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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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The GCC’s first and the world’s only Shari’ah Compliant Spot Gold contract (DGSG), was listed on the DGCX on March 29th.
April 1st, 2018 - 08:46 GMT

DGCX Shari’ah Compliant Spot Gold Sees Record Volumes on First Day of Trading

John Carney, Governor of Delaware
April 1st, 2018 - 08:36 GMT

Gulftainer Secures 50-Year Concession for Us Port of Wilmington

RJ Passengers can travel round-trip on Economy Class to Copenhagen from Amman for as low as JD299.
April 1st, 2018 - 08:08 GMT

RJ’s Unbeatable Fares to Denmark From Jordan, Iraq, Lebanon, Saudi arabia, UAE, Kuwait and Egypt

Bryan Buggey, Director, Strategic Initiatives and Sector Development, Vancouver Economic Commission, receiving a copy of the ‘Father of our Nation’ from Fahad Al Gergawi, CEO, Dubai FDI.
April 1st, 2018 - 07:42 GMT

Dubai’s Success Accelerates Global Cleantech Adoption

Ken Hu, Huawei's Rotating Chairman, released Huawei 2017 Annual Report
April 1st, 2018 - 07:30 GMT

Huawei's 2017 Annual Report: Solid Performance and Lasting Value for Customers

Yousef Wahbah, MENA Real Estate, Hospitality and Construction Sector Leader
April 1st, 2018 - 07:24 GMT

EY: Government Led Initiatives to Drive Mena Hospitality Market in 2018

An agreement formalising the initiative was signed by Abdul Aziz Taryam, CEO Advisor and Sawsan Jafar, Chairperson of the FOCP Board of Directors.
April 1st, 2018 - 07:15 GMT

Etisalat, Friends of Cancer Patients Launches 'A Dirham for Hope' Initiative for Cancer Sufferers and Their Families

The Levante Trofeo is equipped with one of the most powerful engines ever fitted in a Maserati.
April 1st, 2018 - 06:41 GMT

World Premiere for Maserati Levante Trofeo at the 2018 New York International Auto Show

The event brought together over 300 speakers from across the technology ecosystem.
April 1st, 2018 - 06:34 GMT

Dubai Internet City Hosts Over 6,000 Visitors During Step 2018 Event

The Competition witnessed the participation of 52 competitors from TAG-Confucius, University of Jordan, Philadelphia University, Al Yarmouk University, and Islamic Educational College.
April 1st, 2018 - 05:55 GMT

Talal Abu-Ghazaleh Confucius Organizes Calligraphy Competition in Chinese

The Emirates A380 touched down in Beirut.
April 1st, 2018 - 05:37 GMT

Emirates Makes History With One-Off A380 Touchdown in Beirut

Gartner has again placed Ericsson in the Leaders quadrant of the Magic.
April 1st, 2018 - 05:29 GMT

Ericsson Named OSS Leader for Sixth Consecutive Time

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