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    Israelis can trade on DGCX now

    Israelis can trade on DGCX now

    02 May 2021

    The Dubai Gold & Commodities Exchange (DGCX) on Sunday announced that it has received a permit from the Israel Securities Authority (ISA), enabling qualified Israeli corporations who trade on proprietary...

    European stock, Asian shares gain on robust China economic data

    European stock, Asian shares gain on robust China economic data

    16 Apr 2021

    Gulf Today Report  European stock markets climbed on Friday following encouraging economic data from China.    London's benchmark FTSE 100 index climbed 0.3 per cent to 7,006.38 points.   In...

    European stocks, Asian shares dip

    European stocks, Asian shares dip

    09 Apr 2021

    Gulf Today Report  European stocks dropped on Friday but still on track for the longest weekly winning streak since November 2019.   The pan-European STOXX 600 index was flat after...

    Oil prices steady on scrutiny between rising supplies, demand outlook

    Oil prices steady on scrutiny between rising supplies, demand outlook

    09 Apr 2021

    Gulf Today Report  Oil prices remained steady on Friday as investors contemplate between an increase in supply from major producers and the impact on fuel demand from the COVID-19 pandemic....

    UAE and UK launch SIP with £1b investment in life sciences

    UAE and UK launch SIP with £1b investment in life sciences

    24 Mar 2021

    The Department for International Trade and the Prime Minister’s Office’s recently-established UK Office for Investment (OfI) and Abu Dhabi’s Mubadala Investment Company, one of the world’s leading sovereign investors, on...

    Saudi Aramco chief foresees higher oil demand this year

    Saudi Aramco chief foresees higher oil demand this year

    21 Mar 2021

    Saudi Aramco’s Chief Executive expects rising oil demand in 2021, he said on Sunday, citing Chinese demand approaching pre-pandemic levels while vaccines help other economies to open up. “We...

    US Federal Reserve to end relaxed capital requirements for large banks

    US Federal Reserve to end relaxed capital requirements for large banks

    19 Mar 2021

    The Federal Reserve says it will restore capital requirements for large banks that were relaxed as part of the Fed’s efforts to shore up the financial system during the early...

    Stock markets cheer dovish US Fed as bond rumblings return

    Stock markets cheer dovish US Fed as bond rumblings return

    18 Mar 2021

    World share markets edged higher on Thursday after the US Federal Reserve promised to keep its support in place, though another rise in global bond yields and the dollar showed...

    Gold declines due to surge in dollar, Treasury yields

    Gold declines due to surge in dollar, Treasury yields

    12 Feb 2021

    Gulf Today Report  Gold declined on Friday following gains in the dollar and Treasury yields but hope of more US stimulus capped losses. Spot gold dipped 0.2% to $1,822.69...

    IMF cuts Asia’s growth forecast, warns of pandemic-driven risks

    IMF cuts Asia’s growth forecast, warns of pandemic-driven risks

    21 Oct 2020

    The International Monetary Fund (IMF) slashed this year’s economic forecast for Asia, reflecting a sharper-than-expected contraction in countries like India, a sign the coronavirus pandemic continues to take a heavy...

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