Connect with us

Business

Gold gets cheaper in Dubai, but why aren’t people buying yet?

Published

on

Spread the love

Gold prices in Dubai continued to fall on Thursday morning, dropping nearly Dh10 per gram in just 24 hours as global rates slipped below $3,200 an ounce.

According to Dubai Jewellery Group, 24K gold was trading at Dh378.5 per gram, down from Dh388.25 the previous day, a drop of Dh9.55.

Other gold categories saw similar declines:

  • 22K fell to Dh350.5 per gram (down Dh9.25)
  • 21K dropped to Dh336.5 per gram
  • 18K was at Dh288 per gram

Shoppers Still Waiting

Even with the noticeable price dip, many gold buyers in the UAE are still holding back. They’re hoping prices will slide further,  possibly to around Dh340 per gram, similar to what was seen in March.

Burned by Past Price Surges

Over the past year, gold has seen several short-term dips that made shoppers believe a bigger correction was coming. But in most cases, prices bounced back within a day or two, often reaching new highs. This seems to have made buyers more cautious.

Summer Promotions May Help

If gold prices stay soft, retailers are expected to launch new promotions ahead of the summer holidays, potentially cutting prices by another Dh3–Dh5 per gram through special discounts.

But for now, the big question remains: Will gold fall below Dh350 per gram and bring shoppers back?

With over 35 years of experience in journalism, copywriting, and PR, Michael Gomes is a seasoned media professional deeply rooted in the UAE’s print and digital landscape.

Announcements

Canada Super 60 names Women’s Trophy after cricketing legend Mel Jones

Published

on

Spread the love

Canada’s pioneering cricket league, Canada Super 60, has announced that its inaugural Women’s Trophy will be named in honour of Mel Jones, the former Australian cricketer, respected broadcaster, and tireless advocate for women’s cricket.
Canada Super 60 is the world’s first-ever ten-over-a-side event to launch with both men’s and women’s competitions from its inaugural season. The league will be staged under the roof of the iconic BC Place in Vancouver, showcasing international stars alongside homegrown Canadian talent.

As part of its commitment to celebrating women’s cricket and inspiring future generations, Canada Super 60 will name the Women’s Trophy each year after an international women’s cricket legend. This tradition will not only create awareness but also honour trailblazers whose contributions have shaped the women’s game.

This year, the league has chosen Mel Jones—not only for her outstanding career in cricket and broadcasting, but also for her leadership off the field. Jones has been a leading voice for women’s cricket worldwide, and the ICC has widely recognized her efforts. She played a pivotal role in supporting Afghan women cricketers forced to flee their homeland after the Taliban takeover in 2021, helping coordinate their evacuation to Australia, providing resources, and co-founding the Pitch Our Future initiative to support their education and sporting careers. In recognition of these efforts, she was honoured with the prestigious MCC Spirit of Cricket Award in 2025.

Thanks to her advocacy and international coordination, many of these Afghan players found refuge abroad including two who are now living in Canada, following the Canadian government’s support for their refugee applications. This aligns with the Canada Super 60 vision of using cricket as a platform for opportunity and inclusion. Mel Jones on Receiving the Honour said “This honour from Canada Super 60 truly humbles me,” said Mel Jones. “To have the Women’s Trophy named after me is something very special. What excites me most is the vision behind this initiative creating more opportunities and visibility for women’s cricket, especially in associate nations. Platforms like Canada Super 60 will inspire and empower a new generation of players. My hope is that one day, a Canadian cricket legend will have this trophy named after them, as the women’s game continues to grow in this country.”

The Canada Super 60 Women’s Trophy will be presented at BC Place, Vancouver, during the inaugural edition of the tournament, taking place from October 8–13, 2025.

Continue Reading

Announcements

Mosaic opens in Dubai, promising smarter marketing decisions for UAE businesses

Published

on

Spread the love

Mosaic, an integrated marketing agency, was officially launched in Dubai recently promising a new, more intentional approach to business growth for companies in the UAE. Led by Agency Director Shubhang Bhattacharya and Head of Digital Prasanna Venkat, Mosaic aims to buck a common market trend: businesses that start strong but struggle to scale.

Bhattacharya and Venkat have spent the last decade in the business setup space in Dubai, launching campaigns that helped countless businesses start. This experience has given them a clear vision for Mosaic. 

“So many businesses, no matter how long they’ve been around, try to handle marketing on their own and miss out on huge opportunities,” says Bhattacharya. “Making the right decisions at the right time is a make-or-break moment for any business. We give businesses the expertise to make marketing a cornerstone of their success, not just an afterthought.”

Mosaic’s philosophy centres on making “better decisions” rather than simply chasing bigger budgets. “We’ve seen too many businesses struggle with direction,” adds Venkat. “At Mosaic, our starting point is always the same: what actually creates value for the client, and how do we get there without overcomplicating it?”

Mosaic isn’t waiting around to make an impact. Since its soft launch in February 2025, the agency has already delivered serious results. That includes the “Employee to Entrepreneur” campaign, which pulled in over 23 million impressions, and the launch of the UAE’s first-ever mobile business setup initiative, the “Startup Wagon.” The team also proved its ability to tap into the culture with a simple, silly reel on the Coldplay concert trend that went on to get over 14 million views on Instagram.

The name “Mosaic” is a core tenet of the agency’s operational philosophy. It represents how the team works: bringing distinct, diverse perspectives together to create a result that is greater than the sum of its parts. 

Continue Reading

Business

Pakistan’s Fly Jinnah airline to start direct flights from Lahore to Dubai

Published

on

Spread the love

Fly Jinnah, Pakistan’s low-cost carrier, has announced the launch of a new non-stop flight route connecting Lahore and Dubai. The service is scheduled to begin on October 29.

The new route will operate twice weekly, on Wednesdays and Sundays, linking Lahore’s Allama Iqbal International Airport (LHE) with Dubai International Airport (DXB).

This expansion marks Dubai as the second UAE destination in the airline’s Lahore network, which already includes flights to Sharjah. The carrier also operates flights to Riyadh, Jeddah, Dammam, and Bahrain, utilising its fleet of six Airbus A320 aircraft.

The airline, founded in Karachi, is a joint venture focused on offering travellers the best value for money. This means you can expect a no-frills experience with all the essentials you need for a great trip.

Bookings for the new Dubai–Lahore flights are now available through Fly Jinnah’s official website (www.flyjinnah.com), call centre, and travel agencies.

Continue Reading

Popular

© Copyright 2025 HEADLINE. All rights reserved

https://headline.ae/