Flying cars for Oman and Syria's payment system recovery: This week's business headlines from the Middle East
Flying cars moved a step closer to reality in Oman, OceanQuest debuted at the UN Ocean Conference, and it was announced that Syria will soon reconnect to the Swift payment system.
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Can you expand on the new showroom in Abu Dhabi – the key features that make it such an important step forward? Our new showroom on Saadiyat Island represents a pivotal step in our expansion across the UAE. Strategically located in the capital Abu Dhabi's cultural and lifestyle hub, the showroom embodies ONE Development's commitment to innovation and personalised client experiences. The showroom is designed to provide an immersive experience, featuring advanced displays, carefully selected design elements, and interactive spaces. It serves as a gateway for clients to explore our unique approach to boutique real estate, allowing them to experience firsthand the quality and innovation characterising our projects. ONE Development is a newcomer to the property scene yet has managed to make a huge impact already. What are the reasons for this? ONE Development thrives on agility and a client-centric approach. 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Also, gold prices fell more than -$10 an ounce in after-hours trading Wednesday afternoon due to hawkish comments from Fed Chair Powell, who said, 'We expect a meaningful amount of inflation in the coming months' due to tariffs. Silver prices also fell back after the FOMC cut its US 2025 GDP forecast and following Wednesday's weaker-than-expected reports on US May housing starts and building permits, which showed weakness in industrial metals demand. On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
