Abu Dhabi aims to lead in hydrogen market
Gold prices in the UAE rose on Tuesday, driven by increased demand and economic indicators, amid rising pressures on global markets. The decline in gold prices came after expectations of a U.S. interest rate hike, amid escalating risks of disruptions to oil supplies as oil prices neared one hundred dollars. Markets also experienced a decrease in the value of the dollar and anticipation of inflation data, while regional tensions, including Houthi attacks on the Strait of Hormuz and Bab el-Mandeb, drew condemnation from Saudi Arabia.
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