Author: dailyguardian.ae

More than 500 drones have been lighting up the night skies of the city as part of the Dubai Shopping Festival’s (DSF) iconic drone show. Telling the story of two Dubai’s – one of the past and one of the future – the mesmerising display of colour and creativity has become an integral part of the festival. According to Kaltham Alshamsi from the DFRE – which organises the event – the show is a result of months of hard work involving over a hundred employees. “The best feeling is during the testing night when everything you envisioned comes to life,”…

CES is definitely a laptop show. In previous years, we’d get whole swaths of gaming laptops or laptop manufacturers taking risks with designs. At CES 2024, many of our favorite laptops got redesigned, whether it was slightly tweaking the formula or opting for a radical new direction. So, ignore all the hubbub about AI and just take a gander at these gorgeous and innovative new laptops, which are the best that CES 2024 has to offer. HP Spectre x360 14 The Spectre x360 has been one of our favorite laptops for a while now. It’s the go-to, premium convertible 2-in-1…

Vijay Valecha, Chief Investment Officer, Century Financial on Global Markets, Cryptos, Crude Oil, Gold updates U.S. oil futures post biggest daily drop since November as Saudi price cut raises demand worries: Oil futures start the week with a hefty loss as Saudi price cuts underline fears about demand. Shell Flags Impairment Hit of up to $4.5 Billion: Shell said its fourth-quarter earnings took a hit of up to $4.5 billion in impairments that were offset by significantly higher gas trading, while its overall production volumes are on track to meet targets. Saudis cut crude prices to all regions amid oil-price weakness:…

The launch of Astrobotic’s Peregrine Mission 1 on Monday marked the first attempt to put an American lander on the moon since the final Apollo mission in 1972, but sadly it won’t be happening. A few hours after liftoff from the Kennedy Space Center, news came through that the Peregrine spacecraft suffered a “critical” propellant leak that meant Astrobotic had little hope of becoming the first commercial company to achieve a soft landing on the moon. And then, on Tuesday, after having further investigated the situation, the Pittsburgh-based company confirmed that there was now “no chance of a soft landing…

A few delivery riders turned heroes when they managed to calm down a scared horse that ran through the streets of Dubai. In a video posted on social media, the horse can be seen running across an Umm Suqeim street traffic intersection in an agitated manner. Three riders were at the scene. Two delivery riders can be seen parking their bikes at the intersection and running towards the horse in an effort to calm it down. One, wearing a black jacket manages to catch the horse by the cheekpiece of its bridle and guide it to safety. Two other Talabat…

The World Bank on Tuesday increased the UAE’s growth forecast for 2024 and 2025 on the back of a stronger rebound in oil activity and export growth. According to the World Bank’s latest Global Economic Prospects, the UAE economy is projected to grow 3.7 per cent and 3.8 per cent in 2024 and 2025, respectively. This is 0.3 per cent 0.4 per cent higher than its earlier forecast released in June 2023. In December, the UAE Central Bank increased the 2024 growth forecast for the country’s economy from 4.3 per cent to 5.7 due to higher oil production. The global…

There are many important aspects to being a successful club manager, but David Taggart aims to use the work ethic that he successfully employed in his previous role at the Dubai Creek Resort to drive the iconic club onwards and upward into the future. “As a Course Superintendent and greens keeper you always aspire to set very high standards,” Taggert told Khaleej Times ahead of the $2.5m Dubai Invitational, the first DP World Tour event of 2024 which tees off on Thursday “When you come from an agronomy background and you are used to working very long hours and setting…

Saxo Q1 Outlook: What happened to the future? Dubai, United Arab Emirates, 9th January 2024: Saxo has today published its Q1 2024 Quarterly Outlook for global markets, including trading ideas covering equities, FX, currencies, commodities and bonds, as well as a range of central macro themes impacting client portfolios.  In Q4 of last year, Saxo called for investors to take a long position on bonds as the bank’s strategists recognised that the global economy cannot deal with historically high real yields, as productivity and population growth are simply not high enough. With a historically long lag to monetary policy, the…

CES typically isn’t a big show for mobile, but CES 2024 has been a strange exception to that rule. From the Asus ROG Phone 8 Pro to futuristic foldable concepts from Samsung, there’s been a lot of exciting mobile tech to look at. That also includes Clicks — a new accessory that essentially transforms your iPhone into a BlackBerry. The Clicks Creator Keyboard was announced on January 4, and at CES 2024, I had an opportunity to go hands-on with the keyboard case to see what it’s really like. And now that I’ve used it, I think it’s one of…

Lured by a favourable regulatory landscape, an increasing number of Indian crypto companies are relocating to Dubai in an attempt to evade the high tax regime in their home country. Crypto analysts see the exodus as a reaction to the stringent tax rules and ambiguous legal guidelines for digital currencies in India. In June 2022, the government introduced a 30 per cent tax on cryptocurrency trading profits and one per cent tax on transactions exceeding Rs10,000. Juxtaposed with the harsh crypto ecosystem, low taxes, ease of business establishment, and dedicated regulatory framework for digital assets make the UAE, Middle East’s…