Abu dhabi: Gold was broadly steady on Friday as a drop in US Treasury yields eased the opportunity cost of holding bullion, while muted safe-haven demand kept prices in check. Spot gold edged up 0.1 percent at $5,192.19 per ounce by 0543 GMT, with the…
Geneva: Gold prices edged higher on Thursday, buoyed by a softer dollar and safe-haven demand. Spot gold was up 0.3 percent at $5,183.85 per ounce, as of 02:58 GMT. Bullion hit a more than three-week high on Tuesday. US gold futures for April delivery…
Seoul: The Republic of Korea’s central bank kept its benchmark interest rate steady Thursday. In a widely expected decision, the Monetary Policy Board of the Bank of Korea held the key rate unchanged at 2.5 percent in its latest rate-setting meeting.
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Dubai: Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that 46.9 percent of the multinational companies (MNCs) it attracted to the emirate during 2025 came from Asia.
According to E…
Dubai: flydubai has demonstrated a strong financial performance for its fiscal year ending December 31, 2025, reporting a pre-tax profit of AED2.2 billion (US$591 million). The airline’s total revenue rose to AED13.6 billion (US$3.7 billion), marking …
Abu dhabi: KEZAD Group and Galadari Brothers’ Heavy Equipment Division have signed a 50-year land lease agreement for the establishment of a facility in KEZAD A (KEZAD Al Ma’mourah).
According to Emirates News Agency, Galadari is investing AED75 mil…
Abu dhabi: EHC Investment, a diversified investment platform based in Abu Dhabi and a subsidiary of International Holding Company (IHC), has partnered with Supermicro, Inc., a global leader in IT solutions, to jointly develop Sovereign AI Modular Data…
Abu dhabi: EHC Investment, a diversified investment platform based in Abu Dhabi and a subsidiary of International Holding Company (IHC), has partnered with Supermicro, Inc., a global leader in IT solutions, to jointly develop Sovereign AI Modular Data…