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Dubai: Gold prices slip Dh1 per gram at opening of markets on first trading day
Dubai: Gold prices slip Dh1 per gram at opening of markets on first trading day

Khaleej Times

time14-04-2025

  • Business
  • Khaleej Times

Dubai: Gold prices slip Dh1 per gram at opening of markets on first trading day

Gold prices slipped Dh1 per gram at the opening of the markets on the first trading day of the week in Dubai. The Dubai Jewellery Group data showed 24K trading at Dh389.0 per gram on Monday morning, down from Dh390 per gram over the weekend. Among the other variants of the yellow metal, 22K slipped to Dh360.25, 21K to Dh345.25 and 18K to Dh296.0 per gram. Globally, gold was trading at $3,226.63 per ounce, down 0.36 per cent at 9.05 am UAE time. It reached an all-time high of $3,245.28 per ounce on April 11. Investors have turned to buying gold on the decline. Over the two sessions, the largest physical gold exchange-traded fund, SPDR Gold Trust (GLD), recorded net positive inflows of more than $2.36 billion, a pace not seen since last February. Samer Hasn, senior market analyst at said gold's gains came amid the accelerating escalation of the trade war and growing uncertainty about its future course. These follow conflicting decisions on tariffs and doubts surrounding US President Donald Trump's strategy, in addition to existing concerns about the consequences of this war on the American and global economy. 'The trade war has reached the point where China responded by raising tariffs on imports from the United States. This mutual escalation further weakens hopes for a diplomatic settlement to the conflict. Donald Trump's 90-day tariff waiver on countries worldwide failed to calm market fears for long, as the trade dispute with China accelerated,' said Hasn.

UAE: 4 residents win a total of Dh390,000 in Big Ticket draw
UAE: 4 residents win a total of Dh390,000 in Big Ticket draw

Khaleej Times

time07-04-2025

  • Business
  • Khaleej Times

UAE: 4 residents win a total of Dh390,000 in Big Ticket draw

Luck came knocking in an unexpected way during during Big Ticket's Series 273 draw, where a total of Dh390,000 was awarded to four lucky participants. From homemakers to hard-working professionals, the winners all shared perseverance and belief that one day, their moment will come. Among the winners is 48-year-old Sheikhnasseb Sh Babasahe, a local housewife who has called UAE home for the past 38 years. She has been purchasing Big Ticket entries every month for the last three years—entirely on her own. And during the latest Big Ticket draw, she won Dh110,000. 'When I received the winning call, I was overjoyed,' she said. She also shared that her daughter-in-law helped her with the purchases. 'English isn't my first language, so my daughter-in-law helps me with the purchase process. She buys the ticket and lets me pick the number," she said. With a dream of owning a car one day, she's determined to keep trying her luck. 'I haven't saved enough yet, but this win brings me one step closer. I'll continue buying Big Ticket entries until I win the grand prize. That's the dream.' Another Dh100,000 winner is 35-year-old Suhail Ahmed, a brand promoter from Karnataka, who has been living in Dubai for the past seven years. Since 2018, he has been purchasing Big Ticket entries every month on his own. 'I was actually asleep when the call came in,' he recalled. 'Most mornings, my phone is on silent—but by God's luck, the ringer was on that day, and I didn't miss it. I am so happy." With plans to buy a car and something special for his wife, he says this win feels like a blessing. 'I'll definitely keep buying more tickets,' he added. 'My advice to others is simple: save up a little, and go for it.' For 65-year-old Shofiul Azam, a painting labourer from Bangladesh who won Dh80,000, the win was not just a personal triumph but a shared celebration. He's been purchasing Big Ticket entries each month along with his brother and close friends for the past three years. 'I'm honestly so happy,' said the expat who has been lived in Abu Dhabi for 33 years. 'When I first got the call, I thought it might be a scam—but when I went and played the game, it began to feel real.' He shared that the prize money will be divided among his brother and friends. Whatever remains, he plans to put toward completing the renovation of his family home. 'I'll definitely continue buying Big Ticket entries,' he added. 'My message to others is simple: keep trying your luck. One day, it could be your turn.' Another lucky winner was 42-year-old Shaiju Karayat, a sales executive from Kerala who lived in Dubai since 2010. For the past 10 years, he has been purchasing Big Ticket entries every month alongside a close-knit group of 10 friends. 'When I received the call, I was overwhelmed with excitement,' he said, recalling his Dh100,000 win. 'This is the first time I've ever received a call like this and actually won a raffle draw—it still feels surreal.'He plans to split the prize money among his friends. 'I'll definitely keep buying more tickets. And to anyone who's thinking about it—take the risk and take part. You never know when your moment will come.' More wins this April With Dh25 million up for grabs, plus weekly cash draws, luxury cars, and the exciting Big Win Contest, now is the perfect time for residents to take a chance. For each purchase if two tickets, you get 2 free tickets. And this promotion is available all month long. Throughout April, every ticket you purchase not only enters you into the main draw but also qualifies you for weekly e-draws where five winners will each take home Dh150,000. Additionally, the Big Win Contest offers four ticket holders the chance to attend a live draw on May 3, where each will win a guaranteed cash prize between Dh20,000 and Dh150,000. Just buy two or more cash tickets in one transaction before April 24 to be eligible. The finalists will be revealed on May 1 on the Big Ticket website. Big Ticket is also giving away two luxury cars. The Range Rover Velar will find its new owner on May 3, while the BMW M440i will be won on June 3. Tickets are available online at or at counters located in Zayed International Airport and Al Ain Airport. For all the latest news and updates on upcoming draws, everyone is encouraged to follow Big Ticket's social media platforms. The weekly e-draw dates:

