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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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Sony's PlayStation Network restored after 24-hour worldwide outage
February 9th, 2025 - 07:03 GMT
Reema Tuqan

Sony's PlayStation Network restored after 24-hour worldwide outage

‘Bait Al Khazaf’ Celebrates Pottery and Artistic Talent at 13th Sikka Art & Design Festival
February 9th, 2025 - 06:06 GMT

‘Bait Al Khazaf’ Celebrates Pottery and Artistic Talent at 13th Sikka Art & Design Festival

Renowned Journalist Nikole Hannah-Jones and Olympian Ibtihaj Muhammad Headline GU-Q’s Celebration of Black Storytelling
February 9th, 2025 - 04:58 GMT

Renowned Journalist Nikole Hannah-Jones and Olympian Ibtihaj Muhammad Headline GU-Q’s Celebration of Black Storytelling

Dubai Chambers signs an MoU with United States Chamber of Commerce
February 9th, 2025 - 04:55 GMT

Dubai Chambers signs an MoU with United States Chamber of Commerce

 Azizi Developments sponsors 6th meeting of the Dubai Racing Carnival
February 9th, 2025 - 04:51 GMT

Azizi Developments sponsors 6th meeting of the Dubai Racing Carnival

H.H. Sheikh Ahmed bin Saeed Al Maktoum visits flydubai’s new Flight Training centre
February 9th, 2025 - 04:44 GMT

H.H. Sheikh Ahmed bin Saeed Al Maktoum visits flydubai’s new Flight Training centre

 A strategic partnership between Markaz and Loyac to nurture and develop young talents
February 9th, 2025 - 04:39 GMT

A strategic partnership between Markaz and Loyac to nurture and develop young talents

Dubai hotels offering exclusive Valentine's night packages for $68K
February 8th, 2025 - 05:30 GMT
Reema Tuqan

Dubai hotels offering exclusive Valentine's night packages for $68K

Meta announces layoff of 3,000 employees
February 8th, 2025 - 02:26 GMT
Reema Tuqan

Meta announces layoff of 3,000 employees

How to avoid new crypto scams
February 7th, 2025 - 10:45 GMT
Reema Tuqan

How to avoid new crypto scams

OpenAI to develop AI-powered mobile device
February 7th, 2025 - 09:35 GMT
Reema Tuqan

OpenAI to develop AI-powered mobile device

Aspetar Celebrates Diamond-Level Accreditation with Perfect Score for Second Time
February 6th, 2025 - 01:32 GMT

Aspetar Celebrates Diamond-Level Accreditation with Perfect Score for Second Time

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