Gold and silver prices experienced dramatic declines on Monday as higher margin requirements imposed by CME Group intensified a sharp selloff that began last week following the nomination of Kevin Warsh as the next Federal Reserve chair. Spot gold fell 4.8 percent to $4,630.59 an ounce by early afternoon trading, after tumbling nearly 10 percent earlier in the session, according to market data. The precious metals rout follows a 9.8 percent plunge in gold prices on Friday, bringing total losses to approximately $900 from the January 29 record high of $5,594.82. Spot silver dropped 9.2 percent to $76.81 an ounce…
The Mubadala Abu Dhabi Open continued to deliver high-quality tennis action as several top players…
Spotlight
Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, Supreme Chairwoman of the Family Development Foundation, and known as the Mother of the Emirates, visited the Family Development Foundation to review its services and programs supporting elderly citizens. The visit underscored her commitment to enhancing elderly care services and improving quality of life for families across the UAE. During the visit, Sheikha Fatima was received by Maryam Mohammed Al Rumaithi, Director General of the Family Development Foundation, along with senior officials. The visit came in the context of amendments to Law No. 11 of 2006, modified by Law No.…
UAE President Sheikh Mohamed bin Zayed Al Nahyan met with Democratic Republic of Congo President Félix Tshisekedi to discuss strengthening bilateral relations and expanding cooperation between the two nations. The meeting, held at Qasr Al Shati Palace in Abu Dhabi, focused on advancing shared developmental priorities and enhancing economic ties. President Tshisekedi is currently undertaking a working visit to the UAE. During the discussions, both leaders expressed mutual commitment to advancing UAE-Congo relations across multiple sectors. Sheikh Mohamed welcomed the Congolese president and emphasized that bilateral relations have witnessed continuous development in recent years, particularly in economic, investment, and trade…
More Stories
Umm Al Emarat Park in Abu Dhabi is hosting the second edition of “The Cove…
Nissan is facing mounting challenges in Singapore’s automotive market as dealers and industry experts point…
Terra Mare will host daily Iftar buffets throughout Ramadan, featuring traditional dishes, Turkish specialities and…
HONOR, a global AI device company, has highlighted the popularity of its HONOR Choice Doingtop…
President Donald Trump announced that his administration will seek one billion dollars in compensation from…
The seventh edition of the UAE Jewels Exhibition concluded in Sharjah after a successful five-day…
The UAE Golf Federation concluded the country’s first school golf championship at Al Zorah Golf…
The first edition of the Columbia Mountain Hiking and Adventure Festival brought together 300 adventurers…
Home-based beauty businesses in Singapore are gaining popularity due to convenience and lower costs, but…
Eala, Bejlek, Tjen, Yastremska, Ostapenko and others advance to last 16 Eala takes part in…
The Sharjah Entrepreneurship Festival 2026 has announced the winners of the Young Sharjah Entrepreneurs initiative,…
The UAE modern sailing team secured 10 medals at the Arab Modern Sailing Championship held…
Louvre Abu Dhabi will host performances by renowned international DJs Blaise and Adriatique as part…
Financial bloggers and influencers in Singapore are navigating complex ethical challenges as they balance editorial…
Egyptian President Abdel Fattah el-Sisi and Jordan’s King Abdullah II have emphasized the necessity of…
Ras Al Khaimah Economic Department has completed an extensive inspection campaign during 2025, conducting 43,254…
The organizing committee of the Mubadala Abu Dhabi Open women’s tennis tournament has announced it…
Investors poured billions of dollars into gold exchange-traded funds during January, driven by geopolitical tensions,…
The Belgian government has announced an extension of its internal border verification operations for an…
Dubai witnessed the Young Arab Leaders Forum as part of the preliminary day activities for…
The ninth edition of the Sharjah Entrepreneurship Festival 2026 has concluded with the signing of…
Ankora Lamar has claimed victory at the UAE International Open Polo Championship 2025, defeating Ghantoot…
The Al Wathba Flowers Festival, one of the key events accompanying the Sheikh Mansour bin…
British technology company Binding Solutions has entered into a partnership agreement with Mitsui Iron Ore…