Al-Jaghbeer: The Industrial Sector Leads Economic Growth
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Europe is set to activate a new biometric Entry/Exit System starting October 12, 2024, replacing traditional passport stamps with fingerprint and facial recognition. The system aims to enhance security and streamline border crossings within the Schengen Area but may cause initial delays.
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Japanese stocks closed on Wednesday after four consecutive sessions of gains despite profit-taking following record highs. The Nikkei index fell 0.45%, while the Topix index rose to its highest level ever.
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X.AI, owned by Elon Musk, has raised its funding target to $20 billion, with Nvidia contributing $2 billion for an equity stake to supply chips for the Clausus2 data center in Memphis.
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Gold prices surpassed $4000 per ounce for the first time, driven by increased demand for safe-haven assets amid economic and geopolitical uncertainties, alongside expectations of Federal Reserve interest rate cuts.
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The price of a gold ounce exceeded $4000 for the first time ever, driven by increased demand for a safe haven amid economic and geopolitical uncertainty, with expectations of further U.S. interest rate cuts.
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The dollar surged to its highest level in over two months during early Asian trading amid growing concerns over the U.S. government shutdown, prompting investors to seek safe-haven assets. The New Zealand and Australian dollars declined following the Reserve Bank of New Zealand's interest rate cut.
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Gold surpassed the $4000 per ounce mark for the first time ever, driven by economic and geopolitical tensions and expectations of interest rate cuts by the Federal Reserve. Silver, platinum, and palladium also rose in global markets.
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Gold surpassed $4000 per ounce for the first time, reaching an all-time high amid economic and geopolitical uncertainty and expectations of Federal Reserve interest rate cuts.
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Gold reached a record high above $4000 per ounce driven by safe-haven demand amid economic and geopolitical uncertainty, with expectations of further interest rate cuts by the US Federal Reserve.
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Oil prices rose Wednesday as oversupply fears faded following OPEC+ decision to limit production increase in November. Brent crude reached $65.85 and WTI $62.17 per barrel.
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