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Dubai gold prices at record high; 24K reaches Dh550 per gram
Gold prices hit a new record in Dubai and globally as the 24K price hit Dh550 per gram at the opening of the market on Monday.
The Dubai Jewellery Group data showed 24K jumping Dh7 per gram to Dh550.25, while the 22K gold price rose Dh6.5 to Dh509.5 per gram on Monday morning.
Similarly, the 21K gold price rose to Dh488.75, 18K to Dh418.75 and 14K to Dh326.75 per gram.
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Globally, spot gold broke above the psychological milestone of $4,600 an ounce on Monday for the first time, as safe-haven demand and expectations of rate cuts kept bullion a favoured asset.
It was trading at $4,568.13 per ounce, up 1.31 per cent at 9am UAE time, driven by geopolitical and economic uncertainties and growing bets around interest rate cuts by the US Federal Reserve.
Some of the key factors driving precious metals are growing risks of US strikes on Iran due to protests in the Persian country, as US President Donald Trump has threatened to hit Iran a few times.
In addition, Federal Reserve Chairman Jerome Powell said he is under federal criminal investigation related to the $2.5 billion renovation of the central bank’s headquarters. This also sent jitters among investors on Monday morning.
The Fed chief called it a "pretext" of the government aimed at putting further pressure on the central bank to lower rates.
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Dubai Unveils Dh6 Billion Road Upgrade Plan to Revolutionize Urban Mobility
In a landmark move to transform Dubai's transportation landscape, the Roads and Transport Authority (RTA) has partnered with Dubai Holding on an ambitious Dh6 billion infrastructure initiative that will reshape connectivity across the emirate's fastest-growing communities.
The comprehensive road network enhancement program will introduce cutting-edge bridges, expanded thoroughfares, and smart access solutions designed to slash commute times while dramatically improving traffic flow. This strate
Judge Reaffirms Block on Elon Musk's $55.8 Billion Tesla Pay Package Despite Shareholder Vote
A Delaware judge has doubled down on her rejection of Elon Musk's record-breaking $55.8 billion compensation package from Tesla, dismissing the company's attempt to revive the deal through a shareholder vote.
MEVP Achieves 5x Return with Strategic Exit as Japan's giftee Acquires Majority Stake in YGG
In a landmark deal for the Middle East's digital economy, Middle East Venture Partners (MEVP) has successfully exited its investment in YOUgotaGift (YGG), as Japanese eGifting giant giftee Inc acquires a controlling 91% stake. This strategic acquisition propels YGG into its next phase of global expansion while cementing its dominance in the GCC's booming digital gift card market.
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Oil Prices Rally to 7-Week High on U.S.-China Trade Deal Optimism
Crude oil prices surged over 1% on Tuesday, reaching their highest level in seven weeks as renewed optimism about a potential trade agreement between Washington and Beijing boosted expectations for stronger global economic growth and higher fuel demand.
By midday trading in New York, Brent crude futures had climbed 81 cents (1.2%) to $67.85 per barrel, while U.S. benchmark West Texas Intermediate crude gained 83 cents (1.3%) to reach $66.12 per barrel.
The rally pushed both major oil benchmarks
e& UAE Launches Innovative Kids SIM Card with Advanced Parental Controls
In a groundbreaking move to promote child digital safety, UAE telecom giant e& (formerly Etisalat) has unveiled a specialized SIM card tailored specifically for young users, empowering parents with unprecedented control over their children's online experiences.
The innovative Kids SIM solution offers two budget-friendly monthly packages at Dh49 and Dh99, packed with features that blend connectivity with security:
Generous local calling allowances
Uninterrupted data access around the clock
Compl
Le Mans Legends: Where History, Speed and Investment Collide
For racing enthusiasts, few names carry the weight of Le Mans. This hallowed French circuit represents to motorsport what Wimbledon does to tennis or Augusta National to golf - a sacred proving ground where legends are made. The storied Sarthe River circuit has witnessed automotive history since hosting France's inaugural Grand Prix in 1906, though its roots stretch back further than the Roman conquest of 47 BC.
