UAE-based Arada Group is planning a AED 5 billion twin-tower residential development in Broadbeach, Gold Coast, marking its first project outside New South Wales. The 952-unit scheme, targeting completion before the 2032 Olympics, will be built by Arada's in-house contractor Roberts.
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Waterfront Market has launched Growtopia, a free summer programme for children developed with vertical farm operator Greeneration, running from 23 July to 31 August. Activities cover soil-free farming, food production, and the journey from local farm to table, with each child receiving a grow punnet to take home.
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Dubai International Airport is gearing up for approximately 3.7 million passengers during the peak summer return season, with daily volumes expected to hit 222,000. Transit passengers are forecast to account for around 46% of total traffic during the period.
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Spot gold fell 0.6% to $4,495.69 per ounce on Thursday after briefly touching $4,525.79, its highest since 2 June. The retreat followed a rally of more than 4% in the previous session, with investors taking profits across precious metals.
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Air Arabia will launch a daily direct service between Sharjah and Frankfurt from 15 December 2026, operated on Airbus A320neo aircraft. Frankfurt is the carrier's second German destination from Sharjah, after Munich.
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Atlético Madrid opened their La Liga season with a 2–0 home win over Málaga, with goals from Kang In Lee and Alejandro Baina in the final quarter of the match. Julián Álvarez sat out due to fitness concerns, amid ongoing uncertainty over the Argentine's future at the club.
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The dollar fell sharply on Thursday, with its index dropping to 98.938 and approaching its weakest point since mid-May. The euro, sterling, yen, and Swiss franc all made gains against the US currency.
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Brent and WTI futures steadied in early Thursday trade after both benchmarks closed at their highest levels since 24 July. Brent edged up to $91.87 per barrel while the most-traded WTI October contract added 14 cents to $84.53.
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