Business & Investments

Global gold demand hits new high as prices soar in 2024

The World Gold Council’s Q4 and Full Year 2024 Gold Demand Trends report reveals that total annual gold demand hit a new, record high of 4,974t, driven by strong, sustained central bank buying and growth in investment demand. The combination of record high gold prices, and volumes resulted in the highest ever total value of demand at $382bn.

Central banks continued to buy gold at pace in 2024, with purchases exceeding 1,000t for the third year in a row. Buying ramped up significantly in Q4, reaching 333t and bringing the annual total for central banks to 1,045t.

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Automibiles & Motoring

Hyundai Unveils “Champions’ Choice” Campaign: Redefining Automotive Excellence with Total Cost of Ownership Leadership

Dubai, 27 January 2024: Hyundai Motor Company proudly unveils its latest campaign, “Champions’ Choice,” celebrating the spirit of progress and commitment to excellence in automotive ownership. This bold GCC-wide initiative positions Hyundai as the ultimate partner for customers, aligning their driving journey with the ethos of a champion—driven, resilient, and constantly striving for greatness.

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Featured

E2G FOOD launches app to track life-saving donations like online shopping order

AI-driven smart technology brings transparency to the humanitarian ecosystem

 A pioneering new app, ‘Track Your Impact’, has been launched to transform the way humanitarian aid is delivered and monitored, providing donors with real-time updates on their contributions. Developed by the innovative social enterprise E2G FOOD (Eat-2-Grow), in collaboration with the Dubai branch of global tech firm, SASI, the platform allows users to track their donations of high-protein food bars, as they make their way from production to disaster zones and into the hands of those in need.

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Business & Investments

At the opening of Qatar’s International Agricultural Exhibition (AgriteQ)

HE Dr. Amna Al Dahak Highlights the Unified Vision of UAE, Qatar, and Gulf nations in Advancing Sustainable Regional Food Security

  • The UAE is participating in the exhibition as the ‘Guest of Honour’, with a dedicated pavilion that highlights the nation’s achievements in agriculture.

Dubai, UAE, 5 February 2025: Her Excellency Dr. Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment (MOCCAE), said that the United Arab Emirates, Qatar, and the Gulf Cooperation Council (GCC) countries share a unified vision to drive cooperation in strengthening sustainable food security in the region. HE underscored the importance of collaborative efforts in addressing the region’s shared challenges, supporting the agricultural sector and enhancing local production of strategic crops.

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Travel & Tourism

Airports racing to win the hearts and minds of passengers through technology-led transformation

Airport Show 2025 to reflect the pace of technological progress at airports

160+ exhibitors for the largest airport industry B2B platform

Airport technologies market size will be worth US$13.99 billion in 2025

Dubai, United Arab Emirates, February 5, 2025: When the US-based IBM Center for the Business of Government wrote in a study in March 2000 that “new strategies, new ideas, and new technologies were necessary for airports” for broadening economy, there were few takers even in the world’s biggest countries which a year earlier had handled over 8.3 million flights and 614 million passengers. In 2000, the number of passengers carried by global airlines stood at 2.3 billion.

Twenty-five years later, a survey by Amadeus, the world’s leading provider of travel technology, revealed 56 percent of airport leaders are making technology investments for ‘enhancing’ customer experience and 52 percent for ‘improving’ operational efficiency.

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