Latest news with #AlKurdi
Khaleej Times
24-03-2025
- Business
- Khaleej Times
UAE: Gold prices slip in early trade on first trading day of the week
Gold prices slipped at the opening of markets in Dubai on the first trading day of the week due to a stronger US dollar as investors await fresh catalysts. At 9am UAE time, the 24K variant of the yellow metal fell to Dh363.75 per gram, down from Dh364.5 per gram at the close of markets over the weekend. Among the other variants, 22K dropped to Dh337, 21K to Dh323 and 18K to Dh277 per gram. Globally, gold was trading at $3,022.39 per ounce, down 0.62 per cent. Fadi Al Kurdi, CEO of FFA Kings, said strong safe-haven demand driven by heightened tensions in the Middle East led the bullion to break record highs last week. 'This ongoing instability is likely to continue weighing on investor sentiment and supporting gold's appeal. In Eastern Europe, hopes for diplomatic progress between Russia and Ukraine provided some relief. However, renewed Russian strikes on civilian infrastructure have tempered optimism, keeping markets on alert,' said Al Kurdi. Meanwhile, the Federal Reserve's cautious tone may limit gold's upside. 'Persistent trade tensions could stoke inflationary pressures, and prompt the Fed to adopt a hawkish stance. However, signs of an economic slowdown may encourage a looser policy stance, providing renewed support for gold,' he added.
The Independent
24-02-2025
- The Independent
Man, 21, shot dead in ‘organised execution' on April Fool's Day, court told
A 21-year-old man was lured out of a house and shot dead on the doorstep in a 'planned, organised execution' on April Fool's Day, a court has heard. Janayo Lucima suffered a single gunshot wound to the chest having been shot at close range by Mohamed Mansaray, 18, jurors were told on Monday. Although Mansaray pulled the trigger outside the address in Barons Court, west London, the killing was orchestrated by Khuder Al Kurdi, 22, from his home nearby, it is claimed. Eight others were allegedly with Mansaray to provide him with 'back up, support and encouragement', although two of them have since fled to Somalia and Libya to avoid prosecution, jurors heard. Mansaray, Al Kurdi and six others are on trial at the Old Bailey accused of Mr Lucima's murder. Outlining the case against them, prosecutor Alan Gardner KC said Mansaray had been standing outside the house waiting for Mr Lucima to come out. Mr Gardner said: 'He was lured out of that house and into the sights of the waiting gunman by a phone call from the first defendant, Khuder Al Kurdi. 'This was a planned and organised execution arising from disputes within the drugs trade.' CCTV footage had captured the incident shortly after 10pm on Monday April 1 2024 in Comeragh Road, a residential area in Barons Court. Mr Gardner told jurors: 'That is, of course, unpleasant footage to watch, but it is essential that you see it in order to fully understand what happened in this case.' The handgun used to kill Mr Lucima was disposed of and has not been recovered, the court was told. It had allegedly come from Al Kurdi who, jurors were told, played a 'central role' in organising the shooting. Al Kurdi, of Barons Court, and Mansaray, of Neasden, north-west London, have denied murder, along with co-defendants Muktar Said, 23, of Hammersmith; Issa Siteri, 19, of Kensington; Yusuf Abdi, 19, of Westminster; Pharrell Cowans, 18, of Harrow, north-west London, and two 17-year-old boys, who cannot be identified for legal reasons. The Old Bailey trial continues.
Yahoo
24-02-2025
- Yahoo
Man, 21, shot dead in ‘organised execution' on April Fool's Day, court told
A 21-year-old man was lured out of a house and shot dead on the doorstep in a 'planned, organised execution' on April Fool's Day, a court has heard. Janayo Lucima suffered a single gunshot wound to the chest having been shot at close range by Mohamed Mansaray, 18, jurors were told on Monday. Although Mansaray pulled the trigger outside the address in Barons Court, west London, the killing was orchestrated by Khuder Al Kurdi, 22, from his home nearby, it is claimed. Eight others were allegedly with Mansaray to provide him with 'back up, support and encouragement', although two of them have since fled to Somalia and Libya to avoid prosecution, jurors heard. Mansaray, Al Kurdi and six others are on trial at the Old Bailey accused of Mr Lucima's murder. Outlining the case against them, prosecutor Alan Gardner KC said Mansaray had been standing outside the house waiting for Mr Lucima to come out. Mr Gardner said: 'He was lured out of that house and into the sights of the waiting gunman by a phone call from the first defendant, Khuder Al Kurdi. 'This was a planned and organised execution arising from disputes within the drugs trade.' CCTV footage had captured the incident shortly after 10pm on Monday April 1 2024 in Comeragh Road, a residential area in Barons Court. Mr Gardner told jurors: 'That is, of course, unpleasant footage to watch, but it is essential that you see it in order to fully understand what happened in this case.' The handgun used to kill Mr Lucima was disposed of and has not been recovered, the court was told. It had allegedly come from Al Kurdi who, jurors were told, played a 'central role' in organising the shooting. Al Kurdi, of Barons Court, and Mansaray have denied murder along with co-defendants Muktar Said, 23, of Hammersmith; Issa Siteri, 19, of Kensington; Yusuf Abdi, 19, of Westminster; Pharrell Cowans, 18, and two 17-year-old boys, who cannot be identified for legal reasons. The Old Bailey trial continues.
