Author: Editorial Team
CAPITALS, 17th September, 2026 (WAM) — Gold prices rose more than 1 percent on Thursday after hitting a near six-week low in the previous session. Spot gold was up 1.1 percent at US$4,310.49 per ounce as of 01:49 GMT, while US gold futures for December delivery were down roughly 1 percent at $4,348.70. Spot silver rose 1.4 percent at $63.83, platinum firmed 1.6 percent to $1,780.55 and palladium climbed 2 percent to $1,295.00. Source: Emirates News Agency
ABU DHABI, 16th September, 2026 (WAM) — EDGE Group and Hanwha have strengthened strategic cooperation on the development of an integrated air defence system. The two companies signed a Term Sheet at EDGE Group’s headquarters in Abu Dhabi, with senior executives from both companies in attendance. The Term Sheet outlines the direction of cooperation related to the UAE’s integrated air defence requirements, including the South Korean Long-Range Surface-to-Air Missile (L-SAM) system, additional Medium-Range Surface-to-Air Missile (M-SAM) capabilities, and the Chunmoo Multiple Rocket Launcher System (MRLS). The signing marks a step toward a long-term strategic partnership between the two companies, expanding…
DUBAI, 16th September, 2026 (WAM) — H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, approved the implementation of the New Fourth Corridor project in Dubai. Extending from Al Faya Road in Abu Dhabi to Al Shanouf Road in Sharjah, the corridor will span approximately 80km and will be implemented in two phases. The first phase will extend from Al Shanouf Road in Sharjah to Dubai–Al Ain Road at a cost of around AED3.5 billion. The project will…
Motorists using Dubai’s planned Fourth Corridor could see journey times on parts of the route slashed by more than half, with one section cutting a 35-minute drive to just 14 minutes. Details of the project show the 80km corridor will be developed in two phases, which are expected to serve around 600,000 and 3.1 million people, respectively. The project is being called the Fourth Corridor because it will become the fourth strategic road axis linking the UAE’s emirates, after Sheikh Zayed Road/Al Ittihad Road, Sheikh Mohammed bin Zayed Road and Emirates Road. Stay up to date with the latest news.…
SHARJAH, 17th September, 2026 (WAM) — More than 80 speakers from around the world will take part in the Sharjah Investment Forum (SIF 2026), with British entrepreneur and investor Simon Squibb and Indian entrepreneur and AI developer Varun Mayya among this year’s speakers. Taking place on October 14–15 at Al Jawaher Reception and Convention Centre in Sharjah, the forum will bring their practical insights in company-building, investment and technology innovation to Sharjah’s business community. Organised by the Sharjah FDI Office (Invest in Sharjah) in collaboration with the UAE Ministry of Investment, the ninth edition will be held under the theme…
SHARJAH, 17th September, 2026 (WAM) — The Sharjah Chamber of Commerce and Industry (SCCI) held discussions with the Embassy of Zimbabwe in the UAE on enhancing bilateral economic and trade cooperation and exploring opportunities to expand business engagement between the two markets. The discussions focused on identifying investment prospects across high-potential sectors, including agriculture, mining, and tourism, and exploring mechanisms to facilitate trade flows between Sharjah and Zimbabwe, thereby creating new pathways for business growth and partnership. Abdallah Sultan Al Owais, Chairman of SCCI, received Isaac Annanias Moyo, Ambassador of the Republic of Zimbabwe to the UAE, at a meeting…
SHARJAH, 17th September, 2026 (WAM) — Sharjah Media City (Shams) has signed a Memorandum of Understanding (MoU) with Wio Bank to support entrepreneurs, startups, and small and medium-sized enterprises (SMEs) in the UAE by providing integrated digital banking solutions that simplify the business journey and support sustainable growth. The partnership reflects Shams’ ongoing efforts to develop an integrated ecosystem that supports the business community and provides innovative services and solutions to help entrepreneurs move seamlessly from establishing their businesses to managing operations and expanding their ventures. Under the MoU, Shams and Wio Business will collaborate to provide the Shams community…
DUBAI, 17th September, 2026 (WAM) — Day one of GISEC Global 2026 delivered a high impact programme that brought emerging AI enabled threats, national cyber resilience and critical infrastructure protection into sharp focus, as international experts examined the technologies and geopolitical forces reshaping the cybersecurity landscape. Across the Main Stage, discussions examined how artificial intelligence is transforming both cyber defence and cybercrime. During ‘Cybersecurity Is Defining the New Order,’ Dr Mohamed Al Kuwaiti, Head of the UAE Cybersecurity Council, explored the strategic implications of AI-enabled cyber threats, with critical infrastructure remaining a major target. He stressed that cyber resilience is…
World-leading rare book dealers Peter Harrington will offer an attractive copy of David Bryce’s celebrated miniature Quran, one of the most iconic miniature books ever produced, at this year’s Abu Dhabi International Book Fair. Printed in Glasgow in the late 1890s, the photolithographed Bryce Quran was the earliest European-printed edition of the Quran in miniature format. Bryce produced his miniature Qurans for Muslim readers across Europe, the Indian subcontinent, East Africa, and the Middle East. Initially sold with a protective metal locket with an inset magnifying lens, the edition combined remarkable technical achievement with commercial success. Earlier miniature Qurans had…
CAPITALS, 17th September, 2026 (WAM) — Gold prices continued to decline on the eve of the Federal Reserve’s decision to raise interest rates by a quarter of a percentage point. The yellow metal fell 1% in spot trading to reach $4,249 per ounce. Several central banks raised their key interest rates today following the US central bank’s decision, including the central banks of Saudi Arabia, Oman, Qatar, and Bahrain, while the Central Bank of Kuwait kept its interest rates unchanged. Source: Emirates News Agency