Business

UAE gold prices rise AED2.25, global rates steady as investors await Fed decision

UAE gold prices rise AED2.25, global rates steady as investors await Fed decision

Gold stable pre-Fed decision & Trump tariffs. UAE prices rose; spot gold up slightly. Market eyed potential rate cuts & trade war impact. Silver up; platinum/palladium fell.

Alpha Dhabi acquires majority 73.73 percent share in National Corporation for Tourism and Hotels

Alpha Dhabi acquires majority 73.73 percent share in National Corporation for Tourism and Hotels

Abu Dhabi Holding acquired 73.73% of NCTH, transferring 4 luxury hotels (inc. Cheval Blanc) for shares. NCTH's portfolio grows to 8 hotels, boosting its luxury presence.

Shops and firms will not be forced to accept cash

Shops and firms will not be forced to accept cash

UK won't force businesses to accept cash, despite vulnerable relying on it. Gov focuses on cash access & digital skills, not mandates. Cash use remains high.

Nvidia and Microsoft shares steady after DeepSeek AI app shock

Nvidia and Microsoft shares steady after DeepSeek AI app shock

Chinese AI app DeepSeek's low cost shook US tech. Nvidia rebounded after sell-off. Experts see overreaction, potential AI market growth.

Healthy food costs more than double less healthy options

Healthy food costs more than double less healthy options

Healthy food costs double that of unhealthy food, study shows. Low-income families struggle to afford nutritious diets, with prices rising. Gov to act.

Heathrow third runway: What's the plan for expanding the airport?

Heathrow third runway: What's the plan for expanding the airport?

UK approves Heathrow expansion despite climate concerns. Gatwick & Luton also expanding. Critics cite emissions; supporters say it's economic growth.