by Vasu Jit Kalia | September 17, 2024 | Commodities, Market Analysis & Commentary, Markets
Gold prices in the UAE have lost one-and-a-half dirhams per gram at the opening of the markets in Dubai on Tuesday, dropping from an all-time high of AED313.5 per gram at the close of the markets on Monday. According to Dubai Jewellery Group data, the 24K variant was...
by Vasu Jit Kalia | September 17, 2024 | Economy
As per the directive given by Saudi Crown Prince Mohammed bin Salman, his country’s sovereign wealth fund, the Public Investment Fund (PIF), will be investing $5 billion into Egypt in a first investment phase. The move comes after the Saudi Crown Prince met with...
by Vasu Jit Kalia | September 17, 2024 | News
H.H. Sheikha Manal bint Mohammed bin Rashid Al Maktoum, President of the UAE Gender Balance Council and wife of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, praised the leadership’s...
by Vasu Jit Kalia | September 17, 2024 | Real Estate
Where should you buy your next property to add to your investment portfolio? Let’s explore some areas which are prime locations for investment in 2024 that were identified based on market trends, infrastructure development, and ROI potential. Dubai Creek Harbour:...
by Vasu Jit Kalia | September 16, 2024 | Retail
UAE consumers showed robust spending habits during the second quarter of 2024, collectively investing a substantial USD 3.8 billion in fast-moving consumer goods (FMCG), technology, and durable goods, according to a market survey. This marks a 3.4 per cent increase...