UAE savings guide: How to save more of your salary with the 50/30/20 ruleDubai real estate: London Gate unveils details of record-breaking $545m Franck Muller residential clocktower, prices start at $435,000Vision 2030: Saudi Arabia’s escape from the economic pitfalls of ‘Dutch Disease’Bentley CEO: Middle East buyers ‘love’ customisation, buying more cars as rest of the world suffer global economic headwindsRevealed: Cryptocurrency market set for zoom ride in 2024 amidst talk of Bitcoin price hitting historical $100,000 mark |
On Tuesday, Arabian Business covered some of the most happening stories in the region, which included the London Gate unveiling details of record-breaking $545m Franck Muller residential clocktower, Saudi Arabia’s escape from the economic pitfalls of ‘Dutch Disease’ and more. |
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That said, here are five trending stories you missed yesterday. |
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If you have been planning to open a savings account this year, but struggle with creating a proper budget for yourself, try out the 50/30/20 savings rule, as recommended by UAE personal finance experts. |
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Aside from this, in Saudi Arabia, under its Vision 2030 blueprint, the kingdom has worked to transition its oil-dependent economy to a post-hydrocarbon future, and in the process avoid the pitfalls of “Dutch Disease.” |
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Meanwhile, the luxury car market globally has started to see signs of slowing as interest rates rise and macroeconomic conditions weaken. However, one region continues to be a bright spot- the Middle East. According to Adrian Hallmark, Chairman and CEO of Bentley Motors, demand in the Middle East remains strong compared to elsewhere. |
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Moreover, the cryptocurrency market is gearing up for a zoom ride in 2024 with Bitcoin price predicted to hit a historical $100,000 mark this year, amidst the growing euphoria around Bitcoin ETF (exchange-traded fund) approval by the US market regulator and the next halving of the digital currency creating waves of positive sentiments among investors. |
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| Matthew Amlôt Editor in Chief, Arabian Business | [email protected] |
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