DUBAI / GULF TIME The DIFC Courts has launched a new Commercial Mediation Scheme through its Mediation Service Centre, to provide businesses with an additional dispute resolution pathway to resolve commercial disputes early, preserve commercial relationships and maintain business continuity. Delivered in collaboration with The Mediation Hub MENA, the six-month initiative will run from 1 July to 31 December 2026. …

ASUNCIÓN / WAM On behalf of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, participated in the Mercosur Summit hosted in Asunción, the capital of the Republic of Paraguay, which brought together the leaders and heads of government of the bloc’s member states and partners. Delivering the UAE’s address …

CAPITALS / WAM Gold prices fell on ‌Wednesday after hitting a seven-month low in the previous session, pressured by higher Treasury yields and concerns over inflation and Federal Reserve rate hikes elevated. Spot ​gold was down 0.7 percent at $3,979.41 per ounce, as of 03:00 GMT. In the ​previous session, bullion slipped to $3,942.99 per ounce, its lowest point since …