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الشارقة 24
UBS Buys $8B Bonds to Cut Debt
Gold prices rose to $4,400 amid investor anticipation of the Federal Reserve's decision on interest rate hikes, with concerns over supply disruptions pushing oil to achieve weekly gains. Germany also expressed support for expediting the conclusion of free trade agreement negotiations between the UAE and Germany. Meanwhile, UBS purchased $8 billion worth of bonds aimed at reducing its debts.
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