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UAE’s Meteoric Rise as the World’s Second-Largest Gold Trading Hub
In a surprising turn of events, the UAE has overtaken the UK to become the world’s second-largest hub for gold trading. Last year, the nation surpassed $129 billion in transactions, marking a significant milestone in the global commodities landscape. This achievement is not a fluke but a result of decades…
Dubai Real Estate Market Correction 2025: A Moderate Shift, Not a Crash
Dubai's booming real estate market, which saw residential property prices rise nearly 60% from 2022 to early 2025, is expected to face a moderate correction in the second half of 2025, according to a report by Fitch Ratings. While this may sound alarming, the projected price drop of no more…
OPEC+ Oil Production Cuts Remain in Place While Voluntary Output Set to Rise
OPEC+ countries announced on Wednesday that they would keep their official oil production quotas unchanged, maintaining the current output policy agreed upon in their December meeting. This means the group is sticking with a 2 million barrels per day cut for all members, which will remain in place until the…
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