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

News·Oil and Gas

OPEC+ Cuts Oil Production by 137,000 Barrels per Day Starting October 2025

OPEC+ has announced a new oil production cut, effective from October 2025, at a rate of approximately 137,000 barrels per day. This decision comes as part of a series of measures aimed at balancing supply and demand, and maintaining price stability amid

September 8, 2025

News·Tourism and Hospitality

Exciting Growth in Dubai’s Hospitality Sector

At the start of the new year, Dubai recorded a milestone in its hospitality and tourism sector, with hotel occupancy rates climbing above 81% during the first half of 2025, marking strong growth of nearly 4.5% compared to the same period last

September 8, 2025

Business·News

UAE–India Non-Oil Trade Reaches $65 Billion

The economic and diplomatic relations between the United Arab Emirates and the Republic of India are witnessing rapid growth, driven by the Comprehensive Economic Partnership Agreement (CEPA), which came into force in May 2022. Non-oil trade between the two countries rose to

September 4, 2025

News

UAE Updates Tax Rules for Free Zones

1. New Ministerial Decision No. 229 of 2025 The UAE Ministry of Finance has issued a new ministerial decision, No. 229 of 2025, replacing the previous Decision No. 265 of 2023. This update redefines the scope of qualifying activities within the tax

September 3, 2025

News

Gold Extends Gains Amid Fed Rate-Cut Expectations

Gold prices extended their rally at Tuesday’s close, reaching new record levels as investors flocked to the precious metal amid growing expectations of a U.S. Federal Reserve interest rate cut this month. December gold futures settled up 2.2%, or $76.1, closing at

September 3, 2025

Business·News

UAE’s Non-Oil Economy Maintains Expansion Amid Slower New Orders

The UAE’s Purchasing Managers’ Index (PMI) by S&P Global recorded 53.3 points in August 2025, up from 52.9 points in July. This confirms that the country’s non-oil economy continues to maintain a steady pace of growth despite global challenges. This positive reading

September 3, 2025

News·Technology

DIFC Courts Launch First UAE Notary Service for English Documents Using Blockchain Technology

In an inspiring step, the Dubai International Financial Centre (DIFC) Courts announced the launch of new services that enhance the effectiveness of digital justice in the UAE: the Mediation Service Centre and the Notary service powered by blockchain technology. This initiative follows

September 2, 2025

Business·News

Dubai Duty Free Continues Growth, Records Strong Sales in August 2025

Dubai Duty Free announced continued growth in its monthly sales, recording AED 646.23 million (USD 177 million) in August, up 15% compared to the same month in 2024, which stood at AED 561.53 million (USD 153.84 million). Year-to-Date Sales Performance According to

September 2, 2025

Business·News·Technology

UAE: A Destination for Global Companies to Establish Their Regional and Global HQ

In 2025, the UAE continues to strengthen its position as a strategic hub for global companies seeking to establish regional or even global headquarters. This is driven by advanced legislation, world-class digital and financial infrastructure, and its unique geographic location connecting Asia,

September 2, 2025

News·Stocks

Binghatti Holding Lists USD 500 Million Sukuk on Nasdaq Dubai

Nasdaq Dubai, the region’s international financial exchange, has welcomed the listing of a USD 500 million Sukuk by Binghatti Holding, a leading Dubai-based property developer. Issued under the company’s USD 1.5 billion Trust Certificate Issuance Programme, the Sukuk matures in 2030 and

September 2, 2025

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