Dubai gold price loses Dh5 as 24K trades at Dh473 per gram
Breaking below the $4,000 levels could cause additional selling pressure, especially from physically backed products, says Carsten Menke, head next generation research at Julius Baer
Business
Adnoc, global energy giants strengthen partnerships to secure future supplies
Adnoc, Omv and Inpex executives highlight the importance of resilient operations, diversified supply routes and long-term partnerships as the energy industry navigates geopolitical uncertainty.
Business
Hormuz disruption drives up energy costs as AI fuels demand for electricity
Former US energy envoy Amos Hochstein calls for greater investment in power grids, pipelines and resilient infrastructure to support energy security and AI growth.
Business
UAE’s XRG to acquire Shell’s stake in Australian project for $1.45 billion
Abu Dhabi energy group’s first investment in Australian LNG will give it access to 14.3 million tonnes of annual liquefaction capacity and strengthen its position in Asia-Pacific markets