Sharjah Islamic Bank Boosts Nasdaq Dubai's Sukuk Market with $500 Million AT1 Listing
In a landmark move for Islamic finance, Sharjah Islamic Bank (SIB) has successfully listed a $500 million Additional Tier 1 (AT1) sukuk on Nasdaq Dubai, further cementing the exchange's position as a global hub for Sharia-compliant securities.
Dh332 Million Umm Suqeim Street Upgrade Nears Completion, Set to Slash Travel Time by 61%
Dubai's ambitious Umm Suqeim Street Improvement Project, a Dh332 million initiative designed to revolutionize connectivity between Al Khail Road and Sheikh Mohammed Bin Zayed Road, is now over 70% complete. The transformative infrastructure development features an impressive 800-meter tunnel with four lanes in each direction, promising to dramatically enhance traffic flow across the city.
Iran-Israel Tensions Threaten Global Oil Supply: Strait of Hormuz Closure Could Send Prices Soaring
The escalating conflict between Iran and Israel has sent shockwaves through global financial markets, with experts warning that a potential shutdown of the strategically vital Strait of Hormuz could trigger an oil price surge to $120 per barrel - threatening to derail inflation progress worldwide.
Market analysts are sounding alarms as geopolitical tensions reach new heights in the Arabian Gulf region. The recent military exchanges have raised unprecedented concerns about a catastrophic supply d
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Suzuki Swift Production Halt Linked to China's Rare Earth Export Restrictions
In a move highlighting the growing impact of global supply chain disruptions, Suzuki Motor has temporarily suspended production of its popular Swift subcompact due to China's tightening rare earth export policies. Industry insiders reveal this marks the first major Japanese automaker affected by Beijing's recent trade measures.
UAE Banks Shine in Q1 2026: Record Profits Amid Global Economic Headwinds
The UAE's banking sector has defied global economic challenges to deliver an impressive first quarter performance in 2026, with the nation's top lenders reporting robust growth across key financial metrics.
Fresh analysis from Alvarez & Marsal (A&M) reveals the UAE's ten largest listed banks collectively saw net income surge to Dh22.2 billion - an impressive 8.4% increase compared to the previous quarter. This stellar performance was driven by a remarkable 59.3% reduction in impairment charges a
Dubai Unveils Dh1.4 Billion Stormwater Drainage Upgrade to Future-Proof City Infrastructure
In a landmark move to safeguard against climate challenges, Dubai Municipality has launched four ambitious infrastructure projects worth Dh1.439 billion as part of its revolutionary 'Tasreef' stormwater drainage initiative. This strategic investment will transform the emirate's water management systems to meet future demands while setting new benchmarks for urban resilience.
Bentley Continental GT Speed Hybrid: Where Timeless Elegance Meets Electrifying Performance
In the realm of automotive aristocracy, Bentley stands as a crown jewel. Born from racing heritage with legendary victories, the marque evolved through its Rolls-Royce era before emerging stronger under Volkswagen's stewardship. The Continental GT became its renaissance masterpiece - a perfect marriage of breathtaking design, thunderous performance, and peerless craftsmanship. Now in its fourth iteration, we experienced Bentley's vision of "fine driving" in the exclusive Continental GT Speed Hybrid First Edition - here's why this grand tourer redefines automotive excellence.
Oil Prices Could Skyrocket Past $100 Amid Middle East Tensions, Analysts Warn
The global oil market is bracing for potential turbulence as escalating tensions between Israel and Iran threaten to push crude prices beyond the $100 per barrel mark, energy experts cautioned this week.
e& Reports Record Growth in Q1 2026, Solidifying Its Position as a Global Tech Leader
e& has kicked off 2026 with outstanding financial results, demonstrating remarkable growth across all business segments and reinforcing its status as an innovator in the digital landscape. The company's strategic vision continues to drive significant value creation, positioning it as one of the most dynamic players in the global technology sector.
