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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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Short film SUHAIL wins Best Short Film Award at Al-Ain Film Festival
February 14th, 2023 - 08:25 GMT

Short film SUHAIL wins Best Short Film Award at Al-Ain Film Festival

Earnings Season: Shell’s Record Profits for 2022 to Drive Stock Prices Up in 2023?
February 14th, 2023 - 08:02 GMT

Earnings Season: Shell’s Record Profits for 2022 to Drive Stock Prices Up in 2023?

Al Tayer Motors Luxury Fleet Ensures World Government Summit Delegates Travel in Style
February 14th, 2023 - 07:19 GMT

Al Tayer Motors Luxury Fleet Ensures World Government Summit Delegates Travel in Style

DFSA Chief Executive Ian Johnston appointed Vice Chair of IOSCO Committee
February 14th, 2023 - 06:42 GMT

DFSA Chief Executive Ian Johnston appointed Vice Chair of IOSCO Committee

noon.com announces completion of Namshi acquisition
February 13th, 2023 - 04:15 GMT

noon.com announces completion of Namshi acquisition

NVIDIA Announces New Studio Laptops Powered by GeForce RTX GPUs To Unleash Creativity
February 13th, 2023 - 03:58 GMT

NVIDIA Announces New Studio Laptops Powered by GeForce RTX GPUs To Unleash Creativity

Empower announces its financial results for 2022, a record profit in District Cooling industry of AED 1.001 billion and with a proposed dividend of AED 425 million
February 13th, 2023 - 10:24 GMT

Empower announces its financial results for 2022, a record profit in District Cooling industry of AED 1.001 billion and with a proposed dividend of AED 425 million

GE paves the way for future female STEM leaders in Kuwait with experiential learning opportunities
February 13th, 2023 - 09:14 GMT

GE paves the way for future female STEM leaders in Kuwait with experiential learning opportunities

Aamal Company Q.P.S.C. (“Aamal”) Financial Results for the full year ended 31 December 2022
February 13th, 2023 - 08:09 GMT

Aamal Company Q.P.S.C. (“Aamal”) Financial Results for the full year ended 31 December 2022

Red Hat Launches Ansible Automation Platform on Google Cloud
February 13th, 2023 - 08:00 GMT

Red Hat Launches Ansible Automation Platform on Google Cloud

Interns in high demand this year!
February 13th, 2023 - 07:33 GMT

Interns in high demand this year!

Emirates Steel Arkan’s 2022 net profit increases to AED 508.5 million, buoyed by strong global sales
February 13th, 2023 - 06:12 GMT

Emirates Steel Arkan’s 2022 net profit increases to AED 508.5 million, buoyed by strong global sales

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