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Shutdown, Fed policy, and weak USD push gold to record high
The precious metal surged on safe-haven demand amid compounding market anxiety
THIS MORNING: Gold and diamonds to be tokenized by VARA and DMCC + Riyadh Air to launch Dubai route next month
Plus: Google’s Gemini Pro will be gratis for UAE university students for one year
Asia’s super wealthy look to physical gold trade amid global economic uncertainty
Worldwide, wealthy investors have increased their exposure to gold in 2025 by some 120%
UAE, India eye metals, steel cooperation
Plus: UAE explores cooperation with Greece in tech, energy, and AI
First private developer Select enters Palm Jebel Ali + GEMS launches school-in-a-box venture
Also: Indian mining firm NMDC is setting up shop in Dubai to monitor potential acquisitions
THIS MORNING: Americana eyes Five Guys, Cinnabon operator + More details about Ras Al Khaimah airport’s new terminal
Plus: GulfNav readies convertible bond issuance to fund Brooge acquisition
Mashreq lists USD 500 mn sukuk on Nasdaq Dubai
Plus: EGA inks agreement to enter Ghana’s aluminium market
Dubai’s Bybit sets up EU HQ in Vienna
Egypt’s Madinet Masr expands to UAE, UAE signs three-way push for agriculture, upskilling, and investment support
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