Picture used for illustrative purpose.
World shares dipped on Monday as the US Senate’s passage of a $1.9 trillion stimulus bill put fresh pressure on Treasuries and tech stocks with lofty valuations, raising inflation jitters.
Bitcoin passed the $60,000 mark for the first time on Saturday, with analysts saying the giant US stimulus package helped boost the world’s most popular virtual currency on its record-breaking run.
Asian shares pushed higher on Friday after US President Joe Biden signed a $1.9 trillion stimulus bill into law, and as a retreat in bond yields overnight eased global concerns about rising inflation.
World shares inched higher while US bond yields held near a 13-month peak on Monday on bets that economic growth would accelerate, even though investors became wary of the Federal Reserve and other key central bank meetings in the days ahead.
The Dubai property market is witnessing a remarkable recovery as an upward trend is noted in both the prices and demand for residential properties.
The last year was a very successful year for the Hamriyah Free Zone Authority (HFZA) in Sharjah, where it has continued to consolidate its position as a favored investment
Dubai’s business events sector and broader economy are poised to benefit from another year of successful bidding activity led by Dubai Business Events (DBE), the city’s official convention bureau.