Ras Al Khaimah (RAK) has initiated efforts to strengthen collaboration with the UK, as evidenced by the signing of an agreement aimed at bolstering future investments and providing support to existing British investors in the emirate. The bilateral agreement also seeks to enhance business activities by facilitating international connectivity between Ras Al Khaimah and the […]
BRICS Nations’ Wealth Hits $45 Trillion, Projects 85% Surge in Millionaires A recent report unveils that the BRICS member states, now expanded to 10 nations, collectively possess investable wealth amounting to $45 trillion. This economic coalition, which includes Brazil, Russia, India, China, and South Africa, welcomed Saudi Arabia, the UAE, Iran, Egypt, and Ethiopia in
BRICS Nations Amass Combined Wealth of $45 Trillion, Surpassing G7 Read More »
IMF Upgrades Saudi Economic Growth Forecast to 5.5% Saudi Arabia’s economy is poised to expand by 5.5 percent this year, as per the latest projections from the International Monetary Fund (IMF). The IMF’s revised outlook reflects a notably positive stance toward the Kingdom’s economic trajectory. In its January 2024 report titled “Updates on Global Economic
IMF Boosts Saudi Economic Growth Forecast to 5.5% Read More »
Elie Saab is set to curate an exclusive fashion spectacle for Riyadh Season in Saudi Arabia. The CEO of the General Entertainment Authority, Faisal Bafarat, joined hands with renowned fashion luminary Elie Saab in London to formalize a memorandum of understanding. This collaboration aims to craft a unique blend of fashion and entertainment for the
Elie Saab to orchestrate a fashion extravaganza for Riyadh Season in Saudi Arabia Read More »
If you’ve ever scrolled through TikTok, chances are you’ve come across the Abraham family’s videos featuring luxury, wealth, and prestigious brands. However, Emily, Adam, and their daughter go beyond being mere TikTok content creators. Emily Abraham, a mother and entrepreneur, along with her husband, owns the successful second-hand luxury store, Love Luxury. Following its remarkable
The Rise of the TikTok Abraham Family: From Luxury Resale to Social Media Stardom Read More »
The Middle East’s expansive $89 billion fashion market is poised for a significant shake-up as OSKELLY, the rapidly emerging East European fashion resale platform, prepares for its entry into the UAE. With ambitious plans to redefine the luxury fashion resale sector in the region, OSKELLY aims to shift perceptions from “pre-used” to “pre-loved” through a
Sharjah’s 53rd Watch & Jewellery Middle East Show (WJMES) is currently mesmerizing visitors with a dazzling array of creations, including a gold bike and scooter valued at AED3 million ($817,000), Egyptian artefacts worth AED4 million ($1.1 million), and Emirati clothing valued at AED1.3 million ($354,000). Taking place at Expo Centre Sharjah, WJMES provides visitors
Dubai Fashion Week commences on Sunday, February 4, heralding a dazzling lineup of regional and global designers for the Autumn/Winter 24/25 season. This eagerly anticipated fashion extravaganza introduces an exciting array of new talents alongside established labels, accompanied by a calendar of exclusive presentations, events, and brand activations aimed at inspiring and captivating the
Dubai Fashion Week Autumn/Winter 24/25 Read More »
Following a drone strike on an American outpost in Jordan that claimed the lives of three troops, the United States on Friday night launched its first round of retaliation strikes against militants backed by Iran in Iraq and Syria, resulting in at least 23 fatalities. In a statement, the US Central Command (Centcom) said that
President Recep Tayyip Erdogan has appointed Fatih Karahan, the Deputy Governor of the central bank, as its new head, succeeding Hafize Gaye Erkan, who resigned from her position. The announcement of Karahan’s appointment, a former senior economist at the US online retail giant Amazon, was made in the Official Gazette early on Saturday. Erkan cited
Turkey Names Fatih Karahan as New Central Bank Chief Following Erkan’s Resignation Read More »
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