UAE: Gold prices edge down in Dubai

Gold prices in Dubai edged lower at the opening of the markets on Wednesday. According to Dubai Jewellery Group data, the 24K was trading at Dh233.25 per gram on Wednesday morning as compared to last …

Dubai stocks hit eight-year high

Saudi Arabia would extend its voluntary output cut of 1 million barrels per day (bpd) to August, the kingdom’s state news agency reported. Russia will also reduce its oil exports by 500,000 bpd in …