The Abu Dhabi global investment strategy has fundamentally shifted from passive asset accumulation to aggressive, systemic influence across Western infrastructure, media, and finance. This isn't just about deploying oil surplus; it is a calculated play for geopolitical leverage and supply chain sovereignty. By anchoring itself to critical components of Western economies, the UAE is securing its place as an indispensable global partner. Why did Abu Dhabi invest in US renewable energy infrastructure software? Mubadala's acquisition of a significant minority stake in Power Factors reveals a deep focus on energy security software rather than just physical hardware. Controlling software that manages 70% of the top 50 renewable producers is a brilliant masterstroke. It positions the UAE as America's core green energy partner, quietly managing over 200GW of US wind and solar assets. How does the US-UAE alliance counter China's critical minerals monopoly? The expansion of the...
Gold prices in Pakistan decreased on Tuesday in line with their loss in the international market. In the local market, gold price per tola reached Rs459,462 after a decline of Rs10,700 during the day. Similarly, 10-gram gold was sold at Rs393,914 after it fell by Rs9,174, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Monday , gold price per tola reached Rs470,162 after a decline of Rs5,500 during the day. The international rate of gold declined by $107 to reach $4,371 per ounce (with a premium of $20). Meanwhile, the price of silver also decreased by Rs145 to reach Rs7,930 per tola.