by Vasu Jit Kalia | August 29, 2024 | Sports
In yet another first, Dubai will play host to the “L’Etape Dubai” cycling race, presented by the Tour de France, on February 2, 2025.Organised by Belton and Be Cool Events in cooperation with the Dubai Sports Council with sponsorship from title sponsor Škoda Cars, the...
by Vasu Jit Kalia | August 28, 2024 | Real Estate
Dubai’s real estate market is constantly evolving, with new projects regularly emerging to meet the needs of its dynamic and growing population. However, there is ongoing debate about whether the city is facing an oversupply of real estate inventory. Let’s...
by Vasu Jit Kalia | August 28, 2024 | Banking, Central Banks
China’s central bank conducted 277.3 billion yuan (about US$38.94 billion) of seven-day reverse repos at an interest rate of 1.7 percent Wednesday. Xinhua news agency quoted the People’s Bank of China as saying that the move aims to keep liquidity...
by Vasu Jit Kalia | August 28, 2024 | Market Analysis & Commentary, Markets
At closing, Sensex was at 81,711 with a slight gain of 13.65 points and Nifty closed at 25,017 with a gain of 7 points. It is the second consecutive day when the National Stock Exchange (NSE) benchmark closed above 25,000. Strong buying was seen in the midcap and...
by Vasu Jit Kalia | August 28, 2024 | News
The National Cybersecurity Authority reported that the cybersecurity market in Saudi Arabia reached $3.5 billion (Dh12.8 billion) in 2024. Saudi financial news portal Argaam.com reported that the private sector contributed 69 per cent, whereas government spending made...
