News - Page 17

News

Salik Stock Analysis: Technical Trends, Market Signals, and Future Projections

Salik Stock Overview Technical Analysis 1. General Trend Analysis 2. Support and Resistance Levels 3. Technical Indicators A. Moving Averages B. Relative Strength Index (RSI) C. Trading Volume Analysis D. Other Indicators Future Predictions 1. Possible Bullish Scenario 2. Possible Bearish Scenario

March 20, 2025

News·Tourism and Hospitality·Travel

Dubai Welcomes 7.2 Million Visitors in First 4 Months of 2025, Up 7% from 2024

The latest statistics released by the Dubai Department of Economy and Tourism revealed that the number of visitors to the emirate reached 7.2 million international visitors during the first four months of 2025, representing a growth rate of approximately 7% compared to

June 12, 2025

News

New Margin Trading Rules in the Dubai Financial Market

On June 10, 2025, the Dubai Financial Market (DFM) issued a new circular announcing the adoption of updated rules to regulate margin trading through licensed financial institutions. This step, made in cooperation with the Securities and Commodities Authority (SCA), aims to enable

June 11, 2025

Crypto·News

Bitcoin Breaks the $110K: Strong Rally Driven by Multiple Factors

Bitcoin kicked off June with a powerful surge, rising by 3.8% in just 24 hours to reach the $110,000 level before temporarily stabilizing at $109,600 early Tuesday Asia time. This marks the strongest upward move of the month so far and comes

June 10, 2025

News

Global Growth Slowdown: World Bank Lowers 2025 Forecast

The World Bank has lowered its forecast for global economic growth in 2025 to 2.3%, down from 2.7% projected in January, marking the weakest growth rate in 17 years—excluding the recession years of 2009 and 2020. For 2026, the growth forecast was

June 10, 2025

News

The UAE Continues to Attract Global Hedge Funds: Dubai and Abu Dhabi Lead the Financial Scene

A recent report by London-based IG Prime praised the growing influence of Dubai and Abu Dhabi in the hedge fund industry, which has now exceeded a global size of $4.5 trillion. The UAE has become a “magnet” for hedge funds and financial

June 10, 2025

News

Gold Prices Drop as Geopolitical Tensions Ease and Investors Await U.S. Inflation Data

Gold prices fell below $3,310 per ounce today Tuesday, pressured by a decline in safe-haven demand amid cautious optimism over U.S.-China trade relations. The drop followed the start of high-level trade talks between the two countries in London on Monday, aimed at

June 10, 2025

News·Travel

Dubai Airport Transition: DXB to Close as Al Maktoum Takes Over

Dubai International Airport (DXB), the world’s busiest international airport, handled a record-breaking 92.3 million passengers in 2024, establishing itself as the global gateway in travel and tourism. Yet, despite its unmatched success, DXB faces significant space constraints—surrounded by highways, residential zones, and lacking

June 9, 2025

News

FIVE Hotels Dubai Explores International Listing in London or New York

In a move that reflects its global ambitions, FIVE Holdings — the operator of the popular FIVE Hotels and Resorts in Dubai — is reportedly considering listing its shares on either the London Stock Exchange or the New York Stock Exchange, according

June 4, 2025

News

World Gold Council Reveals Surprising Data on Central Bank Gold Purchases

A report released by the World Gold Council on Tuesday revealed that net purchases of gold by central banks in April totaled just 12 tonnes—a 12% decline from March and significantly below the 12-month average of 28 tonnes per month. This unexpected

June 4, 2025

Crypto·News

Solana Foundation Signs Crucial MoU With Dubai’s VARA

Key Highlights: After signing a Memorandum of Understanding (MoU) with Dubai’s Virtual Assets Regulatory Authority (VARA), the Solana Foundation is preparing to establish its own economic zone in the emirate. Solana announced the development on X (formerly Twitter), stating that this marks

June 3, 2025

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