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BUSINESS

BUSINESS latest

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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Gold prices in Dubai Wednesday 6 March 2024
March 6th, 2024 - 06:34 GMT

Gold prices in Dubai Wednesday 6 March 2024

Gold prices in Doha Wednesday 6 March 2024
March 6th, 2024 - 06:34 GMT

Gold prices in Doha Wednesday 6 March 2024

Gold prices in Riyadh Wednesday 6 March 2024
March 6th, 2024 - 06:34 GMT

Gold prices in Riyadh Wednesday 6 March 2024

Dubai Culture Launches Virtual Dubai Calligraphy Biennale
March 6th, 2024 - 06:29 GMT

Dubai Culture Launches Virtual Dubai Calligraphy Biennale

KIB introduces details of Kuwait’s first bank-led digital marketplace: KIB PayTally App
March 6th, 2024 - 06:20 GMT

KIB introduces details of Kuwait’s first bank-led digital marketplace: KIB PayTally App

Hyatt Regency Dubai Unveils Exclusive Ramadan Offers for Unforgettable Experiences During the Holy Month
March 6th, 2024 - 06:17 GMT

Hyatt Regency Dubai Unveils Exclusive Ramadan Offers for Unforgettable Experiences During the Holy Month

ADIB appoints Mr. Mohamed Abdelbary as Acting Group CEO
March 6th, 2024 - 06:07 GMT

ADIB appoints Mr. Mohamed Abdelbary as Acting Group CEO

GU-Q Dean’s Lecture Explores Public Architecture and Arab Modernity
March 6th, 2024 - 05:58 GMT

GU-Q Dean’s Lecture Explores Public Architecture and Arab Modernity

FAB shareholders approve AED 7.8 billion cash dividend at Annual General Meeting
March 6th, 2024 - 05:49 GMT

FAB shareholders approve AED 7.8 billion cash dividend at Annual General Meeting

Ericsson and Mobily evolve network in Saudi Arabia with Open RAN
March 6th, 2024 - 05:34 GMT

Ericsson and Mobily evolve network in Saudi Arabia with Open RAN

Emirates and AIDA Cruises renew their partnership for a further two seasons
March 6th, 2024 - 05:24 GMT

Emirates and AIDA Cruises renew their partnership for a further two seasons

Dubai WoodShow 2024: Premier Platform Unveils Latest Industry Trends and Investment Opportunities
March 6th, 2024 - 05:11 GMT

Dubai WoodShow 2024: Premier Platform Unveils Latest Industry Trends and Investment Opportunities

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