Thursday, November 5, 2026

Gold prices jump

Dubai: Gold prices jump to a new record high on Monday

Gold prices jumped Dh1 per gram in early trade in Dubai on the first trading day of the week to reach a new record high. At 9am UAE time on Monday, 24K rose to Dh330.5 per gram compared to last...

Gold prices jump to 2,411 per ounce and oil rises 3%

Oil prices jumped more than 3% after news of explosions near the Iranian city of Isfahan. The Iranian Fars News Agency reported hearing explosions near Isfahan Airport, but confirmed that the causes are still unknown. The bombings raise fears of...

Latest News

Bahrain’s King welcomes Iraqi Prime Minister, praises growing ties

King Hamad of Bahrain welcomed Iraqi Prime Minister Ali Fadh Al‑Zaydi, noting significant progress in bilateral relations. Both leaders pledged continued collaboration on security and regional stability.

DIP Holding Sets IPO Price at Dhs1.12 per Share, Valuing Firm at Dhs9.7bn

DIP Holding announced a final IPO price of Dhs1.12 per share, representing a Dhs9.7bn valuation. The offering, representing 20% of its capital, is expected to generate Dhs1.9bn in proceeds.

Oil prices dip to low $90s as Trump dismisses near‑term Iran strike

Crude prices slipped on Thursday, with Brent at $93.63 and U.S. WTI at $87.13. The move follows President Trump’s comment that the United States has no immediate plans to attack Iran.

Dubai police assist pet‑owner after collision on Sheikh Mohammed bin Zayed Road

A rear‑end collision on Sheikh Mohammed bin Zayed Road left a Pakistani expat’s dogs distressed. Dubai police intervened, arranged a pet ambulance and ensured the animals received care.

Trump hints at possible Iran strike as regional tensions rise, US forces mobilize

Four tankers caught fire after hitting mines near the Strait of Hormuz, while the US prepares additional air defenses in Israel. Trump signals readiness for a strike despite unresolved negotiations with Tehran.