O Gold, an innovative Emirati app specializing in fractional ownership of gold and silver, has received the prestigious title of “Best Shariah Compliant Gold Investment App” at the Global Takaful & Re-Takaful Awards 2025. This recognition underscores the app’s commitment to utilizing financial technology to broaden access to Shariah-compliant investment options. The award was presented…
As Dubai’s entrepreneurial landscape continues to flourish, the demand for adaptable workspaces is on the rise. flowork, a workspace brand founded by Abir Moussa, is marking its first anniversary by opening a second location in Vision Tower, Business Bay, this November. This expansion comes after a successful year at its initial site in Dubai Hills…
Gold prices in Dubai have shown signs of stabilization following a recent selloff, as investors look to capitalize on potential market shifts. After experiencing significant volatility, the price of 24-karat gold opened at Dh476 per gram on Wednesday, recovering from a low of Dh470.50 earlier in the week. This rebound reflects renewed buying interest among…
In a significant shift for the automotive market in the Gulf Cooperation Council (GCC), Cartea has launched a free selling service that is reshaping how cars are traded in the region. This platform arrives at a time when digital adoption in the automotive sector is accelerating, reflecting broader trends in the region’s economy. The Growing…
BYD is making waves in Japan’s kei car market with the introduction of the Racco, its first all-electric microcar tailored specifically for Japanese consumers. This new model aims to combine affordability with modern electric vehicle technology, offering a compelling option for urban drivers. Design and Features The Racco maintains the traditional kei car aesthetic with…
Tenants in Dubai are experiencing a welcome shift in the rental market, with some neighborhoods becoming more affordable. As demand stabilizes and new supply enters the market, renters can now find better options without the fear of rising costs. Rental Market Overview According to Bayut’s Dubai Property Market Report for Q3 2025, rental prices for…
In recent years, Philippine Airlines (PAL) has undergone a remarkable transformation, emerging from the brink of collapse to a position of financial strength. After declaring bankruptcy in September 2021, the airline has successfully navigated its restructuring process, allowing it to expand its operations and invest in new aircraft. This article explores the factors behind PAL’s…
Multiply Group has announced a remarkable profit increase of 162% for the third quarter, reaching Dh1.95 billion. This surge is primarily attributed to Dh2.7 billion gained from the sale of PAL Cooling. The company is now setting its sights on major acquisitions to further enhance its market position. Financial Highlights The substantial profit growth reflects…
Saudi Arabia is taking significant strides in its digital transformation journey by uniting its top artificial intelligence assets. A recent agreement between the Public Investment Fund (PIF) and Aramco aims to enhance the capabilities of HUMAIN, PIF’s AI company, through a minority stake acquisition by Aramco. This collaboration is poised to accelerate the Kingdom’s ambition…
Saudi Arabia is taking significant steps to enhance worker protections and modernize its labor market. The introduction of a dual-platform system for employment contracts marks a pivotal change in how labor agreements are authenticated and enforced, aligning with the nation’s Vision 2030 initiative aimed at improving transparency and accountability in the workplace. New Authentication Requirement…