The Central Bank of Egypt lowered the overnight deposit rate to 22% during its policy meeting on August 28, 2025/ representative Image Gold prices in Egypt surged on Friday, August 29, 2025, with 21-karat gold reaching EGP 4,650 (approximately $97.65), marking a sharp response to the Central Bank of Egypt’s recent decision to lower key […]
Indian-origin Roshan Shah charged in US for a gold scam. (Photo: Greater Milwaukee Today) A 21-year-old India has been charged in Wisconsin for fooling people into believing that they need to part with their gold so that the gold can be kept in a safe box in Washington DC, otherwise they will become targets of […]
The UAE’s gold reserves rose 26% to AED 28.93 billion by May 2025, alongside surging deposits and banking assets/Representative image The UAE’s gold holdings have risen sharply in 2025, alongside broad-based growth in deposits and banking assets, signaling resilient financial momentum. The Central Bank’s latest data reflects sustained strength in local and foreign currency positions, […]
The Ministry of Commerce shut down a foreign website promoting counterfeit gold bullion made of copper coated with gold, targeting Saudi consumers/Representative Image A foreign online store targeting Saudi consumers has been shut down by the Ministry of Commerce for selling counterfeit gold bullion. The move highlights growing regulatory vigilance to safeguard online shoppers from […]
(Image via Getty: Myles Garrett with Chloe Kim) Nothing beats presence; nothing beats spending time with the one who matters, regardless of other life events. Five days ago, Cleveland Browns defensive end Myles Garrett was caught speeding at 100 miles per hour in a 60 miles per hour zone. He was fined $250 to avoid […]
Tim Cook gave a unique gift of 24-K gold and a glass statue to President Trump. Senator Bernie Sanders took a jibe at President Donald Trump and Apple CEO Tim Cook and said if one can’t be rich enough as Qatar to be able to give Trump a $400 million plane, one can be like […]
Made in US: A 24K gift for Trump, a tariff shield for Apple – Tim Cook plays the long game at Oval Office It was a remarkable day for US President Donald Trump at the White House as Apple CEO Tim Cook gifted him an American-made glass engraving. But it is Cook who walked out […]
Four members accused of stealing over 1 million pounds worth of jewellery from London’s Indian and South Asian communities were jailed Friday after they pleaded guilty to burglary.Jerry O’Donnell, Barney Maloney, Quey Adger and Patrick Ward, part of an organised crime network, have been sentenced for a total 17 years and one month after the […]
Dubai gold prices see second-biggest 2025 surge, following the record high of Dh420/gram earlier this year amid the global tariff war. (File) Gold prices in Dubai rose sharply on Friday as escalating tensions between Israel and Iran pushed investors toward traditional safe-haven assets. The 24-karat gold variant jumped by Dh4 (approximately $1.09) per gram, reaching […]
Dubai surpassed the UK in 2023 to become the world’s second-largest gold trading hub, sourcing gold from Africa, Russia, Turkey, and Switzerland./ Image: (File) Dubai’s dazzling gold markets are among the most iconic symbols of its global economic influence. But beyond the glittering displays at the Gold Souq lies a vast international network. From African […]
