WORLD CAPITALS / WAM Gold prices held steady on Thursday as market players remained cautious about the direction of US-Iran ceasefire talks, with a key US inflation report due later in the day also in focus for interest rate clues. Spot gold was little changed at $4,713.79 per ounce, as of 0311 GMT. US gold futures for June delivery fell …
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ABU DHABI/WAM The Central Bank of the United Arab Emirates (CBUAE) and the Central Bank of Bahrain (CBB) announced the establishment of a Currency Swap Agreement between the UAE Dirham (AED) and the Bahraini Dinar (BHD) during a virtual signing ceremony. The agreement has a nominal value of AED 20 billion (BHD 2 billion), with a tenor of five years. …
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NEW YORK/WAM The United Arab Emirates has expressed its deep disappointment at the UN Security Council’s failure to take decisive action to address the global repercussions caused by Iran’s illegal closure of the Strait of Hormuz, and failure to adopt a resolution put forward by Bahrain on behalf of the UAE, the State of Kuwait, the State of Qatar, the …
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GULF TIME An analysis by Bayut, of search activity between 1st and 31st March 2026, compared to January 2026, shows that engagement with property sales listings remained active during the period. While absolute search volumes saw some moderation, the overall demand mix remained largely stable, with the same core communities continuing to attract the highest levels of interest. This pattern …
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ABU DHABI / WAM Abu Dhabi Maritime Academy (ADMA), the region’s leading academic institution for maritime training, and an integral part of AD Ports Group, has signed a research, development, and operational deployment agreement with Minexx, a technology-enabled mining and mineral processing company operating in the Democratic Republic of Congo (DRC). The agreement covers the design and deployment of an …
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ABU DHABI / WAM The Ministry of Defence announced that on Wednesday, 8 April 2026, UAE air defences engaged 17 ballistic missiles and 35 UAVs launched from Iran. Since the onset of the blatant Iranian attacks, UAE air defences have engaged a total of 537 ballistic missiles, 26 cruise missiles, and 2,256 UAVs. These attacks resulted in injuries to 3 …
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RIYADH / GULF TIME As organisations across Saudi Arabia accelerate their adoption of artificial intelligence, research from Nintex, a global leader in agentic business orchestration, has uncovered that many AI initiatives struggle to deliver measurable business value unless organisations first establish strong automation foundations. The findings, based on a survey of C-suite and senior managers directly involved in AI implementation …
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GULF TIME Mrs. Najla Saif Al Shamsi, Chair of the Board of Directors of Research Science Investment, announced the upcoming launch of the “Cultured Teacher” Award across the Arab world at the “Teachers’ National Forum” ceremony. The award aims to recognize the role of teachers in fostering reading, developing awareness and knowledge, and motivating educational professionals toward creativity and excellence, …
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WASHINGTON / WAM U.S. President Donald Trump, just hours ahead of his deadline, said on Tuesday he has agreed to suspend the bombing of Iran for two weeks while accepting a 14-day truce proposal from mediators in the Iran war. Trump said he spoke to leaders in Pakistan, which has been a mediator between Washington and Tehran and which had …
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DUBAI / GULF TIME Almal Real Estate Development, a Dubai-based, award-winning investment and real estate development company, today announced that construction is already 23% completed, at its record-breaking, sold-out project, The Unexpected Al Marjan Island Hotel & Residences in Ras Al Khaimah. Following launch, the project sold out faster than was anticipated, achieving the highest price point per square meter …
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