by finance_admin | November 28, 2024 | Retail
Consumer spending in the UAE surged to $3.7 billion in the third quarter of 2024, driven by robust performance in the fast-moving consumer goods (FMCG) and technology sectors, according to the NielsenIQ Retail Spend Barometer, powered by GfK intelligence. This...
by finance_admin | November 28, 2024 | Commodities, Energy
Oil prices inched higher on Thursday amid reduced trading activity due to the US Thanksgiving holiday, as market participants turned their attention to a postponed OPEC+ meeting now set for December 5. Brent crude, the global benchmark, hovered near $73 per barrel in...
by finance_admin | November 27, 2024 | Technology
ServiceNow, in partnership with Oxford Economics, has released its AI Maturity Index Report, revealing significant insights into the adoption of artificial intelligence (AI) in the United Arab Emirates (UAE). The findings highlight how businesses in the region are not...
by finance_admin | November 25, 2024 | Real Estate
Vasileios (Bill) Kandris, Senior Property Consultant at Dacha Real Estate, has successfully brokered a groundbreaking AED 4,000,000 (approximately $1.1 million) annual rental agreement for a penthouse apartment at One at Palm Jumeirah. This transaction stands as one...
by finance_admin | November 22, 2024 | News, politics, Technology
China’s richest man, Zhong Shanshan, has publicly criticized online shopping platforms for sparking price wars that have negatively affected various industries, as the country grapples with an economic slowdown. In an uncommon and largely censored statement,...
by finance_admin | November 21, 2024 | Energy, News, Travel
An exclusive whitepaper produced for Arabian Travel Market (ATM) by Digital Tourism Think Tank (DTTT) has highlighted that only 15% of UN Sustainable Development Goals (SDGs) related to tourism are on track to be achieved by 2030 according to the body, underscoring...
