Category: Business

Abu dhabi: Gold rose on Tuesday after hitting a two-week low earlier in the session, as markets awaited key US inflation data.

According to Emirates News Agency, spot gold was up 0.3 percent at $4,013.93 per ounce by 03:00 GMT, recovering from its…

Abu dhabi: For the first time, solar power provided a quarter of the European Union’s electricity in June, generating a record 52 terawatt-hours (TWh) and accounting for 25 percent of the bloc’s monthly power output.

According to Emirates News Agenc…

Abu dhabi: Gold prices experienced a significant decline of 3% on Monday, following US President Donald Trump’s announcement of reinstating a naval blockade on Iran. This geopolitical move has contributed to a recovery in oil markets.

According to E…

Abu dhabi: traded in mixed territory on Monday as investors turned their attention to the start of the second-quarter earnings season. The pan-European Stoxx 600 index fell 0.01% to 641.02 points, while Germany’s DAX index rose 0.08% to 25,087.18 poin…

Abu dhabi: U.S. crude oil closed higher on Monday by 9.4% at $78.14 per barrel: Brent crude oil jumped 9.6% to $83.30 per barrel. WTI gained 9.4% to close at $78.14.

According to Emirates News Agency, the significant increase in oil prices was obser…

Abu dhabi: Major US indexes recorded sharp declines as investors braced for potential inflation spikes and broader economic impacts.

According to Emirates News Agency, the S and P 500 dropped 0.8% to close at 7,515.34. The Nasdaq Composite fell 1.5…

Abu dhabi: Trkiye’s exports to the European Union reached $55 billion during the first half (January-June) of 2026, marking a 4.7% increase compared to the same period in 2025, according to data by Turkish Exporters Assembly.

According to Emirates N…

Abu dhabi: Russia’s natural gas exports to the European Union increased by about 18% during the first half of the year, Russia’s Energy Ministry said on Monday.

According to Emirates News Agency, the ministry stated that the European Union imported…