Author: admin

Gold fell more than 4% on Friday on rumors that the Federal Reserve could get a more hawkish chair, but was still on track for its biggest monthly gain since 1980 as investors flocked to safe havens amid lingering geopolitical and economic tensions. Spot gold fell 3% to $5,232.57 an ounce at 0520 GMT, after earlier falling more than 5%. It hit an all-time high of $5,594.82 on Thursday. Prices are up more than 20% so far in January, heading for the sixth straight month of gains and the biggest monthly gain since 1980. U.S. gold futures for February delivery…

A recent scientific report reported by the Medical Xpress website revealed a study that monitored the association between vitamin D3 supplements and a significant reduction in the risk of skin cancer in a group subjected to long-term health follow-up.The study, which followed thousands of participants over many years, showed that vitamin D3 not only helps support bone health and immunity, but also may have a preventive role in reducing the incidence of skin cancer cells, especially in people who suffer from chronic deficiency of this vitamin. Researchers believe this effect is linked to vitamin D3’s ability to regulate cell division,…

RIYADH – Saudi Arabia’s airports achieved record growth of 9.6 percent by hosting 140.9 million passengers, including 76 million international passengers and 65 million domestic passengers in 2025. According to 2025 statistics, Saudi air traffic exceeded regional rates, reinforcing its position as one of the world’s fastest growing and most advanced aviation markets. This was primarily driven by growth in tourism, global events and increased international air connectivity. A growth rate of 9.6% is more than just a number. It was the result of capacity expansion and air connectivity. This increase coincided with a notable 8.3% increase in the number…

The Kingdom of Saudi Arabia supported the Middle East Green Initiative (MGI) and stressed the importance of regional cooperation and collective action to advance towards achieving the goals of environmental protection, expanding vegetation coverage, and addressing the challenges of desertification, drought, and climate change. Saudi Arabia also announced the start of the operational phase of the initiative and preparations for the launch of an ambitious project. This was stated in a speech by Abdulrahman Al-Fadly, Minister of Environment, Water and Agriculture, who is also the Chairman of the second session of the MGI Council of Ministers, at the conclusion of…

Yesterday (Thursday), Egypt’s acting syndicate announced that renowned artist Mohi Ismail will be transferred from the hospital to the Senior Artists Care Home in the City of October 6, as his health condition has improved and stabilized.Syndicate: Comprehensive care for major artistsIn an official statement, the union confirmed that Mohi Ismail’s transfer is part of its ongoing efforts to provide adequate health and social care to its senior members, and emphasized that it has always been a passionate supporter of artists who have made significant contributions to the arts and culture movement over the years.The union appreciates the long artistic…

Etihad Rail, the developer and operator of the UAE national rail network, has partnered with Italian high-tech company IronLev to conduct the first maglev (maglev) test in the Middle East, introducing a new vision for the future of sustainable rail transport in the region. During trials at the Alfaya warehouse, the technology was proven to be able to cope with heavy labor. During the trial run, the platform successfully transported a 7-tonne container over 1.2 kilometers, Gulf News reported. “This is more than just a fancy science experiment. This is a bold vision for how to move goods and people…

Monitoring carried out by Okaz revealed that gold prices recorded sharp fluctuations yesterday (Thursday), inflicting huge losses on investors within hours after the yellow metal rose significantly the previous day.At 6:24 a.m., the price of one ounce of gold reached $5,595.4. This is equivalent to 674,581 riyals, equivalent to the value of one kilogram of gold.By 15:38 on the same day, the price had fallen to $5,104.3 per ounce, making one kilogram worth R615,408.Therefore, a person who bought 1 kg of gold in the morning would have lost SR 59,173, which is about 8.77% of his investment, in just 9…

Etihad Airways, the UAE’s national carrier, has announced plans to launch the first-ever direct flight between the UAE and Calgary, creating a new strategic air link between the Middle East and Western Canada. Launching on 3 November, the route marks another step in Etihad Airways’ global expansion and supports Abu Dhabi’s long-term ambitions to boost international trade, tourism and investment. This new service will directly link two globally recognized centers of energy, innovation and culture, strengthening economic ties while creating new opportunities for business and leisure travelers alike. It connects Abu Dhabi’s fast-growing economy and culture with Calgary’s role as…

JOHANNESBURG: Benin’s Islamic bond sale is encouraging other African countries to consider sharia-compliant financing, advisers and analysts said, after strong demand highlighted the potential to diversify financing and attract a broader investor base. Rothschild’s Gatien Bong, who advised the West African country on international bond sales, said the sukuk issuance was a “turning point” for Africa’s sovereign borrowers. “This creates more diversification in terms of format and in turn in terms of the African investor base,” Bonn said. Benin proposed a seven-year sukuk at the same time as the resumption of its 2038 dollar bond, but orders totaling more than…

The Kingdom of Saudi Arabia supported the Middle East Green Initiative (MGI) and stressed the importance of regional cooperation and collective action to advance towards achieving the goals of environmental protection, expanding vegetation coverage, and addressing the challenges of desertification, drought, and climate change. Saudi Arabia also announced the start of the operational phase of the initiative and preparations for the launch of an ambitious project. This was stated in a speech by Abdulrahman Al-Fadly, Minister of Environment, Water and Agriculture, who is also the Chairman of the second session of the MGI Council of Ministers, at the conclusion of…