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Mubadala, Embraer sign aerospace partnership expanding UAE manufacturing

Embraer and Mubadala signed a strategic framework at Farnborough to deepen collaboration across the aerospace value chain, including supply, MRO, workforce development, and research and development, with plans for a co-located UAE innovation hub and Emirati training. The agreement also contemplates Strata becoming a tier-one supplier to Embraer and reinforces the UAE’s aerospace ecosystem and Abu Dhabi’s industrial diversification goals.

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Photo: Szaaman / Wikimedia Commons (Public domain)

Gold price surges Rs4,700 per tola in Pakistan

Gold prices in Pakistan jumped about Rs 4,700 per tola to Rs 429,236, with 10 grams up by Rs 4,029 to Rs 368,000, as international bullion gains propelled local markets and silver rose to Rs 6,396 per tola. The rally tracked a global rise to roughly $4,068 per ounce, with investors weighing geopolitical and inflationary pressures that could influence futures and monetary policy.

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