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Tag: Business

Gold Slips as Dollar Strengthens Amid Uncertainty Over Fed’s Next Move
Business

Gold Slips as Dollar Strengthens Amid Uncertainty Over Fed’s Next Move

October 31, 2025

Gold prices edged lower on Friday as a stronger U.S. dollar weighed on investor sentiment, with markets reassessing expectations for…

Nvidia to Supply 260,000 Advanced Chips to Boost South Korea’s AI Ambitions
Business

Nvidia to Supply 260,000 Advanced Chips to Boost South Korea’s AI Ambitions

October 31, 2025

U.S. technology giant Nvidia announced on Friday that it will provide 260,000 of its most advanced graphics processing units (GPUs)…

Global Gold Demand Hits Record High in Third Quarter Amid Geopolitical and Economic Uncertainty
Business

Global Gold Demand Hits Record High in Third Quarter Amid Geopolitical and Economic Uncertainty

October 30, 2025

Gold demand soared to historic levels in the third quarter of 2025 as investors worldwide sought safety from escalating geopolitical…

Amazon to Cut 14,000 Corporate Jobs in Global Restructuring Drive
Business

Amazon to Cut 14,000 Corporate Jobs in Global Restructuring Drive

October 29, 2025

Amazon has confirmed it will eliminate around 14,000 corporate roles worldwide as part of a sweeping restructuring plan aimed at…

QatarEnergy Signs 17-Year LNG Supply Deal with India’s GSPC
Business

QatarEnergy Signs 17-Year LNG Supply Deal with India’s GSPC

October 29, 2025

QatarEnergy has signed a long-term agreement with India’s Gujarat State Petroleum Corporation (GSPC) to supply up to one million tons…

Oil Prices Fall as OPEC Plans Output Increase, U.S. Sanctions Hit Russian Energy Sector
Business

Oil Prices Fall as OPEC Plans Output Increase, U.S. Sanctions Hit Russian Energy Sector

October 28, 2025

Oil prices edged lower on Tuesday, extending their losses for a third consecutive session, as expectations of higher output from…

Gold Prices Slide Amid Global Market Volatility and Easing Trade Tensions
Business

Gold Prices Slide Amid Global Market Volatility and Easing Trade Tensions

October 27, 2025

Gold and silver prices slipped on Monday as global markets remained volatile, weighed down by a mix of technical corrections…

Dollar Rises Ahead of Fed Rate Cut and Trump-Xi Trade Talks
Business

Dollar Rises Ahead of Fed Rate Cut and Trump-Xi Trade Talks

October 27, 2025

The U.S. dollar climbed to its strongest level in more than two weeks against the Japanese yen on Monday, as…

Sharjah Islamic Bank Completes Sale of Treasury Shares Following Strong Q3 Results
Business

Sharjah Islamic Bank Completes Sale of Treasury Shares Following Strong Q3 Results

October 26, 2025

Sharjah Islamic Bank (SIB) has successfully completed the sale of all its treasury shares, totalling 167.67 million shares — equivalent…

Gulf Economies Post Strong Growth in Early 2025, Signalling Continued Stability and Diversification
Business

Gulf Economies Post Strong Growth in Early 2025, Signalling Continued Stability and Diversification

October 26, 2025

The economies of the Gulf Cooperation Council (GCC) countries recorded solid growth in the first quarter of 2025, reflecting the…

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