The Indian rupee has recently been weakening against the UAE dirham, driven by a range of factors such as a strengthening US dollar, decreasing demand for exports, and concerns over domestic inflation.
Gold prices is often seen as an indicator of the overall health of the global economy. Recently, the COVID-19 pandemic has caused uncertainty and volatility in financial markets, leading to a surge in demand for gold and driving up its price.
The UAE has been taking various steps to mitigate the impact of inflation and increase its economic growth. The country is focusing on diversifying its economy away from oil, investing in infrastructure projects, and promoting entrepreneurship and innovation.
The UAE is gearing up for a busy Eid Al Fitr season in 2023, with reports suggesting that hotels occupancy rates could reach up to 90% and room rates could be as high as four times their regular price.
The Public Investment Fund (PIF) of Saudi Arabia has recently received 49% of the shares of Aramco oil, in line with the country’s Vision 2030 plan to diversify its economy and reduce dependence on oil.
Network International has become an attractive target for potential buyers due to its strong presence in key markets, such as the Middle East and Africa, and its robust financial performance despite the challenging business environment caused by COVID-19.
BlackRock’s recent decision to reduce the annual compensation of its CEO, Larry Fink, has sparked a broader discussion on executive pay and income inequality.
Boeing has recently encountered a parts-related problem that is likely to add to the legal and financial challenges it has already faced due to the 737 MAX crisis.
DLD’s latest data reveals that the Dubai property market is showing positive signs of growth, driven by a range of government initiatives and major projects on the horizon.
MBME is set to list on the Abu Dhabi Securities Exchange (ADX) Growth Market, an exciting development for the company which has experienced significant growth in recent years and is poised for further expansion.