Dubai gold prices fall below Dh500 as dollar strengthens
According to data by Dubai Jewellery Group, the 24K gold price was trading at Dh498.25 per gram at the market open on Wednesday, down from Dh504
Business
Oil falls as Russian diesel supply prospects counter Gulf supply risks
Oil falls as Russian diesel supply prospects counter Gulf supply risks
Business
إضاءة دبي
Moscow, Russia – October 13, 2026 – (SeaPRwire) – On 13 October, the Russian international settlement system A7, created by Bank PSB, is set to present A7 International, a service enabling payments for a foreign counterparty’s invoice in USDT, with the funds arriving via a standard SWIFT bank transfer in the required currency. The service will cater […]
Business
IMF slashes Middle East growth outlook due to war disruptions
IMF slashes Middle East growth outlook due to war disruptions The International Monetary Fund (IMF) has sharply cut growth forecasts for the Middle East and Central Asia in 2026 amid the ongoing conflict in the region. Saudi Arabia's GDP is expected to contract by 3.3 percent this year, the IMF said in its latest World Economic Outlook report, adding that the kingdom was among the least affected in the region.