Sunday 16 March 2025
 
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Bas Kooijman

US-centric market shift to ‘impact UAE purchasing power’

The immediate drop in gold prices and the EUR/USD rate soon after the US election reflects market anticipation of a US-centric policy shift, which could adjust global capital flows and impact the UAE’s purchasing power and inflation.&nbs

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UAE will be home to 6,700 millionaires by end of 2024

The UAE has become a prime destination for high-net-worth individuals (HNWIs) with a record 6,700 millionaires expected to call the UAE home by the end of 2024, an investment expert has said. If this forecast is met, it will result in t

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