News - Page 7

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

Business·News

Dubai: Free Zone Mainland Operating Permit Opens New Doors for Businesses

Dubai has once again raised the bar for business innovation with the introduction of the Free Zone Mainland Operating Permit — a bold regulatory shift aimed at knitting together free zone firms and the broader mainland economy. By making it easier for

October 8, 2025

News·Stocks

Nasdaq Dubai Welcomes Emirates Islamic’s USD 500 Million Sustainability-Linked Sukuk

On 8 October 2025, Nasdaq Dubai celebrated the listing of Emirates Islamic’s USD 500 million Sustainability-Linked Financing Sukuk, marking the world’s first sukuk of this kind. This landmark issuance, conducted under Emirates Islamic’s USD 4 billion Sukuk Programme, underscores the bank’s leadership

October 8, 2025

Gold·News

Gold Hits New Record High

Gold surged to a new record, climbing to $3,891.05 per ounce on October 1, 2025, up 0.83% from the previous day, extending its rally amid political and economic uncertainty in the United States. This surge came in the wake of the partial

October 1, 2025

News·Real Estate

AED 12.53 Billion in Dubai Real Estate Sales in One Week

Dubai’s real estate market recorded another strong week, with total real estate transactions reaching AED 16.49 billion across 6,077 deals, according to data from the Dubai REST application, issued by the Dubai Land Department (DLD). Breakdown of Sales Out of the total

September 29, 2025

Crypto·News

Cryptocurrency Markets Under Heavy Pressure With Billions in Liquidations

The cryptocurrency markets had a tough day on Friday, as a wave of red swept across trading screens in a sharp selloff that reminded investors of the risks inherent in the sector. Bitcoin (BTC) fell below $109,000, marking its lowest level in

September 26, 2025

FinTech·News

Dubai Among the World’s Top 4 FinTech Hubs, Powered by DIFC’s Vision

Dubai has secured a place among the world’s top four FinTech hubs, according to the latest Global Financial Centres Index (GFCI). This global recognition underscores the city’s success in consolidating its role as a financial powerhouse and innovation hub, largely driven by

September 26, 2025

Gold·News

Gold Holds Steady Ahead of Key U.S. Inflation Data

Gold prices steadied on Friday as traders awaited the release of U.S. inflation figures, after recent economic data eased expectations for aggressive interest rate cuts by the Federal Reserve. Thursday’s U.S. reports showed weekly jobless claims declining, while the economy grew at

September 26, 2025

Gold·News

Gold Breaks Above $3,800: Drivers, Risks, and the Road to $4,000

Gold has reached new historic levels, surpassing $3,800 per ounce in futures contracts, marking a milestone in the trajectory of the precious metal. This breakthrough is not merely a technical move; it represents a strong signal of eroding confidence in the U.S.

September 23, 2025

News

Fed Cuts Rates by 25 Basis Points as Expected

The U.S. Federal Reserve announced a 25 basis point (0.25%) rate cut, bringing the federal funds rate to a range of 4.00% – 4.25%, in line with market expectations. This marks the first reduction in borrowing costs since last December, aimed at

September 17, 2025

Artificial Intelligence (AI)·News

MGX and the Altera Deal: An Emirati Step Toward AI Leadership

In a world where technological advancements move at lightning speed, the UAE is emerging as a key player determined to secure the keys to the digital future. This is where MGX, an Emirati company, steps in by participating in the acquisition of

September 17, 2025

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