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UAE, Asia drive gold investment boom as global demand hits record $193 billion
Global gold demand value surged 74 per cent year on year to a record $193 billion (Dh708 billion) in the first quarter of 2026, driven by higher prices and strong investment demand, according to a World Gold Council report.Total gold demand rose 2 per cent to 1,231 tonnes during the quarter. The increase in value was largely due to a sharp price increase. Gold averaged $4,873 (Dh17,899) per ounce and reached a record high of $5,405 (Dh19,853) in January before easing.Investment demand was the ma...
Russia’s PD-8 aircraft engine for SJ-100 passes hailstorm exposure tests
According to the statement, the tests took place on an open rig at the Rybinsk-based UEC-Saturn enterprise, where the aircraft’s exposure to hailstorm conditions was simulated at various altitudes and flight speeds
US Vs Iran: ईरान के तेल पर ट्रंप का ट्रिपल अटैक, अब कैसे बचेगा? इकोनॉमी हो जाएगी क्रैश
US Vs Iran
UP में हजारों करोड़ के 7 एक्सप्रेसवे! इन 5 पर नहीं चलता FASTag एनुअल पास
UP FASTag
UAE will not increase oil production after leaving OPEC — minister
The UAE will remain a "responsible producer," Suhail Mohamed Al Mazrouei stated
Sensex jumps 1,000 points: What's driving the rally on Dalal Street today?
Sensex jumps points Whats driving the rally on Dalal Street today
1 litre ethanol needs 10,000 litres water: Hidden cost of India's fuel push
litre ethanol needs litres water Hidden cost of Indias fuel push
Venezuela may follow UAE in leaving OPEC under US leader's pressure — The Globe and Mail
The UAE’s exit from OPEC was a gift to Donald Trump, who has long criticized the group’s influence on global oil prices, the newspaper noted
Large-cap Earnings Overshadow Iran Stalemate: 3-Minutes MLIV
Anna Edwards, Guy Johnson, Tom Mackenzie and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
UAE exit from OPEC signals shift away from strict cartel discipline — expert
In Ajai Malhotra's view, this opens up additional opportunities for major importing countries to negotiate more favorable supply terms
Russian stock market rises at start of main trading session
The yuan gained 2.6 kopecks compared to the previous close to 11.006 rubles
Crop Prices Hit Highest Since 2023 as War and Bad Weather Bite
The extended closure of the Strait of Hormuz and extreme weather have jolted the price index for farm commodities to a two-year high as fertilizer headaches and the prospect of smaller harvests drive food inflation risks.
Deutsche CFO Says Credit, FX Continue to 'Outperform' Expectations
Deutsche Bank CFO Raja Akram discusses the lender's first-quarter results, fixed-income trading and global uncertainty in light of the situation in the Middle East. "Credit and FX continue to outperform our expectations," Akram tells Bloomberg's Oliver Crook. (Source: Bloomberg)
Jet2 sees passengers book at the last minute amid Iran war worries
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Modon’s Tara Park on Reem Island sells out with Dh2 billion in sales
Modon has announced the sell-out of Tara Park, a residential development on Reem Island, with the project generating approximately Dh2 billion in sales. The milestone reflects strong investor confidence and sustained demand, underscoring the emirate's growing position as a global safe-haven investment destination. Tara Park comprises six residential towers with 834 apartments across one-, two-, and three-bedroom layouts. Connected to Reem Ma...
European Stocks Close Lower on Oil Surge, Mixed Earnings
European stocks closed lower, as the prospect of a prolonged naval blockade of Iranian ports soured risk sentiment amid mixed earnings results.
Sber net profit under IFRS rises by 16.5% to $6.74 bln in Q1
Net interest income rose by 18.2% in the Q1, while net fee and commission income increased by 0.6%
Kpler Sees Brent as High as $125 If Blockade Continues
Homayoun Falakshahi, head of crude oil analysis at Kpler, discusses energy markets as investors focus on the next step for peace talks between the US and Iran. He tells Bloomberg Television that should the US manage to sustain its blockade of the Strait of Hormuz for another two months, "Iran's oil revenues will drop to zero." Falakshahi also warns that should the waterway remain closed for another two months, prices for oil could go back to "roughly 120, 125 [dollars a barrel] for Brent." (Sour...
TotalEnergies increases LNG sales by 1% in Q1
According to the report, LNG sales volumes totaled 12.4 mln tons versus 12.2 mln tons a year earlier
This new form replaces 15G, 15H as PF rules get simpler. What it means for you
This new form replaces G H as PF rules get simpler What it means for you