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BUSINESS

BUSINESS latest

Gold jumps 2% to two-week high as weak U.S. data fuels Fed rate cut bets
November 10th, 2025 - 10:45 GMT
Albawaba Business

Albawaba Business

Gold jumps 2% to two-week high as weak U.S. data fuels Fed rate cut bets

ALBAWABA- Gold prices surged 2% on Monday to their highest level in two weeks, driven by mounting expectations of a Federal Reserve rate cut next month and renewed safe-haven demand amid global economic and geopolitical uncertainty. A softer U.S. dollar further bolstered bullion’s appeal. According to Reuters , spot gold climbed 2% to $4,078.45 per ounce by 09:56 GMT—its strongest level since October 27—while U.S. gold futures for December delivery ...
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Dubai’s Omining unveils first African Site in Kenya’s Special Economic Zone
June 25th, 2025 - 08:23 GMT

Dubai’s Omining unveils first African Site in Kenya’s Special Economic Zone

Dubai Investments Breaks Ground on Asayel Avenue, Expanding the AED 2.2 billion Mirdif Hills Development
June 25th, 2025 - 08:19 GMT

Dubai Investments Breaks Ground on Asayel Avenue, Expanding the AED 2.2 billion Mirdif Hills Development

Union Coop Reaffirms Supply Chain Stability and Commitment to Supporting Local Products Amid Regional Developments
June 25th, 2025 - 08:14 GMT

Union Coop Reaffirms Supply Chain Stability and Commitment to Supporting Local Products Amid Regional Developments

Enjoy 20% Off O Plus Plans for 10 Days Only
June 25th, 2025 - 08:14 GMT

Enjoy 20% Off O Plus Plans for 10 Days Only

AVEVA unveils key learnings from AVEVA 2024 Sustainability Report
June 25th, 2025 - 08:01 GMT

AVEVA unveils key learnings from AVEVA 2024 Sustainability Report

Gartner Predicts Over 40% of Agentic AI Projects Will Be Canceled By End of 2027
June 25th, 2025 - 07:42 GMT

Gartner Predicts Over 40% of Agentic AI Projects Will Be Canceled By End of 2027

Global Village opens Retail Shops and Guest Services categories for Season 30
June 25th, 2025 - 07:30 GMT

Global Village opens Retail Shops and Guest Services categories for Season 30

Forge Tomorrow: The New Lenovo™ Legion 9i (18”, 10) Brings Games to Life for Gamers and Developers from Vision to Victory
June 25th, 2025 - 06:29 GMT

Forge Tomorrow: The New Lenovo™ Legion 9i (18”, 10) Brings Games to Life for Gamers and Developers from Vision to Victory

Jørgen Vig Knudstorp Nominated to Join NIKE, Inc. Board of Directors
June 25th, 2025 - 05:55 GMT

Jørgen Vig Knudstorp Nominated to Join NIKE, Inc. Board of Directors

NetApp Appoints Disruptive Innovator Syam Nair as Chief Product Officer, Underscoring its Commitment to Bold Product Vision
June 25th, 2025 - 05:52 GMT

NetApp Appoints Disruptive Innovator Syam Nair as Chief Product Officer, Underscoring its Commitment to Bold Product Vision

ManageEngine Launches MSP Central: A Platform Built for Strengthening  Modern MSP Infrastructure
June 25th, 2025 - 05:49 GMT

ManageEngine Launches MSP Central: A Platform Built for Strengthening Modern MSP Infrastructure

JAGGAER Introduces First Intelligent AI Copilot for Procurement Transformation
June 25th, 2025 - 05:46 GMT

JAGGAER Introduces First Intelligent AI Copilot for Procurement Transformation

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