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A remarkable growth in bilateral trade and tourism between the UAE and Malaysia is an indicator of huge economic potential, the King of Malaysia told Emirates News Agency (WAM) in an interview.
Brent crude futures declined 25 cents, or 0.5%, to $51.04 a barrel while US West Texas Intermediate (WTI) crude futures slipped 19 cents, or 0.4%, to $48.04 a barrel.
The NSE Nifty 50 index was up 0.68% at 13,842.45 by 04:47 GMT, while the S&P BSE Sensex was 0.61% higher at 47,261.09.
Spot gold was up 0.1% at $1,854.51 per ounce by 05:37 GMT, after hitting its highest since Dec. 9 at $1,858.13. US gold futures rose 0.2% to $1,859.60.
Brent crude futures fell 11 cents, or 0.2%, to $50.65 a barrel at 04:21 GMT, while US West Texas Intermediate (WTI) crude futures fell 9 cents, or 0.2%, to $47.53 a barrel.
According to the National Statistics, the UK’s Consumers Prices Index reduced by 0.3 per cent in November from 0.7 per cent in October.
The Abu Dhabi Securities Exchange (ADX) and Tel Aviv Stock Exchange (TASE) on Wednesda signed a memorandum of understanding (MoU), the first time an Arab exchange has entered into a commercial relationship with the state of Israel.
Spot gold advanced 0.3% to $1,876.75 per ounce by 05:18 GMT, having risen as much as 1% in the previous session. US gold futures climbed 0.1% to $1,878.90.
Brent crude futures rose 38 cents, or 0.7%, to $51.58 a barrel by 05:30 GMT while US West Texas Intermediate (WTI) crude futures increased 31 cents, or 0.6%, to $48.43.
The NSE Nifty 50 index rose 0.88% to 13,720.50 by 05:05 GMT and was set for its third straight day of gains while the benchmark S&P BSE Sensex was up 0.85% at 46,838.98.