Gold Prices Gain Globally and in UAE
The United Arab Emirates expressed its solidarity with Indonesia and offered condolences to the victims of the earthquake that struck the region. Meanwhile, Qaraqash confirmed that the repeated targeting of ADNOC's tankers will not deter the UAE from its balanced policy. Economically, American economic optimism declined to 51 points in August, amid a disruption in the MasterCard system that caused payment disturbances for shoppers in Australia. Anthropic achieved profits of $11.5 billion in the second quarter of 2026. Additionally, Petrobras, the Brazilian company, detected the possibility of oil or gas off the Amazon. Berkshire Hathaway increased its stake in Alphabet to become its third-largest investment. On the global economic front, American firm Gen Street lost $15 billion in July, and the SEC recommended easing restrictions on political donations by investment advisors.
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