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Emirates launched a third daily Dubai-Cape Town service on July 1, using its next-generation Airbus A350 for the first time in South Africa and expanding its Premium Economy offering. The airline also reinstated a fourth daily Johannesburg flight and added a seasonal second A380 service, taking weekly connectivity to Dubai to 56 flights from three South African gateways, with regional manager Afzal Parambil citing strong confidence in the Cape Town market and support from Wesgro for tourism and trade growth.
Dubai exchange launches same-day gold settlement contractThe Dubai Gold and Commodities Exchange introduced a T+0 same-day settlement gold contract on June 24 for bullion dealers, refineries and institutional participants, offering improved price certainty and physical delivery through approved vaults. CEO Ahmed Bin Sulayem says gold volumes rose during the early weeks of the US-Iran conflict as investors sought safe-haven assets.
Dubai-South Africa trade ties deepen through business missions and investmentNon-oil bilateral trade between Dubai and South Africa grew by 265% to R129.2-billion over the ten years to end-2025, with the Dubai Chamber of Commerce hosting bilateral meetings in Johannesburg involving 24 Dubai companies. Dubai-based AMEA Power has commissioned its 120 MW Doornhoek solar plant near Klerksdorp and secured two additional North West battery storage projects.
Dubai Updates
International airline Emirates’ third daily service on the Dubai-Cape Town route landed at Cape Town International Airport on July 1, marking the first arrival of flight EK778 and the debut of the...
Dubai's commodities exchange will launch a same-day settlement gold contract on Monday, its CEO told Reuters, aiming to tap safe-haven demand and faster trading infrastructure to boost liquidity in...
The Dubai Chamber of Commerce recently hosted a series of bilateral business meetings between companies from Dubai and South Africa, in Johannesburg, noting that businesses in both markets see...
Dubai-based renewable-energy company AMEA Power has successfully commissioned its 120 MW Doornhoek solar PV plant in South Africa – the first project under Bid Window 6 of the Renewable Energy...
ASX- and TSX-listed gold mining company Perseus Mining has appointed Wade Bickley as COO with effect from June 1. Bickley, who will be based out of Perseus’s Dubai office, has more than 25 years of...
Dubai-, United Arab Emirates (UAE), based global major airline Emirates has announced that it has restored operations on 96% of its global network, following the disruptions caused by the conflict...
Efficient performance by South Africa’s air cargo hubs was a key strategic instrument to propel the country’s economic growth and increase its competitiveness in world markets. So highlighted FedEx...
South Africa has proposed a sweeping overhaul of its decades-old rules governing money flows, including tightening its control on crypto assets, seeking to bolster its position as a financial hub...
To seize the opportunity for boosting growth and development presented by tourism, South Africa must address airport capacity constraints, particularly at the OR Tambo International Airport, in...
United Arab Emirates (UAE) custodian chairperson of the Kimberley Process (KP) Ahmed Bin Sulayem addressed the UN General Assembly (UNGA) on April 15, presenting the UAE’s achievements under its...
Current conflicts have been a reminder of the fragility of global energy networks, with 30% of the world's supply of oil and gas now shut down due to the disruption of shipping through the Strait...
China is probably growing in importance to the gold market the same way it is growing in importance to the global economy. By contrast, the hegemonic dominance of the US is continuing to...
Hot on the heels of Venison’s award-winning bestseller SOL: My Friend & Adversary, ESCAPING THE SUN is the blazing, untold story of a man who lived in the orbit of a giant, and finally broke free....
Johannesburg’s benchmark stock index is heading for its worst month in almost two decades, reeling from a double hit as the Iran war saps demand for emerging-market assets while plunging...
The chaos that Donald Trump’s administration has imposed on the global economy escalated sharply on February 28 as the US and Israel launched the Third Gulf War with a “war of choice” attack on...
As a result of the ongoing conflict in the Middle East, South Africa’s coal company Thungela is prioritising the safety and well-being of its 16 employees in Dubai, where the Johannesburg Stock...
Gold trade disruption caused by the war in the Middle East should not be compared with that of the global impact experienced during the Covid pandemic but should rather be viewed as a regional...
Precious metals refiner Heraeus says the initial safe haven boost to gold has faded, with the gold price still suffering from the fallout of the rapid rally to its record high. Safe-haven...
Ghana's State-run artisanal gold exporter is preparing to shift cargoes to alternative refining hubs if flight disruptions to the United Arab Emirates persist, two sources with knowledge of the...
Ghana plans to channel about 127 metric tons of gold per year from artisanal and small‑scale mining (ASM) into official trade under revised sector reforms to boost foreign-exchange earnings and...
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