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THIS MORNING: India restricts gold and silver imports from the UAE + Make It in the Emirates wraps today
Plus: Actis is eyeing data centers in the UAE and Saudi Arabia
US stocks see historic “bull crash” amid recession, trade war fears, with investors shifting towards safer assets like gold
The stocks’ declining appeal is due to the trade war and concerns over stagflation
PlaysOut raises USD 7 mn in seed funding round
Gold trading startup Oro Labs also secured USD 1.5 mn
Hubpay and Aquanow roll out UAE's first crypto payment facility
PLUS: Bybit secures IPA for a new UAE platform
THIS MORNING: Dubai to tighten oversight on foreign banks
PLUS: Made-in-UAE gold jewellery set to double
Bright East Holding 1 acquires 100% of Emirates Gold
Bright East acquires Emirates Gold: Dubai-based precious metals refinery EmiratesGold was fully acquired by Bright East Holding 1, an ADGM-registered…
Gold picked up yesterday after US job opening data disappointed
It’s all eyes on DC for Jobs Friday tomorrow
Gold soars as investors pencil in September rate cuts and a weakening USD
Gold prices are up 22% in 2024 so far
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