Demand for gold jewellery in the UAE decreased by 15% in 2023
The retail market for gold jewellery in the UAE had a lacklustre performance in 2023 compared to the previous year, with annual jewellery consumption falling by 15%, according to the latest data
The global port operator reported 2% lower net profit for 2024 at $1.5 billion on higher finance costs and uncertain outlook due to geopolitical risks and changing global trade landscape.
The fragrance company will be run in a partnership between General Atlantic with Mona Kattan, sister of Huda Kattan, who founded parent company Huda Beauty in 2013 with her sisters and husband.
