by Jibran Munaf | October 6, 2024 | Energy
Goldman Sachs has warned that oil prices could surge by up to $20 per barrel if Iranian oil production faces a significant hit, following growing concerns of escalating conflict in the Middle East. This comes as U.S. crude futures rose 5% on Thursday and continued to...
by Jibran Munaf | October 6, 2024 | Real Estate
Dubai’s real estate market has reached new heights, setting an all-time quarterly sales record of AED141.9 billion ($38.6 billion) in Q3 2024. This milestone surpasses the previous record of AED124.07 billion in Q2, marking a 30.1% year-on-year increase in sales...
by Jibran Munaf | October 6, 2024 | Real Estate
Samana Developers has unveiled its latest venture, the Samana Park Meadows project, in the Dubai Land Residence Complex, located in Dubailand. Valued at 220 million UAE dirhams ($59.90 million), the 15-storey development will feature 221 residential units and is set...
by Jibran Munaf | October 6, 2024 | Automotive, Aviation, Travel
In a move aimed at transforming urban mobility in Dubai, the city’s listed parking operator, Parkin, has signed a Memorandum of Understanding (MOU) with UK-based Skyports Infrastructure. The collaboration will focus on developing vertiports—specialized...
by Jibran Munaf | October 5, 2024 | Corporate Finance, Retail
Online fast-fashion retailer Shein is gearing up for its London initial public offering (IPO) by scheduling informal investor meetings in the coming weeks, according to sources familiar with the matter. The company is moving forward with preparations while awaiting...
by Jibran Munaf | October 5, 2024 | Automotive
European Union governments face a critical vote on Friday over the potential imposition of tariffs of up to 45% on Chinese-made electric vehicles (EVs), following a year-long investigation into alleged unfair subsidies. Key Decisions in a High-Profile Trade Case The...
