“The weak economic report raised expectations that the US Federal Reserve would likely delay tapering of its stimulus and hence postpone its timeline for raising interest rates as well. …Read the full story
Solar photovoltaic panels are currently being installed, as well as a water treatment unit to reuse the water for irrigation and cleaning. “IACAD undertakes a globally-orientated mission focused on promoting the values of moderate Islam, developing charitable work and building mosques in accordance with international best practices. …Read the full story
In the UAE, 24K prices rose half a dirham to Dh216.75 at the opening of the market as compared to Tuesday prices. “The dollar index has lost its upward momentum and this has helped the gold prices to move higher. “The elephant in the room is this Delta variant and whether it does materially affect […]
“On a federal and local level, we work as one team to take our national economy to new heights. Sheikh Mohammed also noted that a national measure of spending on research and development was adopted. The UAE Vice-President further noted that the Cabinet had adopted a set of legislative amendments in the field of emergency […]
“Ultimately the new rules will make it more costly for banks to hold unallocated gold accounts. The metal is expected to remain range-bound between these levels and only a sustained break on either side will determine the next direction in gold,” he added. …Read the full story
Because soon after, the Internet did its thing and before you knew it, Bernie Sanders’ mitten and jacket image was inserted between the two of them. Your first priority should always be being insane on Twitter.” Dare I say I’m handling my priorities very well, being insane on Twitter is the first and the last […]
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There are approximately 3.5 million Indian nationals living in the UAE who prefer to buy gold jewellery in Dubai, which is popularly known as the City of Gold. …Read the full story
“Technically, the metal has broken 100-day and 200-day moving average at $1,795 and $1,837, respectively, which will now act as a resistance level. …Read the full story
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The precious metal price closed at $1,876.87 an ounce on Friday, down 1.12 per cent or $21.21 an ounce. US consumer prices rose solidly in May, leading to the biggest annual increase in nearly 13 years as a reopening economy boosted demand for travel-related services. …Read the full story
Bitcoin has undoubtedly laid the foundation for the rapid development of Blockchain technology as we know it today. To try and understand why Satoshi Nakamoto chose a pseudonym, it is a good idea to recall the basic idea behind Bitcoin. If Satoshi had chosen to reveal their real identity, they would have become the central […]
In 12 January, 2009, the pseudonymous Satoshi Nakamoto made the first-ever Bitcoin transaction, sending 10 BTCs to developer Hal Finney and just like that a new asset, or rather a new asset class was born. Going back a bit further, triggered by the 2008 financial crisis, Nakamoto mined the first-ever Bitcoin block, named the genesis […]
Toshiba Gulf FZE, the wholly-owned subsidiary of Toshiba Corporation, highlighted the significant surge in its market share in key geographies of UAE, Saudi Arabia and South Africa over the past year. By continuing its �go wide, go deep� channel policy and excellent product offering in 2020, Toshiba Gulf has seized a significant 45 per cent […]
Considered to be an auspicious time for buying gold, the festival is celebrated primarily by Indian Hindus and Jains. Shamlal Ahamed, managing director of international operations at Malabar Gold, told Khaleej Times: “Even though the cases in the UAE are well under control and the vaccination rates are extremely high, the situation in India has […]
Just last month, the debate ruling the social media channels was who became the first UAE artist to sell an artwork as a NFT? Leaving the debate aside, let’s jump straight into understanding the world of non-fungible-tokens and its future. As a multimedia and tech artist, I bring words and sounds to life, injecting meaning, […]
The metal’s staggering last week rally is attributed to disappointing US economic data, primarily the jobs data. Besides, April’s reading was also revised down to 770,000 from 916,000 jobs that were reported earlier. “Consequently, this weighed on the dollar and Treasury yields and lifted the dollar-denominated commodity. “For this week, gold traders look forward to […]
“At some point, a central bank will have Bitcoin on its balance sheet, that just will happen because central banks have gold on their balance sheet. The famous Winklevoss twins — Cameron Winklevoss and Tyler Winklevoss — you may recall are known for their legal battle with Facebook, founder Mark Zuckerberg, but that is past. […]
Claiming victory for the LDF, Vijayan said, “Our victory today is the victory of the people. Shailaja, sitting health minister who won international praise for her handling of the Covid crisis in the state last year . Sreedharan aka Metro Man lost in Palakkad, a Hindu majority constituency, to Congress candidate Shafi Parambil. I don’t […]
