Dubai gold prices were on track to finish the week lower as elevated energy prices and inflation concerns fuelled expectations of another US Federal Reserve rate hike. In the UAE, 24-karat gold held at Dh514.25 per gram on Friday, representing a Dh40 drop over the past 28 days. Analysts noted that resilient Chinese demand and safe-haven buying continue to provide underlying support for the metal.
The Modern Buildings Summit Dubai 2026 will take place on October 14–15, 2026, at Dusit Thani, Dubai. The summit brings together GCC built environment leaders to discuss smart building technologies, decarbonisation, and energy efficiency. Agenda topics include retrofitting, artificial intelligence, building automation, and net-zero building operations.
The Modern Buildings Summit Dubai 2026 is scheduled to take place on 14–15 October 2026 at Dusit Thani, Dubai. The event will convene built environment professionals and decision-makers from across the GCC to discuss green building strategies, low-carbon development, and net-zero technologies. World Business Outlook serves as the official media partner for the industry gathering.
Global oil prices rose as the U.S. and Iran traded threats amid their seven-month war, stoking maritime security concerns in the Strait of Hormuz and Red Sea. A commercial vessel was hit in the Strait of Hormuz, leaving one crew member dead, while talks on a seven-day reopening proposal remain preliminary. Chinese President Xi Jinping has called for the conflict to be resolved through negotiations.
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