Europe

Global gold rates near all-time high, UAE prices up ahead of U.S. economic data

The U.S. retail sales and industrial production data for September, as well as weekly jobless claims data, are all due later today

Masdar, Iberdrola complete wind turbine installation at Germany’s Baltic Eagle offshore wind farm

By 2026, Iberdrola's Baltic Hub will have a total capacity of more than 1.1 GW and trigger investments of around €3.7 billion

AWS and e& sign $1 billion agreement to enhance cloud solutions, support AI for digital transformation

The focus will be on cloud services like storage, computing, networking, cybersecurity, and AI/ML advancements

Dubai’s dnata secures multi-year catering deal with T’way Air in Rome to supply 80,000 meals annually

T’way Air will operate three weekly flights connecting the Italian capital with South Korea 

Italy’s Raccortubi S.p.A invests $6.8 million in Sharjah’s Hamriyah Free Zone

This investment highlights Hamriyah Free Zone's effort to attract diverse foreign investments 

Abu Dhabi’s Modon Holding, U.K. Candy Capital announce JV partnership in ultra-luxury real estate

The joint venture will deliver upscale residential, commercial, and hospitality projects

Dubai International Chamber holds 180 business meetings in Belgrade to promote Dubai-Serbia ties

Non-oil trade between Dubai and Serbia reached $63.68 million in 2023

dnata, beOnd partner to support growth of premium air travel from the UAE

beOnd currently operates two routes connecting Al Maktoum - Dubai World Central with Male (MLE) and Zurich (ZRH)

Double-digit growth for air cargo continues: IATA

Overall demand, measured by CTKs, increased by 11.4 percent in August 2023, with international operations up 12.4 percent 

UAE’s DMCC, CV VC collaborate to enhance regional Web3 ecosystem growth

Both organizations will enhance their ecosystems through collaboration, including workshops, resource sharing, and joint events