Trade and Economics

The U.S. Federal Reserve reduces interest rates by 50 basis points, prompting several Arab central banks to follow suit, reflecting global concerns over economic stability.

Gold prices near all-time highs, driven by a weak dollar and key economic data. Investors await Federal Reserve's next move on interest rates amid economic uncertainty.

The U.S. imposes a 100% tariff on Chinese electric vehicles and 25% on batteries, escalating trade tensions as the 2024 presidential elections approach.