MENA Digital Economy

Gold Tops $5,000 for First Time Ever, Adding to Historic Rally

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Stacks of gold bars with a rising price chart overlay

“Gold prices have shattered the $5,000 per ounce barrier for the first time in history, fueled by escalating geopolitical risks, a weakening U.S. dollar, and surging safe-haven demand from investors and central banks. This milestone extends a blistering rally that saw gold surge over 66% in 2025, its strongest annual gain since 1979, with silver … Read more

Ooredoo Group’s Syntys Strengthens Hyperscale Footprint in Qatar Through Q Data Acquisition

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Modern data center facility in Qatar with advanced server racks and cooling systems

“Ooredoo Group’s data center arm, Syntys, has acquired Q Data QFZ LLC, adding 12.5MW of hyperscale capacity in Qatar, including 5MW operational and 7.5MW under development, boosting total live IT load in the country to 26MW and positioning the platform for accelerated growth amid surging regional demand for AI and cloud infrastructure.” In a move … Read more