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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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PwC Middle East and Microsoft launch AI Centre of Excellence dedicated to upskilling Saudi engineering talent
March 25th, 2024 - 07:20 GMT

PwC Middle East and Microsoft launch AI Centre of Excellence dedicated to upskilling Saudi engineering talent

The Federal Tax Authority upgrades three key Services in line with UAE’s Government Services 2.0 Framework
March 25th, 2024 - 07:11 GMT

The Federal Tax Authority upgrades three key Services in line with UAE’s Government Services 2.0 Framework

Sharaf Group donates AED 5 million to Mothers’ Endowment campaign
March 25th, 2024 - 06:25 GMT

Sharaf Group donates AED 5 million to Mothers’ Endowment campaign

Gold prices in Riyadh today, Monday 25 March
March 25th, 2024 - 06:03 GMT

Gold prices in Riyadh today, Monday 25 March

Gold prices in Amman Today Monday, March 25
March 25th, 2024 - 06:03 GMT

Gold prices in Amman Today Monday, March 25

Gold prices Today Monday, 25 March in Doha
March 25th, 2024 - 06:03 GMT

Gold prices Today Monday, 25 March in Doha

Gold prices in United Arab Emirates Today Monday 25 March
March 25th, 2024 - 06:03 GMT

Gold prices in United Arab Emirates Today Monday 25 March

Diyar Al Muharraq Partners with The BIBF to Develop Professional Training Opportunities
March 25th, 2024 - 05:58 GMT

Diyar Al Muharraq Partners with The BIBF to Develop Professional Training Opportunities

Bank ABC’s 2024 AGM and EGM concluded with Shareholders approving cash dividends amounting to US$ 70m, a 50% increase Year on Year (YOY), and an AT1 capital issuance of up to US$ 400m
March 25th, 2024 - 05:42 GMT

Bank ABC’s 2024 AGM and EGM concluded with Shareholders approving cash dividends amounting to US$ 70m, a 50% increase Year on Year (YOY), and an AT1 capital issuance of up to US$ 400m

UAE, Saudi Arabia crypto investors made $554M, among top countries in 2023
March 24th, 2024 - 03:38 GMT

UAE, Saudi Arabia crypto investors made $554M, among top countries in 2023

Nvidia’s CEO speaks out on Israel-Gaza war, to invest heavily in Israel
March 24th, 2024 - 02:15 GMT

Nvidia’s CEO speaks out on Israel-Gaza war, to invest heavily in Israel

Tim Cook in China to open second largest Apple store and revive iPhone sales
March 24th, 2024 - 11:51 GMT

Tim Cook in China to open second largest Apple store and revive iPhone sales

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