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    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...

    Amsterdam displaces London as EU’s top stocks centre after Brexit

    Amsterdam displaces London as EU’s top stocks centre after Brexit

    11 Feb 2021

    Amsterdam has displaced London as Europe’s biggest share trading centre after Britain left the European Union’s single market, and picked up a chunk of UK derivatives business along the...

    US jobless claims fall slightly to 793,000 amid high layoffs

    US jobless claims fall slightly to 793,000 amid high layoffs

    11 Feb 2021

    The number of Americans seeking unemployment benefits fell slightly last week to 793,000, evidence that job cuts remain high despite a substantial decline in new confirmed viral infections. Last...

    Fujairah oil stocks at 21.183 million barrels

    Fujairah oil stocks at 21.183 million barrels

    11 Feb 2021

    The stockpiles of oil products at the Port of Fujairah outside of the Strait of Hormuz in the Arabian Gulf dropped to a two-month low, with some traders forced...

    ADFD awards Dhs53m in financing to Bloom for knowledge economy

    ADFD awards Dhs53m in financing to Bloom for knowledge economy

    11 Feb 2021

    The Abu Dhabi Fund for Development (ADFD) has extended Dhs53 million in financing on preferential terms to Bloom Education, making the company one of the first beneficiaries of the Fund’s...

    Abu Dhabi Ports to drive growth in business through innovation

    Abu Dhabi Ports to drive growth in business through innovation

    11 Feb 2021

    As part of its continued effort to drive the evolution and growth of its business through innovation, Abu Dhabi Ports, part of ADQ - one of the region’s largest...

    Egypt’s annual urban consumer price inflation eases in January

    Egypt’s annual urban consumer price inflation eases in January

    11 Feb 2021

    Egypt’s annual urban consumer price inflation eased to 4.3% in January from 5.4% in December, the official statistics agency CAPMAS said. Month-on-month, the headline indicator fell 0.4%, the same...

    Oil prices fall as hope for demand caps losses

    Oil prices fall as hope for demand caps losses

    11 Feb 2021

    Gulf Today Report  Oil prices inched lower on Thursday giving up some of the recent strong gains on profit-taking and speculation that the market's strength could tempt producers like...

    Gold decline as dollar recovers and softer US inflation data

    Gold decline as dollar recovers and softer US inflation data

    11 Feb 2021

    Gulf Today Report  Gold prices fell on Thursday as the dollar recovers from a two-week decline and US inflation data affects bullion’s appeal. Spot gold fell 0.3% to $1,837.13...

    VIDEO: Islamabad police fire tear gas shells to disperse protesting government employees demanding pay raise

    VIDEO: Islamabad police fire tear gas shells to disperse protesting government employees demanding pay raise

    10 Feb 2021

    Tariq Butt, Correspondent Pakistan police fired tear gas shells to disperse protesting government employees, demanding pay raise, and the agitators hurled stones and bricks on the law enforcers in...

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