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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 opening of the digital facility in the bank’s headquarters reflects the care and attention that the bank pays to staff.
March 12th, 2018 - 07:22 GMT

Al Hilal Bank Abu Dhabi Launches Virtual Staff Medical Clinic Provided by National Takaful

The committee recently met with traders and business owners of commercial centers to ensure their VAT compliance and avoid indiscriminate price increases.
March 12th, 2018 - 07:17 GMT

DED Ajman, UAE Ministry of Economy Inspect Major Outlets in Emirate to Monitor Prices of Goods

Hamad Buamim, President and CEO of Dubai Chamber of Commerce and Industry
March 12th, 2018 - 07:08 GMT

Dubai Chamber: How the Region’s Leaders Are Reacting to Disruption & Innovation


Dubai Music Band
March 12th, 2018 - 07:02 GMT

Emaar Launches 'Dubai Music Band' to Support the UAE’s Fast-Growing Creative Scene

Dr Karim Al-Adham, Spokesperson of the Nuclear and Radiological Regulato
March 12th, 2018 - 06:55 GMT

Rosatom: El Dabaa NPP Is a Dream Come True for Egypt’s Society

Ayny is a co-production between Germany, Jordan and Palestine.
March 12th, 2018 - 06:41 GMT

BBC Arabic to Air Short Films 'Ayny' and 'Nocturne in Black'

QNB Group will disclose the date and venue of the Extraordinary General Assembly in due course.
March 12th, 2018 - 06:27 GMT

QNB Group Seeks Shareholder Approval to Increase Non-Qatari Share Ownership Limit to 49 Percent

Scott Harrell, senior vice president and general manager, Enterprise Networking at Cisco
March 12th, 2018 - 06:19 GMT

Cisco Brings Visibility and Insights to IT’s Biggest Blind Spot: The WAN

The event included fun outdoor activities and games for children of employees.
March 12th, 2018 - 06:05 GMT

CrediMax Bahrain Hosts Its Annual Staff Camping Trip

The upgrade allows Dubai Now to provide more services from the private sector in addition to the Dubai Government services already on offer.
March 11th, 2018 - 12:29 GMT

Smart Dubai Introduces Artificial Intelligence in New Upgrade to ‘Dubai Now’

Dubai Investments has taken centre stage at the exhibition.
March 11th, 2018 - 12:28 GMT

Dubai Investments Reinforces Innovation in Education at Innovation Arabia

FAHR is also mulling increasing number of beneficiaries to privileges programme.
March 11th, 2018 - 11:47 GMT

Up to 9 Months Probation Period for UAE Federal Workers: FAHR

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