markets

NEWS DESK

Six months of Trump 2.0: Chaotic policy shifts, resilient markets – Saxo Bank

PR News Desk 22/07/2025

In just six months since Donald Trump returned to the White House, markets have experienced a whirlwind of policy headlines, geopolitical recalibrations, and economic crosswinds. Echoing Lenin’s famous words, there are decades where nothing happens, and weeks where decades happen. The first

NEWS DESK

Markets Cautious as U.S. Tariff Pause Ends on July 9: Comments from Saxo Bank

PR News Desk 07/07/2025

“As the July 9 deadline approaches, the global economy is bracing for the expiration of the 90-day pause on sweeping U.S. tariffs introduced by President Trump earlier this year. Originally announced on April 2 as part of the administration’s “Liberation Day” trade overhaul, the pause was intended to give countries time to negotiate bilateral trade […]

NEWS DESK

Promofix becomes the authorized Google Ads media sales representative across five key MENA markets

PR News Desk 03/07/2025

Promofix, MENA’s fastest growing technology provider and a subsidiary of JGROUP, has announced the expansion of its strategic partnership with Google, becoming the authorized media sales representative of Google Ads products and services in five key MENA countries: Oman, Bahrain, Qatar, Kuwait, and Jordan. With this new authorization, Promofix reinforces its position as a

NEWS DESK

AZIZI GROUP LAUNCHES AZIZI ENERGY TO DEVELOP POWER PROJECTS IN EMERGING MARKETS

PR News Desk 24/06/2025

Azizi Group, the leading Dubai-based international real estate, hospitality, banking, trading and energy conglomerate, has announced the launch of Azizi Energy, a new venture focused on the development and delivery of power generation and energy infrastructure projects across emerging markets. Operating under the trade name Azizi Energy Investments LLC, the new entity

NEWS DESK

WW+P to explore UAE and Saudi Arabia markets with global expansion strategies

PR News Desk 23/06/2025

WW+P Architects, a London-based architecture firmthat comprises over 200 architects and planners across nine studios globally, is poised to expand its presence with a significant emphasis on the UAE and Saudi Arabian markets. With 40 years of global infrastructure experience, WW+P is uniquely positioned to support national development goals through a strong global project

NEWS DESK

Fed Expected to Hold Rates Steady Again as Markets Eye September Cut : Comments from Century Financial

PR News Desk 17/06/2025

The Federal Reserve is widely expected to leave the federal funds target range unchanged at 4.25%–4.50% at the June FOMC meeting, marking the seventh consecutive hold since December. According to the CME FedWatch Tool, there is a 99.8% implied probability that the Fed will stay on pause this week, reinforcing consensus around a cautious, data-dependent […]

NEWS DESK

Gold holds steady despite deleveraging risks in volatile markets- Saxo Bank MENA

PR News Desk 12/03/2025

The “Magnificent Seven” tech stocks—Apple, Microsoft, Alphabet, Amazon, Meta, Nvidia, and Tesla—were, until very recently, the crown jewels of Wall Street, driving much of the market’s gains in 2024 while pulling in billions of dollars from overseas investors looking to join a period of US exceptionalism. However, the tide has turned dramatically in

NEWS DESK

Gold Near Record Highs Amid Geopolitical Tensions; Markets Soar as S&P 500 and Nasdaq Hit Records – Saxo Bank

PR News Desk 20/02/2025

Macro: Commodities ·       Gold hovered near record highs at $2,935 an ounce due to geopolitical tensions, despite the Fed’s rate stance. Concerns grew as Trump suggested pulling US support for Ukraine after Russia’s 2022 invasion, urging Zelenskiy to swiftly negotiate with Russia. ·       Oil prices

NEWS DESK

FX Update: Trump tariff headlines roil markets – Saxo Bank MENA

PR News Desk 07/01/2025

Summary: The USD is all over the map today on a story that Trump will dial back his broad-based approach on tariffs, which Trump later specifically denied. Chart: USDCNH The critical exchange rate for the world this year may be USDCNH as we await how the US-China relationship takes shape in the wake of Trump’s […]

NEWS DESK

Deloitte extends Anaplan alliance to GCC Markets

PR News Desk 21/11/2024

Deloitte announces the rollover of its Anaplan offerings to the GCC market. The Deloitte collaboration with the pioneering cloud-based scenario planning and analysis software provider will present solutions that help streamline business planning in the Middle East, enhancing decision-making processes, and providing organizations with essential data and analytical tools to

