment

UAE strikes CEPA deal with New Zealand to boost exports, investment

The trade agreement will remove tariffs on about 98.5 per cent of New Zealand’s exports immediately upon implementation

UAE President to begin state visit to US on Sept 23

UAE President to begin state visit to US on Sept 23

The UAE-US relationship, which spans more than five decades, is marked by robust economic ties, with bilateral trade reaching $31.4bn in 2023

Rorix Holdings, Adani Ports ink MoU, target commodities market ecosystem

Rorix Holdings, Adani Ports ink MoU, target commodities market ecosystem

The partnership aims to enhance transparency, efficiency and security within the commodities market, benefitting stakeholders across the globe

UAE, China look to strengthen comprehensive strategic partnership

UAE President Sheikh Mohamed bin Zayed Al Nahyan and Chinese Premier Li Qiang met this week to discuss economic, political, and cultural cooperation between the nations

PHILADELPHIA, PENNSYLVANIA - SEPTEMBER 10: Republican presidential nominee, former U.S. President Donald Trump and Democratic presidential nominee, U.S. Vice President Kamala Harris debate for the first time during the presidential election campaign at The National Constitution Center on September 10, 2024 in Philadelphia, Pennsylvania. After earning the Democratic Party nomination following President Joe Biden's decision to leave the race, Harris faced off with Trump in what may be the only debate of the 2024 race for the White House. (Photo by Win McNamee/Getty Images)

Kamala Harris and Donald Trump spar in combative debate

In a boost to the Democratic Party’s campaign, Taylor Swift backed Kamala Harris for the US President

Sheikh Khaled bin Mohammed bin Zayed Al Nahyan, Crown prince of abu Dhabi arrives in New Delhi Image WAM

Abu Dhabi Crown Prince arrives in India on state visit

The Crown Prince is accompanied by a high-level delegation including ministers, senior officials and business leaders

Global trade continues recovery in q3 2024 image for illustrative purposes Photo-courtesy-WAM

Global goods trade continues recovery in Q3 2024: WTO

Quarter-on-quarter trade growth averaged 0.7 per cent over the last two quarters, which translates to an annualised rate of 2.7 per cent

Saudi Arabia’s non-oil exports rise by 10.5% in Q2 2024

Saudi Arabia’s non-oil exports rise 10.5% in Q2 2024

National non-oil exports, excluding re-exports, grew by 1.4 per cent in Q2 2024, while the value of re-exported goods surged by 39.1 per cent over the same period

Chinese firms see dubai as an ideal launchpad for businesses Getty Images-1417041621

Why Chinese firms view Dubai as a launchpad for global growth

The Dubai Business Forum – China aims to further bolster cooperation between Dubai and Chinese public and private sector entities

ADQ to buy minority stake in Sotheby’s

Abu Dhabi’s ADQ to acquire minority stake in Sotheby’s

The deal, valued at approximately $1bn, marks a significant partnership aimed at supporting Sotheby’s growth and innovation plans

Dr. Thani bin Ahmed Al Zeyoudi named chairman of rorix holdings image: Supplied

Dr Thani bin Ahmed Al Zeyoudi to chair IHC’s Rorix Holdings

The newly formed global trading and trade facilitation company will cover trade finance, consulting, commodities exchange and trade insurance

IHC launches Rorix Holdings GettyImages-1278411757

IHC’s new firm Rorix Holdings to accelerate trade

The new company will provide comprehensive services and advanced solutions designed to accelerate trade volumes, attract foreign investment, and promote economic partnerships

UAE-CHILE-X

UAE, Chile sign comprehensive economic partnership agreement

Non-oil trade between the UAE and Chile reached $306m in 2023 with both countries aiming to triple this figure by the end of 2030

GCC_Turkey

GCC countries to begin free trade pact negotiations with Turkey

The talks, if successful, would create one of the world’s largest free trade areas worth $2.4tn

e-commerce

Saudi Arabia joins global e-commerce agreement

The agreement mandates the digitalisation of customs documents and processes, the recognition of electronic documents and signatures, and legal safeguards against online fraud

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UAE, Morocco finalise comprehensive free trade agreement

The UAE’s CEPA programme aims to increase the country’s non-oil foreign trade to Dhs4tn by expanding relations with strategically important markets around the world

India’s duty cut halts silver, platinum imports from UAE

India’s duty cut halts concessionary silver, platinum imports from UAE

The world’s second-biggest bullion consumer slashed import duties on gold and silver to 6 per cent from 15 per cent

UAE EU trade talks Middle east

UAE hopes to reactivate trade talks with EU this year

The UAE has long advocated deeper EU involvement in the region

India further tighthens rice shipments -Getty Images-653903198

GCC food market to benefit as India plans to ease rice export curbs

New Delhi exports more than 4 million metric tons of premium long-grain rice to countries such as Iraq, Saudi Arabia, the UAE and the US