Lebanese fleeing conflict zones spark safe housing shortage and rental price surge, compounding pressures on peak tourism season |
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| The luxury home market in prime Dubai locations is anticipated to remain strong |
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| Over 60 Rhinos and classified ventures are expected to hit the market within the next 3 to 5 years, experts reveal | |
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| Despite Monday’s global market turbulence, experts emphasise the UAE’s economic resilience and growth potential even as international markets face uncertainty | |
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| The global stock market sell-off, triggered by fears of a potential US recession and weak economic data, has significantly impacted the fortunes of the world’s wealthiest individuals | |
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| The Saudi foreign ministry issued a statement reiterating its advice for nationals to avoid travel to Lebanon | |
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| The UAE has urged citizens to avoid areas with rioting in UK amid safety concerns |
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The current market turbulence has raised alarm bells among investors, who fear that the world’s largest economy may be teetering on the brink of recession |
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| The sell-off, which began last Friday following disappointing US jobs data, has since spread to markets across Europe, Asia, and the Middle East |
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| Emaar, Emirates NBD, DIB sees massive drops alongside shares in ADX and Tadawul as global markets are affected by investor sentiments with Wall Street’s ‘fear index’ reaching its highest level in four years |
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| A perfect storm of financial circumstances led to global markets meltdown said Saxo Bank’s Chief Investment Strategist |
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| The US has seen disappointing economic data releases recently, fuelled by a labour market report from the US government causing concern |
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| “It would be beyond negligent for the Federal Reserve not to announce an emergency interest rate cut in response to the global rout in stock markets,” deVere Group CEO says |
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The historic inclusion of e-sports in the Olympics marks a significant milestone, blending tradition with modern innovation |
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| Inclusive and empowering, the region today stands proudly as a gaming and esports epicenter with vast opportunities for all to pursue dreams, harness talent, and realize potential |
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