Spot gold was trading at $2,391.93 per ounce at 9.10 am UAE time on Thursday
uae2 hours ago
Iran expects July's landmark nuclear deal with major powers to enter into force in early January, when Tehran will have implemented its commitments, Iran's deputy foreign minister said Tuesday.
"We expect it will be in early January," Abbas Araghchi told reporters in Vienna after meeting the head of the UN atomic watchdog, which is tasked with verifying the accord.
Under the July 14 deal that ended a potentially dangerous decade-long standoff, Iran undertook to dramatically scale back its nuclear programme.
This includes reducing by two thirds the number of centrifuges, machines which purify or "enrich" uranium, making it suitable for nuclear power generation but also for a nuclear bomb.
In addition Iran agreed to to reduce its stockpile of uranium and alter a new reactor it is building at Arak.
In exchange, the six world powers - the United States, Russia, China, Britain, France and Germany - will lift painful sanctions.
Spot gold was trading at $2,391.93 per ounce at 9.10 am UAE time on Thursday
uae2 hours ago
The upside in the South Asian currency is expected to be capped by the ongoing nervousness about the India election outcome, which is prompting foreign outflows
currency exchange3 hours ago
The Dubai Ruler is accompanied by Sheikh Mansour bin Zayed Al Nahyan, Vice-President and Deputy Prime Minister of the UAE
world4 hours ago
Most parts of country will experience fair to partly cloudy day
uae4 hours ago
GCC nations uniquely positioned to take advantage of new opportunities, says report
business5 hours ago
The UAE had earlier tightened real estate investment rules and asked property agents, brokers, and law firms to report cash transactions worth Dh55,000 and above
business6 hours ago
Explained: What the labour law says about bonuses; how the amount is calculated, when it is paid
uae6 hours ago
The 34,000-capacity stadium will host the hotly-anticipated on June 9
cricket11 hours ago