My Kind of Weekend: Top things to do in the UAE from March 28-30
My Kind of Weekend: Top things to do in the UAE from March 28-30

Khaleej Times

time26-03-2025

  • Entertainment
  • Khaleej Times

My Kind of Weekend: Top things to do in the UAE from March 28-30

The weekend is here, so is our guide to the best events, activities, and offers around the UAE. Here's the list: Visit the E& Beach Canteen Dubai's popular e& Beach Canteen returns to Nessnass, Jumeirah Beach, till 13 April, bringing top gastronomy vendors, live entertainment, and interactive experiences. Organized by DFRE, the free-to-enter event runs daily from 4pm to midnight, offering a vibrant mix of workshops, performances, and diverse food options, from pizza and tacos to Korean snacks and specialty coffee. Catch of the day brunch Experience Catch of the Day, a Riviera-inspired Saturday brunch at 101 Dining Lounge & Marina, One&Only The Palm, set on a stunning sea-view terrace. Indulge in a feast of fresh seafood, from oysters and crab legs to lobster and seabass, all prepared à la minute by expert chefs. A Burrata station, roasted lamb chops, and decadent desserts complete the spread, complemented by live music, a DJ, and breathtaking views. Guests can arrive by boat, enjoying beverages onboard before the brunch begins. Packages start at Dh390, with marina pick-up at 12.30pm and drop-off at 4.30pm. For reservations, call 04 440 1010. Live sports and music Enjoy the ultimate Saturday night at The Underground Pub, Al Habtoor Grand Resort, JBR, where live sports and music collide for an electrifying experience. Watch the matches and keep the energy going as DJ Serhan takes over from 10.30pm, spinning top tracks to fuel the party. This cosy English-style pub offers great food, refreshing drinks, and an unbeatable atmosphere. For reservations, call 050 780 6342. Special anniversary menu Kokoro, the UAE's popular handroll bar, celebrates a milestone year—selling 500,000 handrolls, expanding to Meydan's The Square by NAS, and building a loyal foodie community. To mark the occasion, Kokoro is serving a special Anniversary Menu until March 29, featuring signature handrolls like the OG Spicy Tuna and Zesty Toro, alongside premium A5 Gunkan nigiri. Experience the buzz at Kokoro's Alserkal Avenue or Meydan locations. Over 100 exciting experiences Celebrate the long weekend in style at House of Hype, Dubai's newest immersive destination, with the Squad Pass —offering groups of four an epic adventure for Dh449. Explore over 100 mind-blowing experiences, from mirrored palaces and cosmic gardens to futuristic fashion and gaming challenges, all set in stunning interactive worlds. Enjoy viral-worthy bites inspired by Tokyo, Brooklyn, and Seoul, shop exclusive merch, and catch live performances. General admission is Dh149 per person. Book now at A revamped space and kids menu for little ones tashas Al Jalila has unveiled an exciting transformation, solidifying its status as the most family-friendly branch in the tashas café collection. The revamped space features a mini tashas kitchen, an interactive play area designed to engage young guests while parents relax. Alongside this, a fresh signature menu debuts with standout dishes like Crispy Rice Salad and Chilli & Lemongrass Chicken, plus a thoughtfully crafted kids' menu focusing on nutritious, delicious options. For more information, call 04 380 6243.

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