Category Archives: Business & Investments

Business & Investments

Dubai Investments Announces First Flagship Mixed-Use Development in Africa

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Dubai Investments Announces First Flagship Mixed-Use Development in Africa

Innovative2,000-hectare mixed-usedevelopmentin Angola is positioned to be Africa’s unique integrated residential, commercial and industrial hub

Dubai, UAE, January10th, 2024:Dubai Investments, a leading investment company listed on the Dubai Financial Market (DFM), has marked a significant entry into the African markets with the announcement of its first flagship mixed-use development in Africa – the Dubai Investments Park (DIP)Angola.

Dubai investments Park Angola, the innovative 2,000 hectare unique integrated mixed-use residential, commercial and industrial hub in Angola, Africa, is planned and designed in line with highlighting Dubai Investment’s expertise in crafting immensely successful mixed-use developments.

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Business & Investments

Saxo Q1 Outlook: What happened to the future?

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Saxo Q1 Outlook: What happened to the future?

Dubai, United Arab Emirates, 9th January 2024: Saxo has today published its Q1 2024 Quarterly Outlook for global markets, including trading ideas covering equities, FX, currencies, commodities and bonds, as well as a range of central macro themes impacting client portfolios. 

In Q4 of last year, Saxo called for investors to take a long position on bonds as the bank’s strategists recognised that the global economy cannot deal with historically high real yields, as productivity and population growth are simply not high enough. With a historically long lag to monetary policy, the high bond yields in 2023 are finally beginning to bite, and central banks are priced to cut policy rates in 2024, changing the underlying dynamics.

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Business & Investments

Century Financial commodity outlook

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Vijay Valecha, Chief Investment Officer, Century Financial on Global Markets, Cryptos, Crude Oil, Gold updates

  • Crude Oil 

U.S. oil futures post biggest daily drop since November as Saudi price cut raises demand worries: Oil futures start the week with a hefty loss as Saudi price cuts underline fears about demand.

Shell Flags Impairment Hit of up to $4.5 Billion: Shell said its fourth-quarter earnings took a hit of up to $4.5 billion in impairments that were offset by significantly higher gas trading, while its overall production volumes are on track to meet targets.

Saudis cut crude prices to all regions amid oil-price weakness: Saudi Aramco on Sunday said it would cut crude prices to all regions, including its largest market in Asia — a move that comes amid weaker global oil prices.

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Business & Investments

Gulf Print & Pack 2024 opened by H.H. Sheikh Hasher bin Maktoum al-Maktoum, Director General of Dubai Information

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Gulf Print & Pack 2024 off to a strong start

Show opened by H.H. Sheikh Hasher bin Maktoum al-Maktoum, Director General of Dubai Information

Day oneconnects thousandsof print and pack professionals with 250+ exhibitors from 20+ countries

DUBAI – January9, 2024: His HighnessSheikh Hasher bin Maktoum al-Maktoum, Director General of Dubai Information, today opened the highly-anticipated Gulf Print & Pack 2024, MENA’s leading print technology trade show forprinters and Print Service Providers (PSPs),at Dubai World Trade Centre.

Reaffirming Dubai’s position as hub for technological innovation and sustainability, over 250 exhibitors showcased their latest machinery, materials and software to regional buyers responsible for printing educational and children’s books, photobooks, labels, packaging, direct mail, posters, banners, digitally-printed textiles and display graphics, from a wide range of business sectors.

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Business & Investments

HIMA inaugurates first facility in Saudi Arabia

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HIMA inaugurates first facility in Saudi Arabia,demonstratingstrong commitment to localizedsafety automation solutions

Dammam, Saudi Arabia, 9January 2024

HIMA Group, global independent provider of safety-related automation solutions for the process and rail industries, has solidified its presence in KSAwith the establishment of HIMA Saudi Arabia. Dedicated to advancing operational safety and reliability, this strategic move aligns seamlessly with the ‘Vision 2030’ strategy and actively supports the Kingdom’s localization programs in the industrial sector, championed by the transformative Saudi Aramco IKTVA program. 

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