Recent developments in the cryptocurrency market have raised alarms as Bitcoin has dropped below the $108,000 mark. This decline is part of a broader trend affecting various asset classes, driven by growing concerns over the stability of the US banking sector and ongoing credit market stress. The situation has led to substantial liquidations in the…
Dubai’s motorists may soon enjoy a more streamlined experience as Parkin, the city’s leading public parking operator, teams up with InsuranceMarket.ae. This partnership, unveiled at Gitex Global 2025, aims to integrate car insurance services directly into Parkin’s digital platform, expanding its offerings beyond just parking and payments. A New Era of Convenience for Drivers The…
In a significant move to modernize its legal framework, Dubai’s Rental Disputes Center (RDC) has entered into a strategic partnership with Tableegh Legal Notification Services LLC. This collaboration was announced during Gitex Global 2025, which took place at the Dubai World Trade Centre from October 13 to 17. The partnership aims to streamline legal operations…
The Abu Dhabi Global Market (ADGM) has introduced a comprehensive licensing framework aimed at enhancing the standards and governance of legal, tax, and company service providers. This initiative represents a significant advancement in professional regulation within the financial center, ensuring that firms adhere to international benchmarks for competence and transparency. New Licensing Regulations The newly…
In a significant move towards enhancing women’s economic independence, PTCL Group has partnered with the Pakistan Poverty Alleviation Fund (PPAF) to expand their successful initiative, Ba-Ikhtiar. This announcement was made during GITEX Global 2025 in Dubai, where leaders from both organizations signed an agreement to broaden the program’s reach across Pakistan. Overview of the Ba-Ikhtiar…
Dhanteras, a significant festival in the Hindu calendar, marks the beginning of the Diwali celebrations. This auspicious day is dedicated to honoring wealth and prosperity, making it a prime occasion for purchasing gold and silver. In 2025, Dhanteras will be celebrated on October 18, and its traditions continue to influence the way devotees engage with…
Gold prices in the UAE have reached unprecedented levels this week, driven by a combination of global economic uncertainty and rising geopolitical tensions. As of Friday morning, the price of 24-carat gold hit Dh523 per gram, while 22-carat gold was priced at Dh484.25. This increase of nearly 5% since Monday reflects a growing trend of…
The Dubai real estate market is experiencing a transformative phase, attracting a diverse range of investors drawn by its economic growth and appealing lifestyle. Recent trends indicate a significant uptick in the off-plan sector, particularly in emerging districts, which is crucial for sustaining interest in the property market. Market Overview In the third quarter of…
Recent economic developments have led to a significant increase in the prices of gold and silver, as investors seek safe-haven assets amidst rising credit concerns and escalating tensions between the United States and China. This surge reflects a growing belief that the Federal Reserve may implement substantial interest rate cuts in the near future. Gold…
Dubai is set to enhance its rental market with a new digital platform aimed at simplifying the leasing process for both tenants and landlords. This initiative, a collaboration between the Dubai Land Department (DLD) and Emirates NBD, was announced during Gitex Global and promises to transform the way rental transactions are conducted in the city….