Global gold prices have continued to decline, reaching their lowest level in nearly three months, following statements made by the US Federal Reserve President before Congress regarding a potential increase in interest rates early this year. During Thursday’s trading, gold prices fell by 0.2% in spot transactions, reaching $1929.21 an ounce, while the dollar index … Read more
Global oil prices experienced a decline in trading on Thursday due to increasing concerns among investors about the demand for crude from China, the second largest economy in the world. This decline was triggered by the confirmation from Jerome Powell, the Chairman of the US Federal Reserve, regarding the possibility of raising interest rates again … Read more
China’s imports of Russian oil have reached an all-time high, according to data from the General Administration of Customs in China. In May 2023, China imported a total of 9.71 million metric tons of oil from Russia, representing a 15.3% increase compared to the previous year. This translates to an average of 2.29 million barrels … Read more
UAE Banks Grant 11 Billion Dirhams in New Personal Financing in Q1 2023 Abu Dhabi – In the first quarter of this year, UAE banks provided 11 billion dirhams in new personal financing to individuals. The total balance of individual borrowing reached over 487 billion dirhams by the end of March, accounting for more than … Read more
Mubasher: Oil prices fell sharply today, Monday, amid anticipation of the Federal Reserve meeting later this week. US oil futures fell by more than 4% to $67.39 a barrel. This comes at a time when Goldman Sachs has lowered its forecast for the price of oil again this year, with increasing supplies and fears of … Read more
Rising mortgage interest rates have hurt many homeowners over the past year. This is also the case of a family from Quebec, who will have to sell their house given the payments have become too high, reports VAT News. Within a year, the family saw their payments go from $2,300 to $3,780 per month. These … Read more
There is no doubt that water remains the basic drink that the body cannot do without. One of the ideas circulating is that water lowers blood sugar, so what is true? Here’s the answer. It has become known that water carries health benefits, the most important of which is hydration of the body, facilitating digestion … Read more
Al-Marsad Newspaper: Dr. Fouad Al-Jeghiman, CEO of the Anti-Cancer Association “Tafa’oul”, revealed the most important reasons for the high percentage of people with cancer in some regions in the Kingdom, and not others. Dr. Fouad said, during an intervention on the “My Lady” program: The spread of cancer in places and not others has many … Read more
Abu Dhabi – Mubasher: The Emirates Central Bank’s possession of gold increased to 17.413 billion dirhams at the end of last March, from 15.910 billion dirhams By the end of February 2023, an increase of 1.503 billion dirhams. The Emirates Central Bank’s possession of gold increased by 38 percent at the end of last March, … Read more
By Le Figaro with AFP Published on 02/06/2023 at 19:01update on 02/06/2023 at 19:14 This content is not accessible. The AAA rating is the highest possible. Stock Adobe The Fitch rating agency maintained on Friday its negative monitoring under which it had placed the valuable AAA rating of the United States due to the Debt … Read more