Page 12 - Waheed Abbas News Today

Nearly 40% of monthly income is spent on rent

Expo 2020 Dubai: These areas will see rents rise Representational image- Reuters Residential property rents in some locations could go up by around 10-15 per cent. Residential property rents in prime and waterfront locations in Dubai could go up by around 10-15 per cent during the upcoming Expo 2020 as millions of people from abroad and within the UAE will throng Dubai for the six-month period. Analysts and executives from the real estate industry suggest that prime areas with limited supply su...

Covid-19: UAE stays on UKs red list (Reuters file) From August 2, travellers with US and EU-approved vaccines will not have to quarantine. The UAE continues to remain on the UK’s red list of countries after a travel review by the government on July 28. Passengers travelling from the countries listed in the red category will have to quarantine for 10 days in a hotel on arrival. Alternatively, the UK nationals and UAE residents can stay in an amber or green list of countries for 11 days before...

Dubai: 24K gold prices likely to trade between Dh210 and Dh225 this week waheedabbas@khaleejtimes.com Filed on July 25, 2021 The precious metal was seen touching $1,775 an ounce but will regain some of the losses later this week. Gold prices for 24K are likely to trade between Dh210 and Dh225 per gram in Dubai this week, according to commodity analysts. The precious metal has had a very choppy last week closing at $1,802.3 per ounce, down by 0.29 per cent. In the UAE, 24K precious m...

UAE holidays: Hijri New Year likely date revealed KT file Due to changes in moon sightings, however, the UAE will not observe a long weekend this time. The UAE’s public and private sectors will enjoy the next official holiday in August on the eve of the Islamic New Year — also called the Hijri New Year or Arabic New Year. Unlike the Gregorian New Year, which is based on the solar system, the Islamic New Year is based on the lunar system. And Muharram is the first month of the Islamic calend...

Dubai: 24K gold price likely to trade between Dh215 and Dh225 this week Reuters Upbeat US retail sales data on Friday charged up the dollar and weighed on gold. Gold prices in Dubai are expected to remain range-bound, with 24K likely to trade between Dh215 and Dh224 per gram this week, according to commodity analysts. The Dubai Gold and Jewellery Group data showed 24K closed the week at Dh219.5 per gram, while 22K, 21K and 18K ended at Dh206.25, Dh196.75 and Dh168.75, respectively. Globally, th...

Dubai: 24K gold prices seen rising up to Dh225 this week File photo Commodity analysts say there is potential for a further positive push in gold prices. Gold prices will be dictated by three main events this week – the US inflation data, China’s second-quarter GDP report and US retail sales. Commodity analysts say that any disappointing data from the US and China would suggest weakness persisting across the world’s two largest economies and benefit the safe-haven gold. Meanwhile, traders...

Dubai: 24K gold likely to trade between Dh221 and Dh230 Reuters Gold unlikely to see significant downside this week, say commodity analysts Gold prices are expected to trade in range-bound over the next two months hovering between $1,675 and $1,900 per ounce, according to commodity analysts. Spot gold price last closed at $1,787.53 per ounce, up 0.66 per cent. In the UAE, the Dubai Gold and Jewellery Group data showed 24K trading at Dh216.5 per gram, 22K at Dh203.25, 21K at Dh194.0 and 18K at D...

UAE: Pakistani expat takes care of paralysed Indian man following suicide attempt waheedabbas@khaleejtimes.com Filed on July 1, 2021 Usmanullah Mir Dill Khan has been doing social service for a long time and has helped several other nationalities. Humanity has no boundaries. And the UAE is the best place to witness this. Despite disagreements between India and Pakistan, citizens of both countries live in peace and harmony in the emirates. The latest example is of Pakistani expat, Us...

24K price is expected to trade between Dh205 and Dh220 during the week