Gold prices rose on Friday following two straight sessions of sharp declines as a rally in the dollar stalled. Reuters
Domestic gold prices in India jumped to a record following an unexpected increase in import duty in the country’s budget, hitting demand and forcing dealers to offer the highest discount in nearly three years.
Trade anxiety and escalating tensions between the United States and Iran sent gold soaring to a six-year high on Tuesday, and saw traders dive back into safe-harbour government bonds and the yen and Swiss franc at the expense of the dollar.
Gold prices rose on Monday to their highest in more than two months as heightened Sino-US trade tensions and Washington's threat of tariffs on Mexico stoked worries of a global recession and drove
World stocks remained on course for their best month ever on Friday as recent vaccine progress, Joe Biden’s US presidential election win, hopes for further stimulus, a commodity surge and descending dollar all lifted the spirits.
Ras Al Khaimah: Ras Al Khaimah International Airport (RAK Airport) on Friday welcomed the first scheduled SpiceJet passenger flight, with the aircraft’s arrival heralding the commencement of both a new phase of operations for the UAE transport
The UAE has taken a leadership role in the Middle East region in technology adoption in real estate sector. Dubai has largely been responsible for changing the mindset when it comes to adopting new technologies.