Sunday , 8 February 2026

Recent Posts

DEWA approves Dh3.1 billion dividends to shareholders

DUBAI / WAM Dubai Electricity and Water Authority (DEWA) reported that its shareholders have, in the general assembly held on March 28 2024, approved the payment of total dividend of AED 3.1 billion with a record date of 8th April 2024. The meeting, chaired by Matar Humaid Al Tayer, Chairman of the Board of Directors of DEWA, was attended by …

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Gold holds steady on Thursday

WORLD CAPITALS / WAM Gold prices steadied on Thursday, with spot gold up 0.1% to $2,195.59 per ounce, as of 0503 GMT, Reuters said. Also, US gold futures edged 0.2% higher to $2,195.10. Spot silver was steady at $24.68 per ounce, platinum rose 0.7% to $899.75 and palladium climbed 1.4% to $997.41.

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Asian shares meander after S&P 500 sets another record

BANGKOK / WAM Asian shares were mixed on Thursday after US stocks broke out of a three-day lull to close at a record, Associated Press reported. Oil prices advanced, while US futures edged lower. The dollar remained strong against the Japanese yen and Chinese yuan, a trend that has unsettled regulators in both Tokyo and Beijing. The dollar rose to …

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