NEWS DESK

Global oil markets likely to witness price drop – Noor Capital

PR News Desk 14/11/2024

Factors That Could Lead to Further Decline in Oil Prices Several factors have emerged in global oil markets that may contribute to a price drop shortly. Most of these are linked to imbalances in supply and demand, while some are related to political and economic developments in the United States and major economies. Oil prices […]

NEWS DESK

US Election Countdown: The many ways the election could yet shock markets – Saxo Bank MENA

PR News Desk 03/11/2024

This week: The many ways the election could yet shock markets. The inexorable tightening in the US election polls has continued as Harris’ lead versus Trump has narrowed to the narrowest margin since early August. Many believe from the faulty polling in the 2016 and 2020 elections that the polls always underestimate Trump’s chance of […]

NEWS DESK

Gold Prices Climb as Investors Brace for Election 

PR News Desk 17/10/2024

The ADX General is advancing slightly to 9,312.08 in Abu Dhabi. International Holding Co. PJSC contributed the most to the index gain, increasing 0.4%. Bank of Sharjah had the largest increase, rising 2.9%.The DFM General Index is falling 0.4% at 4,467.84 in Dubai. Emirates NBD Bank PJSC contributed the most to the index decline, decreasing […]

NEWS DESK

Oil Markets Roiled Amid Geopolitical Tensions, Hurricane Devastation

PR News Desk 11/10/2024

Oil prices have been on a wild ride in recent weeks, driven by a perfect storm of geopolitical tensions and natural disasters. The escalating conflict between Israel and Iran, coupled with the devastating impact of Hurricane Milton on U.S. fuel supplies, has sent crude oil prices soaring. The Middle East, a region that accounts for […]

NEWS DESK

AM Best Briefing in Bahrain to Explore State of MENA Insurance Markets

News Desk 09/10/2024

AM Best will host a briefing focused on the insurance markets of the Middle East and North Africa (MENA) on 18 November 2024, at the Crowne Plaza Manama in Manama, Bahrain. The event is being held in association with the Bahrain Insurance Association. At the event, senior AM Best analysts and leading executives from the (re)insurance […]

Business

Global business centre market set to hit $64 billion by 2030

News Desk 21/08/2024

The trends, statistics, and prospects The global business centre market is not just evolving rapidly but leading change. Driven by the increasing demand for flexible office space, the rise of remote working, and the globalisation of business operations, business centres are proving their adaptability. They offer fully equipped office spaces and professional services,

NEWS DESK

Market on edge: Surging volatility – Saxo Bank MENA

PR News Desk 06/08/2024

In the last Thursday and Friday trading sessions and pre-market today, markets have experienced a significant spike in volatility, sparking widespread concern among investors. The VIX, commonly known as the “fear gauge,” has surged to levels not seen in recent times, reflecting a heightened state of market anxiety. This dramatic rise in volatility indicators,

NEWS DESK

Widespread commodities decline in July, with gold as the notable exception  – Saxo Bank MENA

PR News Desk 02/08/2024

The month of July, normally a relatively quiet period of the year across markets, ended up being nothing but quiet. During the month, US politics were rocked by the assassination attempt on Trump, followed by President Biden announcing that he would not seek re-election, instead passing on the baton to Kamala Harris. Elsewhere in China, […]

NEWS DESK

Markets Struggle Amid Geopolitical Risks, FOMC Decision Outlook

News Desk 30/07/2024

Mohamed Hashad, Chief Market Strategist, Noor Capital Global financial markets concluded the first trading day of the new week under the sway of mounting geopolitical tensions in the Middle East, which dampened risk appetite. This led to a decline in several risky assets by the end of Monday’s trading session. However, another factor intervened to […]

NEWS DESK

Fed Meeting to Dominate Next Week’s Markets

News Desk 30/07/2024

The Federal Reserve’s meeting, scheduled for Tuesday and Wednesday, is set to be the most significant event shaping global financial markets next week. Anticipation surrounding the Fed’s decisions and Chairman Jerome Powell’s accompanying remarks is likely to influence market activity from the very beginning of the trading week. While there’s a broad consensus among