Prerna
by Prerna
March 6, 2023

Possible UAE departure from OPEC causes instability in oil prices.

Brent crude, the international oil benchmark, dropped by up to 2.8% on Friday morning in New York after reports that the United Arab Emirates (UAE) is considering leaving the Organisation of the Petroleum Exporting Countries (OPEC), a powerful oil producer alliance consisting of 13 members. However, Brent later regained its losses and turned positive, trading […]

Prerna
by Prerna
March 6, 2023

Carbon footprint of Dubai’s hospitality industry to be measured with revamped tool

Accor CEO and Chairman Sébastien Bazin spoke at the Arabian and African Hospitality Investment Conference (AHIC) and highlighted the increased focus on sustainable tourism and hospitality. Bazin announced that Accor will be joining the Sustainable Hospitality Alliance, which aims to address key challenges affecting the sector and its people through collective power. JLL’s annual ‘Global […]

Prerna
by Prerna
March 6, 2023

World’s biggest travel trade show to feature Sharjah’s authentic tourism experiences

Sharjah, one of the seven emirates in the United Arab Emirates, is set to showcase its unique and authentic tourism experiences at the world’s largest travel trade show, ITB Berlin. The exhibition, which will take place from March 7-9, will feature more than 15 government and private entities, along with the Sharjah Commerce and Tourism […]

Prerna
by Prerna
March 6, 2023

High dividend yield announcement in Dubai leads to a surge in Emaar Development’s stock.

On Monday, most Gulf stock markets closed higher, ignoring a drop in oil prices, with Dubai leading the gains following the largest-ever intraday increase in Emaar Development, while the Egyptian index continued its downward trend. Oil prices, which have a significant impact on Gulf economies, fell on Monday, with Brent crude futures trading down $1.30, […]

Prerna
by Prerna
March 6, 2023

Property launches and retail sales drive 12% revenue growth for Majid Al Futtaim

Majid Al Futtaim, a leading pioneer in shopping malls, communities, retail, and leisure across the Middle East, Africa, and Central Asia, recently announced its operational and financial results for the year 2022. Despite global economic growth being hampered by inflation, supply chain pressures, and energy shortages, the group demonstrated resilience, posting a 12% increase in […]

Prerna
by Prerna
March 6, 2023

Presight.ai, the AI-powered big data analytics company owned by Abu Dhabi’s G42 Group, is set to launch an IPO.

Presight AI, a data analytics company owned by Abu Dhabi’s G42 Group, has announced plans to generate 1.82 billion dirhams ($495 million) through an initial public offering (IPO) and subsequently list its shares on the Abu Dhabi Securities Exchange’s first market. On March 3, the UAE Securities and Commodities Authority granted approval to the company’s […]

Prerna
by Prerna
March 6, 2023

Financial Nesting 101: Nurturing New Parents’ Finances for the Future

Giving birth or adopting a child is considered a “qualifying life event” as far as health insurance coverage goes. That means you won’t have to wait for open enrollment to add your child to your plan, but you’ll have only a limited amount of time — about one or two months — after the birth or adoption to do so.

Kareem Qandeel with his aunt at a younger age
Prerna
by Prerna
March 6, 2023

Unsheathing the Double-Edged Sword of ADHD: A Saudi Teen’s Inspiring Journey with Support from His Parents.

Attention Deficit Hyperactivity Disorder (ADHD) affects people of all ages and backgrounds, but it can be especially challenging for teenagers as they navigate the complexities of adolescence. For one Saudi teen, his journey with ADHD has been both a double-edged sword and a source of inspiration. Growing up, Mohammed struggled to focus and stay on […]

Image of mouthwatering biryani.
Prerna
by Prerna
March 6, 2023

Spice Up Your Kitchen with This Easy Hyderabadi Mutton Biryani Recipe!

Hyderabadi mutton biryani is a hearty, flavorful dish that is perfect for special occasions or whenever you want to indulge in something truly delicious. While it may seem daunting to make at home, it’s actually quite easy if you have the right ingredients and follow a few simple steps.

Prerna
by Prerna
March 6, 2023

UAE’s Chehab Set to Drift to Victory in Red Bull World Finals 2023!

The result for 26-year-old Chehab sees him as the first to book a spot in the Red Bull Car Park Drift World Final which will take place at the end of the year.

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