WORLD CAPITALS / WAM Gold prices took a breather from a record-breaking rally on Monday, with traders awaiting a key inflation report for fresh clues on the timing of rate cuts. According to Reuters, spot gold was steady at $2,179.97 per ounce, as of 0731 GMT. US gold futures were also little moved at $2,186.70. Gold climbed a record peak …

DUBAI / WAM Dubai Multi Commodities Centre (DMCC) on Monday published its 2023 Annual Report and confirmed its second-best year on record as companies continue to flock to its business district. A total of 2,692 new companies joined DMCC last year, bringing the total number of companies in DMCC to over 24,000. The launch of new industry ecosystems, the expanded …

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has received congratulatory messages from Kings, Presidents, and Emirs of Arab and Islamic nations, on the occasion of the Holy Month of Ramadan. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed …