Gold prices remained relatively stable today, reflecting the ongoing global uncertainty influenced by the current Middle East crisis. As of the latest reports, the price of 24K gold is valued at ₹14,492 per gram, while silver trades at approximately ₹239 per gram. This trend indicates a sustained interest in precious metals as safe-haven assets during...
The recent decision by Chinese banks to restrict retail gold trading has sent ripples through the global gold market while prices remain steady. On July 24, authorities implemented tighter regulations, but the impact of this measure on international gold pricing and investor behavior remains to be seen. These new restrictions come as part of China’s...
As of July 25, 2026, gold prices in India are holding steady below ₹1.45 lakh per 10 grams, amid ongoing geopolitical tensions in the Middle East. The international spot price of gold has reached approximately $4,031 per ounce, reflecting a complex interplay of market forces that is impacting investor sentiment across the region. The recent...
As of July 24, 2026, gold prices have experienced a slight dip, with the 24K gold rate near ₹1.44 lakh for every 10 grams in major Indian cities such as Delhi, Mumbai, and Chennai. This decline comes against a backdrop of rising tensions in the Middle East, particularly related to the US-Iran blockade, which has...
Emirates NBD, the largest bank in Dubai based on assets, has announced a notable increase in its net profit for the first half of the year, thanks to substantial loan growth. The bank’s net profit reached AED 12.9 billion (approximately $3.5 billion) for the first six months of 2026, marking a 3% rise compared to...
First Abu Dhabi Bank (FAB), the largest bank in the UAE by assets, has recorded a notable increase in both its operating income and net profit for the second quarter and first half of 2026. This performance exceeded the bank’s medium-term expectations, signaling a resilient financial health amid fluctuating market conditions. For the January to...
Gold markets are anticipated to remain relatively stable for the rest of the year, as current conditions are likely to keep the price movements limited. The continuation of elevated U.S. Treasury yields is acting as a significant headwind for gold, with many analysts predicting that its trading range will narrow significantly. This stability in gold...
United Arab Bank P.J.S.C. (UAB) has announced its financial performance for the first half of 2026, revealing a robust net profit of AED201 million. This figure not only highlights the bank’s resilience but also reflects the successful implementation of its financial strategies amidst challenging market conditions. The reported profit signifies a notable achievement, attributed to...
The Commercial Bank of Dubai (CBD) has reported a significant milestone, surpassing Dh100 billion in net loans, marking a robust performance in the first half of 2026. This achievement reflects the bank’s strategic focus on expanding its lending portfolio to support growing demand in various sectors. In addition to the impressive loan figures, CBD recorded...
The SME financing landscape in the United Arab Emirates has been evaluated at approximately $30 billion, reflecting a robust foundation for ongoing growth. This insight comes from a detailed market analysis conducted by Ken Research, which highlights the prevailing financing gaps and investment opportunities that exist within the country’s dynamic SME sector. Given the rapid...