The Group reported consolidated revenues of Dh16.9 billion for the first quarter, marking an impressive 18.7% year-over-year increase. Net profits soa
du Reports Stellar Q1 2026 Results with 19.8% Net Profit Surge
Emirates Integrated Telecommunications Company PJSC (du) has kicked off 2026 with outstanding financial performance, showcasing significant growth across all key metrics during the first quarter.
e& Announces Record 2024 Financial Results with Dh10.8 Billion Net Profit and 83 Fils Dividend
In a landmark decision, e& shareholders have enthusiastically approved the Board's recommendation for a cash dividend of 83 fils (Dh0.83) per share for fiscal year 2024, marking another year of exceptional performance for the global technology leader.
UAE Drivers Alert: Major Road Closures This Sunday - Plan Your Route Now!
Attention all UAE motorists! The Roads and Transport Authority (RTA) has issued an important travel advisory for this Sunday, June 15, as essential maintenance works will temporarily disrupt traffic flow on two key highways. Commuters heading towards Sharjah and using Sheikh Mohammed bin Zayed Road should prepare for possible delays.
Carrefour Bids Farewell to Oman Market After Decades of Service
In a significant retail development, Carrefour has officially announced the end of its operations in Oman effective January 7, 2026. The supermarket chain, operated under exclusive rights by Majid Al Futtaim in the Sultanate, shared this emotional farewell through its official social media channels.
Borouge and Adnoc L&S Forge 15-Year Mega Deal to Boost UAE Petrochemical Exports
In a landmark move set to transform the UAE's petrochemical landscape, Borouge has cemented a 15-year strategic alliance with Adnoc Logistics & Services Plc (Adnoc L&S) that will supercharge production capabilities and global export operations.
The game-changing service agreement carries a minimum guaranteed value of $531 million (Dh1.95 billion), fueling Borouge's ambitious expansion strategy while delivering substantial operational efficiencies. The partnership is projected to generate over $5
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Where to Buy a Real Christmas Tree in Dubai This Season — From Just Dh400
There’s something magical about bringing home a real Christmas tree. Long before the lights are plugged in or the ornaments are unpacked, that crisp evergreen scent fills the air and instantly transforms your space into a warm, wintry escape. Whether you live in a cosy apartment or a spacious villa, a real tree brings a kind of nostalgia and charm an artificial one simply can’t match — the soft needles, the natural shape, the tradition of setting it up with family.If you're dreaming of a festive
Brighten Your Home and Save Money: Energy-Saving Household Lamps in Singapore
Looking to cut down your electricity bills while keeping your home bright and stylish? Energy-saving household lamps are the perfect solution for eco-conscious homeowners in Singapore. They provide excellent illumination, reduce energy consumption, and last longer than traditional bulbs, making them a smart investment for any household.
Where to Find the Best and Most Affordable Back Pain Relief Centers Near You
Tired of constant back pain affecting your daily life? You’re not alone. Millions of people suffer from lower back pain every year—but the good news is, there are affordable and highly effective treatment centers that can help you get your life back on track.
Create Your Own Website for Free in Singapore — No Coding Needed!
Want to launch your business or personal brand online but don’t want to spend a fortune? The good news is — you can build a website for free using easy, drag-and-drop tools available right now. Start building your online presence today — it’s easier and cheaper than you think. Referenciak below to explore the best free website builders for Singapore users.
Amazon Stock Dips: Is Now the Time for Long-Term Investors to Jump In?
