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Dubai gold prices were poised to finish the week lower, with 24-karat gold falling Dh40 over 28 days to Dh514.25 per gram on Friday. Market pressure stemmed from elevated energy costs and inflation concerns that drove bond yields higher and fuelled expectations of a Federal Reserve rate hike. Saxo Bank analysts highlighted that sustained demand from China has helped prevent deeper sell-offs in global bullion.
The United Arab Emirates General Civil Aviation Authority has suspended all flights operated by Iranian airlines to and from the UAE effective September 24, 2026, until further notice. The measure follows sweeping US secondary sanctions prohibiting foreign airports from providing landing, refueling, or ticketing services to Iranian carriers. The suspension immediately halts direct air connections between Iranian cities and major UAE hubs, including Dubai.
A delegation of 15 leading Chinese women entrepreneurs has concluded a two-week official visit across the UAE aimed at expanding bilateral trade and investment partnerships. The mission was co-organised by the General Women's Union and the UAE Embassy in Beijing, representing enterprises with combined annual revenues of 4.85 billion yuan. The visiting executives engaged in business forums and site tours covering sectors such as industry, biotechnology, new energy, and investment services.
Iran's Civil Aviation Organization has halted all commercial flights bound for the United Arab Emirates starting midnight on September 24, 2026. The indefinite suspension applies to all Iranian air carriers amid regional airspace complications. A separate flight from Tehran to Dushanbe was also turned back after Turkmenistan denied airspace clearance.
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