Wednesday , 10 June 2026

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Gold edges higher on easing Treasury yields

WORLD CAPITALS / WAM Gold edged higher on Tuesday, supported by lower Treasury ‌yields. Spot gold rose 0.5 percent to $4,507.56 per ounce by 0420 ​GMT. US gold futures for August delivery gained 0.7 percent to $4,538. Among other metals, spot silver rose 0.9 percent to $75.49 per ounce, platinum gained 1.3 percent to $1,947.95 and palladium inched 0.3 percent …

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RAK Ruler receives outgoing Maltese Ambassador

RAS AL KHAIMAH / WAM H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, today received Maria Camilleri Calleja, Ambassador of the Republic of Malta to the UAE, at his palace in Saqr bin Mohammed City, who paid a courtesy visit to mark the end of her tenure in the country. H.H. affirmed …

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Positron AI establishes first presence outside US in DIFC to drive next-generation AI inference

DUBAI/WAM  Positron AI ​​Ltd, a US-based developer of next-generation specialised AI inference infrastructure, has established its ​first ​presence outside the United States in the Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia region. The DIFC licence marks a key milestone in Positron’s regional expansion. The company has raised more than …

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