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Day: July 14, 2026

Gold Plummets by 3% Amidst US Naval Blockade on Iran

July 14, 2026 by emiratespressreleases.net

Abu dhabi: Gold prices experienced a significant decline of 3% on Monday, following US President Donald Trump’s announcement of reinstating a naval blockade on Iran. This geopolitical move has contributed to a recovery in oil markets.

According to E…

Categories Business

Solar Power Generates Record 25% of EU Electricity in June

July 14, 2026 by emiratespressreleases.net

Abu dhabi: For the first time, solar power provided a quarter of the European Union’s electricity in June, generating a record 52 terawatt-hours (TWh) and accounting for 25 percent of the bloc’s monthly power output.

According to Emirates News Agenc…

Categories Business

Gold Recovers from Two-Week Low as Markets Await US Inflation Data

July 14, 2026 by emiratespressreleases.net

Abu dhabi: Gold rose on Tuesday after hitting a two-week low earlier in the session, as markets awaited key US inflation data.

According to Emirates News Agency, spot gold was up 0.3 percent at $4,013.93 per ounce by 03:00 GMT, recovering from its…

Categories Business

ADX Honours Market Participants for 2025 Achievements

July 14, 2026 by emiratespressreleases.net

Abu dhabi: Abu Dhabi Securities Exchange (ADX) Group honoured brokerage firms, listed companies, and post-trade service members at its Annual Members Recognition Awards, recognising their contributions to the development of Abu Dhabi’s capital markets…

Categories Business

RAKEZ Expands Global Engagement Through Strategic Delegations

July 14, 2026 by emiratespressreleases.net

Abu dhabi: Ras Al Khaimah Economic Zone (RAKEZ) continues to expand its international outreach, hosting over a dozen delegation engagements so far this year as interest in Ras Al Khaimah’s business environment continues to rise.

According to Emirate…

Categories Business

Dubai Islamic Bank Reports AED3.74 Billion Net Profit for First Half of 2026

July 14, 2026 by emiratespressreleases.net

Abu dhabi: Dubai Islamic Bank (DIB) reported a net profit after tax of AED3.736 billion for the first half of 2026, compared with AED3.73 billion in the same period last year, while pre-tax profit rose 1% year-on-year to AED4.334 billion.

According…

Categories Business

Dealing.com Sets Guinness World Record with More Than 24,000 Tokenised Stocks

July 14, 2026 by emiratespressreleases.net

Abu dhabi: Dealing.com, a global investing platform, has been awarded a Guinness World Records title for the Most Tokenised Stocks Available for Trading on a Single Platform, offering more than 24,000 tokenised stocks to investors.

According to Emir…

Categories Business

Alneyadi Elected to FITASC Executive Committee for 2026-2030 Term

July 14, 2026 by emiratespressreleases.net

Abu dhabi: Mohammed Suhail Alneyadi, President of the UAE Shooting Federation, has been elected to the Executive Committee of the International Shooting Sport Federation for Hunting Weapons (FITASC) for the 2026-2030 term. The election took place dur…

Categories Politics
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