DUBAI / WAM The Dubai-it Award has announced that nominations for its first edition are open from 10th August to 10th September 2026, inviting individuals, projects, companies, organisations and entities that have worked and achieved results in line with the ‘Dubai-it’ approach and philosophy to participate in the award’s various fields. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice …

AvaTrade has pointed to investors’ concern over rising AI spending as the reason SpaceX shares fell this week, after the company’s first-ever earnings report revealed spending had jumped to more than six times last year’s level. While quarterly revenue nearly doubled year-on-year to $7.8bn, spending ballooned to $18.3bn – more than six times last year’s level – with the bulk …

WORLD CAPITALS/WAM Gold prices ‌firmed on Friday and were on track for their biggest weekly gain since January, helped by weaker oil prices, while investors awaited key US nonfarm payrolls data for clues on the interest rate ​outlook. Spot gold was up 0.6 percent at $4,262.39 per ounce, as of 0421 GMT after ​hitting a seven-week high on Thursday. Prices …