Strait of Hormuz Featured TRUCE IN NAME ONLY-The Ceasefire is Holding on Paper. The Strait of Hormuz is not... Three months into the most consequential energy supply shock since the 1970s, the Gulf is operating under a paradox: a ceasefire that everyone claims is in force and nobody is fully honouring.
Oil Prices Featured GLOBAL SHOCKWAVES — THE HORMUZ CHOKEPOINT REDEFINES RISK The IEA warned the Hormuz closure — chokepoint for ~20% of global petroleum and 25% of LNG — could become the largest oil supply disruption on record, with global output expected to fall 8mn bpd in March (~8% of world demand.
Disneyland Featured New Disney Theme Park announced in Abu Dhabi... Announcement of the Disney Theme Park Resort project on Yas Island, Abu Dhabi, following a strategic partnership agreement between The Walt Disney Company and Miral.
Abu Dhabi Featured Gold Prices Surge to All-Time High… Gold prices surging to an all-time high of $2,708 last week, as expectations of further rate cuts by the US Federal Reserve and uncertainties over the impending US election, boosted demand for bullion.
Dubai Featured UAE Golden Visa Eligibility Requirements Eased for Dubai Real Estate Investors UAE’s economy is forecast to grow by 5.7% YoY in 2024, according to the Undersecretary of the Ministry of Finance.
Dubai Featured BRICS UAE, Saudi Expansion Marks Biggest Challenge to the US Dollar in the 21st Century… UAE News: Dubai PMI rose to a 16-month high of 57.7 in December (Novemver: 56.8), supported by the wholesale & retail sector’s strong “upturn in sales” alongside the travel & tourism sector’s “rapid” growth. New order growth was the second-fastest recorded since June 2019
Dubai Featured UAE ‘Silver Visa’: 5-year Trade Licence and Visa Package… Dubbed a “silver visa” the start-up offer is available at a fraction of the price of golden visas, which can require significant financial investments.
