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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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Representatives from Diyar Al Muharraq Participate in Bahrain Smart Cities Summit 2024
March 19th, 2024 - 08:04 GMT

Representatives from Diyar Al Muharraq Participate in Bahrain Smart Cities Summit 2024

SHUAA Capital launches consent solicitation relating to modifying terms and conditions of USD 150 million in outstanding bonds
March 19th, 2024 - 07:55 GMT

SHUAA Capital launches consent solicitation relating to modifying terms and conditions of USD 150 million in outstanding bonds

stc partners with Aspire Kids Club for the 3rd year in a row
March 19th, 2024 - 07:49 GMT

stc partners with Aspire Kids Club for the 3rd year in a row

5,492 ATA Carnets issued and received during 2023 for goods and commodities worth over AED 5 billion, representing an exceptional 47% growth in value
March 19th, 2024 - 07:38 GMT

5,492 ATA Carnets issued and received during 2023 for goods and commodities worth over AED 5 billion, representing an exceptional 47% growth in value

Ooredoo Celebrates Two Decades of Making a Real Difference as it Kicks-Off 20th Goodwill Journey
March 19th, 2024 - 07:31 GMT

Ooredoo Celebrates Two Decades of Making a Real Difference as it Kicks-Off 20th Goodwill Journey

ADIB Named Best Bank for Sustainability Linked sukuk in the Middle East by Global Finance for its $500 million green sukuk
March 19th, 2024 - 07:14 GMT

ADIB Named Best Bank for Sustainability Linked sukuk in the Middle East by Global Finance for its $500 million green sukuk

Cisco Completes Acquisition of Splunk
March 19th, 2024 - 07:04 GMT

Cisco Completes Acquisition of Splunk

LG Makes Strategic Investment in Bear Robotics
March 19th, 2024 - 06:59 GMT

LG Makes Strategic Investment in Bear Robotics

Gold prices in Amman Today Tuesday, March 19
March 19th, 2024 - 06:41 GMT

Gold prices in Amman Today Tuesday, March 19

Gold prices Today Tuesday, 19 March in Doha
March 19th, 2024 - 06:41 GMT

Gold prices Today Tuesday, 19 March in Doha

Gold prices in Riyadh today, Tuesday 19 March
March 19th, 2024 - 06:41 GMT

Gold prices in Riyadh today, Tuesday 19 March

Gold prices in United Arab Emirates Today Tuesday 19 March
March 19th, 2024 - 06:41 GMT

Gold prices in United Arab Emirates Today Tuesday 19 March

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