Amazon is no longer just an e-commerce giant. Over the years, it has expanded into cloud computing with Amazon Web Services (AWS), digital advertising, streaming services, audiobooks, music, pharmacy, and grocery retail through Whole Foods, transforming into a diversified tech powerhouse.For a long time, Amazon shares were seen as essential but often too expensive for many investors. With recent market movements, however, the question arises: has Amazon finally reached a price point that makes i
How Indian Property Buyers Can Safely Pay for Real Estate in the UAE
Dubai continues to be one of the most preferred destinations for Indian property buyers, whether the goal is investment, holiday use or future relocation. With modern infrastructure, attractive visa options and a tax-friendly environment, interest from India has been rising steadily year after year, making Indian buyers the largest segment of foreign investors in the UAE real estate market.However, with this growing investment flow, authorities in India have become more alert to how overseas pro
Abu Dhabi to invest Dh240 billion in infrastructure over the next 7 to 10 years
Abu Dhabi will invest Dh240 billion ($65.4 billion) over the coming years in infrastructure development, with a strong role for private-sector entities, as the emirate sees its population doubling by 2040, a senior official said on Monday.“A lot of people think infrastructure is construction, but it touches a lot of different economic sectors — hospitality, healthcare, education, construction and transportation, etc. When the government actually pumps a lot of investment into infrastructure and
UAE Drivers Reveal: Toll and Parking Fees Hurt Wallets More Than Fuel – Here’s How They’re Saving Big
While fuel prices saw an uptick this July, many motorists in the UAE are saying it’s not petrol that’s burning a hole in their pockets—it’s the mounting costs of Salik tolls and paid parking.A recent poll on Gulf News’ official Instagram showed that 67% of participants find daily toll and parking fees tougher to manage than fuel expenses.With the introduction of peak-hour pricing for both Salik and public parking, residents are adapting their daily routines to keep costs down without sacrificing
UAE Money-Saving Apps: Enjoy Luxury and Experiences Without Breaking the Bank
Living in the UAE can be expensive, especially if you enjoy dining out, family outings, or exploring the city’s many attractions. Luckily, a variety of apps can help you make your dirhams stretch further—whether for meals, leisure, or everyday activities. Here’s a guide to some of the top money-saving apps in the UAE.The EntertainerOne of the most popular money-saving apps in the region, The Entertainer offers thousands of deals across dining, attractions, theme parks, spas, salons, fitness cent
6 practical property trends useful to UAE residents
Dubai’s property market is undergoing a powerful transformation in 2026, with new data from Amaal revealing how population growth, foreign capital, and the surge in off-plan projects are changing how UAE residents approach homeownership and investment. Over 94,000 investors entered Dubai’s real estate scene in just six months — nearly half of them local residents — signaling a shift in both lifestyle and financial priorities.
Europe's auto industry future may be electric even after EU climbdown
Brussels' proposal to abandon a 2035 deadline for a total shift to fully electric driving allows Europe's legacy carmakers more time to sell hybrids, but for the longer term, EVs are still the future, analysts and experts said.Last month, the European Commission published plans to abandon an effective 2035 ban on combustion engine cars, after lobbying from the region's auto sector, helping them better compete against fast-moving Chinese rivals.Plug-in hybrids, range-extended EVs, which use a sma
理想の働き方は見つかる？看護師求人の選び方と成功のコツとは
看護師として新しいキャリアを始めたい方、復職を考えている方にとって、「自分に合った看護師求人をどう選べばいいのか」は大きな悩みです。この記事では、看護師求人の種類やメリット、探し方、準備の方法までを詳しく解説します。理想の働き方を叶える第一歩を踏み出しましょう。看護師求人の種類とは？職場ごとの特徴を比較看護師求人には多様な職場選択肢があります。たとえば、総合病院では専門性を高めながらキャリアアップが可能ですが、夜勤やシフト勤務が多いのが特徴です。クリニックは比較的軽度な患者を対象にし、日中勤務が中心で働きやすさがあります。介護施設では高齢者との関わりが多く、コミュニケーション能力が重視されます。また、訪問看護は柔軟なスケジュールが魅力。さらに、企業や学校の看護職もあり、健康管理に特化した業務で日勤のみの職場が多くあります。フルタイム・パート・夜勤専従など、自分のライフスタイルに合った看護師求人を選ぶことが重要です。看護師求人の魅力と課題を理解しよう看護師求人には多くのメリットがあります。医療業界は安定性が高く、看護師は需要も大きいため安定した収入が期待できます。また、患者の命や健康を支
5 Tech-Savvy Ways to Earn Extra Income in the UAE
The cost of living in the UAE has been steadily rising, from rent to groceries, making it more important than ever to explore ways to earn extra income. Thankfully, technology offers several innovative options for generating side income, some simple and others requiring a bit more effort or investment. Here are five tech-based opportunities to consider.
