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May 1, 2026

Gold Heads for Weekly Loss Amid Inflation Concerns

Manama: Gold prices were largely steady on Friday but remained on track for a weekly loss amid mounting inflation concerns and expectations that interest rates will stay higher for longer. In spot trading, gold fell 0.1% to $4,614.98 per ounce, headin…

UN Extends South Sudan Peacekeeping Mission for One Year

Beirut: The United Nations Security Council adopted a resolution extending the mandate of its peacekeeping mission in South Sudan for one year, while reducing troop levels. The resolution was passed with 13 votes in favor, with China and Russia abstai…