Bloomberg Gold steadied near the lowest in more than nine months in the run-up to US inflation data this week that’s set to shape the magnitude of the Federal Reserve’s next rate hike. Investors concerned about the prospect of a global economic downturn have turned in droves to the greenback, which is already up more than 2% this month. ...

Bloomberg Oil declined as a renewed increase in China’s virus cases fed into weakness across global markets. West Texas Intermediate dropped near $102 a barrel. Covid-19 cases continued to climb in Shanghai and other regions, with new sub-variants posing a challenge to the country’s Covid Zero strategy. Oil also fell on a stronger dollar, and on the cancellation of a ...

  MAKKAH / WAM Roboting, a newly-introduced state-of-the-art service, has been launched at the Grand Mosque this year to distribute Islam’s holy book of Quran to worshippers as they finish their Hajj journey in Makkah, SPA reported. Giving an account on the device, the Under-Secretary of the General President for the Two Holy Mosques Affairs for the Guiding Affairs of ...

  Abu Dhabi / WAM The UAE government and the International Committee of the Red Cross (ICRC) signed an agreement to establish an office for the ICRC in Abu Dhabi. This step aims at strengthening cooperation and partnership between the two sides. The agreement was signed by Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation, and by ...

  Abu Dhabi / WAM The Abu Dhabi Chamber of Commerce and Industry has organised an awareness session on increasing Emiratisation rates in the private sector in cooperation with the Ministry of Human Resources and Emiratisation, the Abu Dhabi Department of Economic Development – (Added), and the Emirati Talent Competitiveness Council. Held at the chamber’s tower in Abu Dhabi, the ...

Abu Dhabi / WAM Abdullah bin Touq Al Marri, Minister of Economy and Chairman of the UAE International Investors Council (UAEIIC), said that the council has established a key platform to unite the efforts of the public and private sectors, with a clear vision to protect and support the interests of Emirati companies and investments abroad. He made this statement ...

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) organises the Water, Energy, Technology, and Environment Exhibition (Wetex) and Dubai Solar Show from September 27-29. Since its launch in 1999, Wetex has witnessed significant growth and has become one of the most prominent global exhibitions specialised in water, energy, sustainability, green technologies, renewable and clean energy, green buildings, electric ...

  ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 162,046 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. ...

  Dubai / WAM Since he received his driving license in 1991, Corporal Salem Misad Althibani from the General Department of Organisation Protective Security and Emergency at Dubai Police has never been fined for any traffic violations nor been involved a traffic accident. Lieutenant General Abdullah Khalifa Al Marri, Commander-in-Chief of Dubai Police, recognised Corporal Althibani for his remarkable adherence ...

  Sharjah / WAM Sharjah Museums Authority (SMA) is gearing up to launch its Happy Holiday Summer Camp 2022, offering a wide range of educational and fun-filled activities in Arabic and English languages for children aged between 6-12 across its museums in Sharjah. The first phase of the summer camp will kick off on July 18 at Sharjah Aquarium, Sharjah ...