Buying a Luxury Apartment in Tel Aviv: Your Ultimate Guide to Navigating the "Bubble"
Thinking about buying a luxury apartment in Tel Aviv? You're targeting one of the world's most dynamic, desirable, and competitive real estate markets. Securing your dream home here isn't just a transaction; it's a strategic endeavor. This guide provides the essential insights you need to navigate the Tel Aviv luxury landscape with confidence and make a smart, informed investment.
UAE Home Prices Could Soften from 2026 as Massive Supply Boost Reshapes Market
The UAE property market is set for a shift in the coming years, with analysts expecting prices to cool slightly as a surge of new housing supply enters the market. A new outlook from Moody’s Ratings suggests that more than 150,000 homes will be completed between 2026 and 2027, easing the pace of price growth and offering greater stability for both buyers and renters.More homes, more choiceThe expected additions represent close to a 20% increase in Dubai’s housing stock. Moody’s forecasts that th
UAE Court Orders Employer to Pay Over Dh1.54 Million to Employee in Salary Dispute
The Abu Dhabi Court of Cassation has ruled in favour of an employee, ordering his former employer to pay more than Dh1.54 million in unpaid salaries and leave allowances. The case highlights the legal weight of a written employment contract over other forms of evidence.
Souq al Haraj: A Guide to Sharjah’s Auto Market
Souq Al Haraj plays a central role in the Sharjah auto market, serving buyers, sellers, and exporters looking for scale, choice, and competitive pricing. Known across the UAE for its size and dealer density, the market continues to shape how vehicles are traded in the northern emirates.All About Souq Al HarajSouq Al Haraj has grown into a dedicated automotive destination rather than a simple collection of showrooms. It brings together sales, inspections, registration, insurance, accessories, and
South Africa's Historic Triumph: Stunning Comeback Seals World Test Championship Glory Against Australia
In a breathtaking display of resilience and skill, South Africa etched their name in cricket history by clinching the World Test Championship title with a thrilling five-wicket victory over defending champions Australia at Lord's on Saturday. The Proteas completed an extraordinary turnaround by chasing down a daunting 282-run target, overcoming years of heartbreak in major tournaments.
The final day unfolded with nail-biting tension as South Africa carefully accumulated the remaining 69 runs req
腰がつらい…反り腰改善なら東京の専門整体＆パーソナルトレーニング
毎日デスクワークをしている鈴木さん（仮名）は、立ち上がるたびに腰の痛みを感じていました。長時間座ると腰が浮く感じがして、夜も寝返りがつらく、肩こりや疲れも取れません。周囲から「姿勢が悪いね」と言われるたびに落ち込む日々…。こんな悩みを抱えている方、多いのではないでしょうか？実は、こうした症状の多くは「反り腰」が原因です。日本整形外科学会によると、成人の約60％が慢性的な腰痛を抱えており、その多くが姿勢の崩れに起因しています。「朝起きると腰が重い」「椅子に座ると腰が浮く」「夜、痛みで目が覚める」 もしこれらに当てはまるなら、あなたの腰もSOSを出しているかもしれません。パーソナルトレーニングで行う反り腰改善動作キャット＆カウ（Cat & Cow） 四つん這いになり、背中を丸める→反らすをゆっくり繰り返す 腰の柔軟性アップ、腹筋・背筋のバランス改善ブリッジ（Bridge） 仰向けで膝を曲げ、腰をゆっくり持ち上げる お尻と背筋を鍛え、反り腰の補正に効果的プランク（Plank） 腹筋・体幹を強化し、腰への負担を軽減例：鈴木さんは毎朝5分、キャット＆カウ＋ブリッジを実践。2週間で
L'Oréal Derma 2026: A Landmark Gathering of 1,000+ Dermatology Experts in Abu Dhabi
Celebrating both cutting-edge dermatological innovation and La Roche-Posay's golden anniversary, this year's event set new benchmarks for professional collaboration in skincare science.
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