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Gold prices in Dubai have reached unprecedented levels, with 24-karat gold soaring to Dh521.75 per gram and 22-karat gold climbing to Dh483 by Monday evening, marking a significant increase from Dh510 and Dh472 earlier in the day. This surge follows a global rally, with the spot price of gold rising over 2% to approximately $4,346.8 … Read more
Dubai, UAE — Al Mal Capital REIT (AMCREIT), the Dubai Financial Market-listed real estate investment trust and subsidiary of Dubai Investments, has acquired the real estate asset of NMC Royal Hospital, located in Dubai Investments Park (DIP). The deal, which marks AMCREIT’s entry into the healthcare real estate sector, lifts its portfolio value to approximately … Read more
Dubai, UAE — The Federal Authority for Identity, Citizenship, Customs & Port Security (ICP) has unveiled a new payment initiative allowing residents to pay ICP service fees in instalments via credit cards. The measure, part of ICP’s “The Authority at Your Service” programme, was launched during GITEX Global 2025. What’s New Why This Matters What … Read more
The United Arab Emirates (UAE) continues to solidify its position as a prominent player in the global foreign exchange (FX) market. In 2024, the UAE FX market was valued at approximately USD 4.15 billion and is projected to reach USD 7.4 billion by 2033, reflecting a compound annual growth rate (CAGR) of 6.62% . Key … Read more
In April 2025, Singapore’s foreign exchange (FX) market experienced a significant surge, with average daily trading volumes reaching US$1.485 trillion. This marks a 60% increase from April 2022, solidifying Singapore’s position as the third-largest FX trading hub globally, following the United Kingdom and the United States. The growth was broad-based across currencies, with notable increases … Read more
🇸🇬 Monetary Authority of Singapore Maintains Policy Amid Resilient Growth The Monetary Authority of Singapore (MAS) is expected to keep its monetary policy unchanged during its scheduled review on October 14, 2025. Analysts anticipate this decision due to the nation’s steady economic growth, despite challenges such as U.S. trade tariffs. Core inflation remains subdued, and … Read more
Dubai has claimed a major milestone in the global digital-asset landscape, announcing on 12 October 2025 that it is now the world’s largest licensed market for virtual assets — a status officials say is backed by year-to-date transaction volumes of roughly AED 2.5 trillion and a fast-growing roster of regulated platforms and service providers. The … Read more
Short answer: Slightly bullish but volatile. The near-term bias looks tilted toward higher prices this week, but expect quick rallies and short-lived pullbacks — so trade carefully or stagger physical purchases. Why the upside bias exists Why a pullback or choppy trading is still possible Current prices and a realistic trading range (this week) What … Read more
NEW YORK, July 23 (Reuters) – U.S. business investment gained momentum in the second quarter as companies accelerated spending on artificial intelligence (AI) and took advantage of newly enacted federal tax incentives, analysts said on Wednesday. “Corporate America is in the midst of an AI-driven capital expenditure boom,” said Carlos Nguyen, head of U.S. equity … Read more
Bengaluru, July 23, 2025 – Infosys Ltd., India’s second‑largest IT services exporter, on Wednesday reported a consolidated net profit of ₹6,921 crore for the first quarter of fiscal 2025‑26, up 9% year‑on‑year from ₹6,352 crore in Q1 FY25. Revenue from operations grew by 8% YoY to ₹42,279 crore, ahead of street estimates of ₹41,725 crore The Economic TimesNDTV Profit. … Read more