News
Policy updates, China–UAE developments, industry news and official Middle East travel alerts.
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 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.
Brent crude climbed back over $105 a barrel amid warnings of expanding conflict between the United States and Iran. Maritime risks mounted following a fatal commercial ship strike in the Strait of Hormuz and threats to Red Sea energy routes. Diplomatic discussions during the United Nations General Assembly have produced little sign of a peace deal.
Indian diplomatic missions in the UAE have advised nationals travelling to or residing in the country to secure adequate medical insurance. The advisory follows multiple reports of travellers and expatriates facing exorbitant medical bills that exceeded their financial capacity. The missions stressed that policies must cover cashless treatment facilities and medical repatriation to India.
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