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Gold Slumps 6% as Interest Rates Rise
March 23rd, 2026 - 11:16 GMT

Gold Slumps 6% as Interest Rates Rise

Gold prices have come under significant pressure, falling 6% on Monday after a 10% decline last week, as shifting macroeconomic conditions weigh heavily on the precious metal. March is now shaping up to be one of the weakest months on record for gold, with prices down nearly 21% since the beginning of the month. Traditionally viewed as a safe-haven asset during periods of geopolitical uncertainty, gold is currently facing headwinds from rising inflation expectations and a rapidly evolving interest rate outlook. The escalation of conflict in the Middle East has ...
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Uber revenues beat estimates amid strong recovery
May 3rd, 2023 - 09:01 GMT

Uber revenues rise 29% in 1st quarter of 2023

DAE announces Financial Results for the three months ended March 31, 2023
May 3rd, 2023 - 07:56 GMT

DAE announces Financial Results for the three months ended March 31, 2023

Starbucks announces increase in Q1 profits
May 3rd, 2023 - 06:38 GMT

Starbucks reports increased profit in 1st quarter

OFFTEC Holding Group Holds Annual Ordinary General Assembly Meeting
May 2nd, 2023 - 03:25 GMT

OFFTEC Holding Group Holds Annual Ordinary General Assembly Meeting

GE and UICCA sign MoU to accelerate energy transition and advance innovative climate solutions
May 2nd, 2023 - 03:04 GMT

GE and UICCA sign MoU to accelerate energy transition and advance innovative climate solutions

Federal Tax Authority’s Customer Council outlines procedures for recovering VAT Incurred on Construction and Operation of Mosques
May 2nd, 2023 - 10:35 GMT

Federal Tax Authority’s Customer Council outlines procedures for recovering VAT Incurred on Construction and Operation of Mosques

Yen continues sharp decline, Australian dollar jumps after unexpected interest rate hike
May 2nd, 2023 - 10:17 GMT

Japanese Yen slides as Australian dollar shores up

GCC and Global Markets were positive in anticipation of a pause in Fed Rate Hikes
May 2nd, 2023 - 09:56 GMT

GCC and Global Markets were positive in anticipation of a pause in Fed Rate Hikes

Dubai Festival for School Theatre: Students' creativity on stage
May 2nd, 2023 - 09:51 GMT

Dubai Festival for School Theatre: Students' creativity on stage

Mubadala to Invest US $500 Million in U.S. Broadband Company Brightspeed, Alongside Apollo Funds
May 2nd, 2023 - 09:11 GMT

Mubadala to Invest US $500 Million in U.S. Broadband Company Brightspeed, Alongside Apollo Funds

The growing use of interactive video games in the medical field
May 2nd, 2023 - 08:07 GMT

Medical institutions report growing use of interactive games

India Aims to Increase Exports to UAE to $50B by 2026
May 2nd, 2023 - 07:39 GMT

India to increase exports to UAE to $50b by 2026

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