by Alifiya H Ujjainwala | October 17, 2024 | Breaking, Commodities, Economy, Finance
Gold prices in Dubai soared to an all-time high on Thursday, with 22K gold surpassing AED300 per gram for the first time. Ole Hansen, Head of Commodities Strategy at Saxo Bank, recently published an insightful report on the ongoing gold and silver rally. He...
by Alifiya H Ujjainwala | October 16, 2024 | Economy, Finance, News
Today, the UAE government, in partnership with the World Economic Forum (WEF), launched “We the UAE 2031 Strategic Intelligence Councils”, a joint initiative that will see around 120 stakeholders assemble annually to examine how trends can be leveraged to...
by Alifiya H Ujjainwala | October 16, 2024 | Economy, Finance, News
Australian Prime Minister Anthony Albanese has faced backlash for purchasing a $4.3 million beach house on the New South Wales Central Coast amid the ongoing housing affordability crisis in the country. Many have questioned the timing of the purchase, particularly as...
by Jibran Munaf | October 15, 2024 | Finance
The International Monetary Fund (IMF) has announced that the world’s total public debt is set to exceed $100 trillion for the first time this year. The IMF attributes this unprecedented increase to political support for higher spending and the necessity of...
by Jibran Munaf | October 15, 2024 | Corporate Finance
Hyundai Motor India has raised $989.4 million from institutional investors, including BlackRock and Fidelity, as part of its $3.3 billion Initial Public Offering (IPO). This IPO is set to be the largest in India’s history, reflecting growing investor confidence...
by Jibran Munaf | October 13, 2024 | Editorials, Finance, Personal Finance
Bill Gates, co-founder of Microsoft (NASDAQ: MSFT) and one of the world’s wealthiest individuals, has focused much of his attention on philanthropy through the Bill & Melinda Gates Foundation. Despite this, the Foundation Trust has built a concentrated investment...
