Daily brief
Gold prices in Dubai have reached record highs, with 24-karat gold exceeding 550 dirhams per gram. The surge follows international price increases, and buyers are increasingly seeking flexible payment options to afford purchases.
Oil prices settled at a 7-week high amid concerns over potential disruptions to Iranian exports.
Somalia has annulled all agreements with the UAE, including deals on port management.
The Saudi stock market surged over 4% following the lifting of restrictions on foreign investment.
Goldman Sachs projects lower oil prices in 2026, forecasting a swell in global supply.