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Central banks are increasing gold purchases as confidence in the US dollar comes under pressure.

Business Staff Writer -
A survey by the World Gold Council indicates that gold is playing an increasingly important role in global reserve holdings. Dubai: Central banks are projected...

Dubai’s DIFC has added $112 billion Oak Hill Advisors following approval from the DFSA.

Business Staff Writer -
Oak Hill Advisors has received approval from the DFSA as Dubai continues to expand its position as a hub for alternative investments. Dubai: Dubai International...

Mubadala acquires $200 million stake in UK–Ireland power interconnector Greenlink.

Business Staff Writer -
Abu Dhabi investor takes stake in Greenlink amid growing pressure on power grids due to rising electricity demand. Dubai: Mubadala Investment Company has purchased $200...

Watch and Jewellery Middle East Show 2026 attracted 96,000 visitors, highlighting the continued expansion of the regional luxury market.

Business Staff Writer -
The event featured the first locally sourced Emirati gemstone, along with what is described as the world’s most expensive gold dress. More than 96,000 visitors...

Dubai gold prices remain above Dh520 after a volatile June trading range that saw rates swing from Dh542 to Dh492.

Business Staff Writer -
Dubai gold prices are holding close to Dh520 after a volatile month influenced by movements in oil prices, the US dollar, and expectations around...
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