Bloomberg For the first time in seven years, gold has fared poorly in August. Metal for immediate delivery dropped 2.2 percent this month as the Federal Reserve moved closer to raising interest rates and bullion purchases for exchange-traded funds slowed. The loss is unusual because, even as prices plunged during the past five years, gold always rose during August …

  ABU DHABI / Emirates Business The ICT Fund, the financing tool of the Telecommunications Regulatory Authority (TRA) has announced it is organizing the UAE Drones for Good Award and the UAE AI Robotics for Good Award, two different sets of competitions each having local and international categories. The awards aim to encourage innovative ideas and designs intended to help …

  Sharjah / Emirates Business Sharjah’s dynamic literary landscape took centre stage at an important international forum when two representatives from the Sharjah’s based cultural project took part in the recently concluded IFLA World Library and Information Congress. Rashid Al Kous, General Manager of Knowledge without Borders (KwB) and Majd Al Shehhi, Manager of its 1001 Titles initiative, both participated …