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UAE President honours global dignitaries for contributions to success of COP28

ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today bestowed the First Class Order of Zayed II on several global dignitaries in recognition of their contributions to the success of the 28th Conference of the Parties to the UN Framework Convention on Climate Change (COP28) hosted by the UAE late last year. During the ceremony held in ...

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Gold prices steady as focus turns to US Fed minutes

WORLD CAPITALS/ WAM Gold prices were steady and hovered above key $2,400 level on Wednesday, while investors await minutes from the Federal Reserve’s latest policy meeting for fresh signals on the timing of US interest rate cuts, Reuters reported. Spot gold held its ground at $2,415.35 per ounce,. Bullion hit a record high of $2,449.89 on May 20. US gold ...

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Global shares edge lower after Wall Street sets more records

HONG KONG / WAM European stocks dropped in early trading and Asian markets were mostly lower on Wednesday after US stocks hit new record highs, Associated Press reported. The future for the Dow Jones Industrial Average and that for the S&P 500 both edged 0.1 percent lower. Britain’s FTSE 100 fell 0.5 percent to 8,377.95 after the Office for National ...

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