Gold Prices Drop After Sharp Rise

After hitting a record high of $5500 per ounce on Thursday, gold fell to $5175 amid profit-taking by investors.

After a sharp rise on Thursday to $5500 per ounce, gold prices fell to $5175 as a wave of profit-taking began. Investors started closing their positions, leading to a decline in the precious metal's value.

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2026-01-29T16:35:21+00:00

Gold Demand Rises in UAE for 2025

World Gold Council data shows investment gold demand in the UAE rose to 14.8 tons in 2025, up from 13.5 tons in 2024. Analysts forecast prices to reach $6,000 per ounce.

Economy Local

2026-01-29T16:29:52+00:00

Dubai Court Orders Repayment for Cybercrime Fraud

A Dubai court has ordered individuals and companies to jointly repay Dh3.903 million to two maritime firms following a fraud and money laundering conviction.

Economy Politics Events Local

2026-01-29T16:24:54+00:00

STARZPLAY Announces Innovations in the Middle East and North Africa

STARZPLAY, the leading video-on-demand platform, announced the launch of new features and content for its users in the region. These changes are designed to enhance the viewing experience and offer more entertainment options.