Author: dailyguardian.ae

Customs officials are increasingly intercepting passengers attempting to transport unauthorised quantities of gold in their hand baggage. A global effort to curb illicit hand-carry gold trade is gaining momentum, leading to heightened scrutiny for travellers carrying this precious metal in their hand luggage. As reported by Khaleej Times, the Dubai Multi Commodities Centre (DMCC) and the World Gold Council have joined hands to standardise international regulations and procedures to address the challenge of illicit gold trade by travellers and the gap in the responsible sourcing and trade of gold. This will ensure that travellers across the globe including the UAE,…

On October 9, 2023, Claudia Goldin, a professor of economics at Harvard University, was awarded the Nobel Prize in Economics for 2023, making her the third woman to win this prestigious award in economics after Esther Duflo and Elinor Ostrom, and the first woman to receive the prize as the sole laureate. It should be first indicated that the Nobel awards focus on contributions regardless of the gender factor. Despite her research interests as an economic historian, Goldin won the award in recognition of her research on women participation in the labour market in the United States. A major achievement…

The Indian rupee was trading in a narrow range against the UAE dirham in early trade on Wednesday, amid a muted trend in domestic equities. Forex traders said the rupee was trading in a narrow range as sustained foreign fund outflows weighed on investor sentiments. At the interbank foreign exchange, the domestic unit opened at 83.31(Dh22.7) against the dollar and then touched a high of 83.30, and a low of 83.32 against the greenback. Asian stocks backed away from 2-1/2-month high on Wednesday and the dollar found support as investors’ tempered some of their earlier enthusiasm about the prospect of…

Ahead of the UAE National Day, Nabeel Khan, a 23-year-old accomplished Sarangi player and descendant of the legendary 15th-century Mughal musician Mian Tansen, has composed a heartfelt rendition of the UAE’s cherished National Anthem on the sarangi—a short-necked three-stringed instrument widely used throughout South Asia for both folk and classical Hindustani music. Originally from Delhi, Nabeel now calls Dubai home, propelled by the opportunities offered through the UAE Golden Visa programme. His performances at prestigious venues worldwide, including the Louvre Museum, Sikka Arts Festival, and the Theatre of Digital Art, have garnered global acclaim. Nabeel’s latest musical endeavour, a tribute…

Discover fashion, home essentials, and unbeatable discounts at Centrepoint’s latest 43,400 sq.ft haven in the heart of BurJuman Mall By Anam Khan BurJuman Mall proudly announces the grand opening of Centrepoint’s expansive flagship store on Level 1 of the mall, marking a new era for shopping enthusiasts. Spanning an impressive 43,400 sqft, the store brings together four of the region’s beloved brands – Splash, Shoe Mart, BabyShop, and Lifestyle – under one roof. Redesigning the shopping experience: A fusion of style and savings This strategic move is poised to redefine the shopping experience for visitors at BurJuman Mall, offering a…

Ericsson ConsumerLab: Increase in 5G network satisfaction by users in United Arab Emirates A new Ericsson (NASDAQ: ERIC) ConsumerLab report titled ‘’ 5G Value: Turning performance into loyalty‘’  has revealed some unique insights and consumer trends about 5G in the United Arab Emirates (UAE). The satisfaction and user-loyalty-focused report highlights the Communications Service Providers (CSPs) business case potential for 5G as growing number of subscribers around the world including UAE express increased satisfaction with 5G. It also reveals that unsatisfactory 5G connectivity experiences at key locations such as stadiums, entertainment arenas and airports can make customers globally up to three…

It’s been a busy year for Samsung. At the beginning of 2023, the company launched its Galaxy S23 series. And this past summer, we got the Galaxy Z Fold 5 and Galaxy Z Flip 5 — two of the year’s best folding phones. However, it is never too early to anticipate the company’s next lineup of smartphones. If Samsung sticks to its previous calendar schedule, we can expect to see the Galaxy S24, S24 Plus, and S24 Ultra announced early in 2024. What can we expect from these phones regarding their specs, design, price, and more? Let’s look at everything we…

The Customs officials at the Delhi airport have seized gold bars worth Rs2 crore (Dh881,243.19) at the Indira Gandhi International Airport from three foreign nationals travelling from Dubai to India. The three people attempted to smuggle about 3.75kg of gold in a piece of cloth stitched to the waistband of their pants. In the video, shared by Delhi Customs on X (previously Twitter), officials are seen cutting through the cloth to retrieve gold bars wrapped in what looked like parchment paper. The three foreign nationals were arrested under the Customs Act, 1962, the report added. The incidents of gold smuggling…

At least 18 people, including a pregnant woman, have died in southern Nigeria’s Rivers state when an illegal oil refinery exploded into flames, a security official said on Tuesday. “The fire outbreak started at a very late hour… 18 victims were burnt beyond recognition while 25 injured persons were rescued,” Olufemi Ayodele, spokesman for the local Nigerian Security and Civil Defence Corps, said in a statement.

Oil prices surged on Monday amid expectations the Organization of Petroleum Exporting Countries (Opec) and its allies will not only extend output cuts but possibly even deepen them during their upcoming meeting. Brent crude futures rose 34 cents to $80.95 a barrel by 0915 GMT. U.S. West Texas Intermediate crude was up 31 cents at $76.20. The front-month December WTI contract expires later on Monday while the more active January futures gained 38 cents to $76.42. The upward momentum follows a four-week decline of 20 per cent in prices driven by reduced concerns over Middle East supply disruptions caused by…