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Gold prices dip sharply as UAE shoppers accelerate purchases to take advantage of favorable rates.

Business Staff Writer -
Declining prices attract buyers, though higher rates and oil costs limit gold’s short-term upside. Dubai: Gold’s recent decline has surprised many, especially given elevated geopolitical...

Dubai rises to 7th place globally, reinforcing its position as a leading financial hub.

Business Staff Writer -
Dubai’s improved ranking reinforces its status as a global finance hub and boosts investor appeal. Dubai: Reaching seventh place in the Global Financial Centres Index,...

Malabar Gold & Diamonds announces $24M CSR initiative for FY 2026–27, unveiled by Piyush Goyal

Business Staff Writer -
Key areas of the initiative include women, health, education, housing, hunger, and environmental conservation. Malabar Gold & Diamonds, the world’s fifth-largest retail jewellery group and...

Mubadala sells stake in AI cooling company for $4.75 billion as data centre demand soars

Business Staff Writer -
The exit coincides with rising demand for energy-efficient data centre cooling fueled by AI growth. The sale of Mubadala’s minority stake in CoolIT Systems to...

UAE’s food system remains resilient, maintaining steady supply despite regional tensions.

Business Staff Writer -
Robust oversight and adaptive supply chains ensure a steady flow of food across the UAE. Dubai: The UAE’s food supply chain remains stable despite geopolitical...
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