Gold bangles are on display at a jewellery showroom in Mumbai, India. Reuters
Spot gold rose 0.3% to $1,909.41 per ounce by 600 GMT. US gold futures gained 0.7% to $1,909.80 per ounce.
Official records indicate that the defendant was working at the victim’s house for six years, and items were bizarrely disappearing through out that long period of time.
Seven other lucky shoppers won gold sets, diamond rings and gemstones.
European and US stock markets slumped on Friday as investors dwelled on the prospect of rising US interest rates. Europe’s main bourses all fell nearly two per cent.
HSBC has agreed to sell its French retail bank to Cerberus-backed My Money Group in a deal which will mean a loss of around $2.3 billion for the British bank but end its long struggle to dispose of the business as it focuses on Asia.
Sharjah Islamic Bank (SIB) has opened its newest branch in Abu Dhabi Mall. The decision serves as a key step forward in strengthening the bank’s network in the UAE and reach its growing customer base in the capital city.
Bilateral trade between UAE and Malaysia grew 26.52 per cent to $1.97 billion (Dhs7.25 billion) in the first quarter of 2021, compared to from $1.56 billion (Dh5.73 billion) in the corresponding period last year, reflecting the resilience in two-way trade.