The Big Mac index or Burgernomics was designed to understand purchasing power parity - which shows the value of a currency when it comes to buying the same identical product in different countries. Robert Willock, Director MENA & Regional General Manager of The Economist Intelligence Unit (The EIU) explained its relevance in our current economic climate.
How Relevant Is the Big Mac Index During Inflation Times?The Big Mac index or Burgernomics was designed to understand purchasing power parity - which shows the value of a currency when it comes to buying the same identical product in different countries. Robert Willock, Director MENA & Regional General Manager of The Economist Intelligence Unit (The EIU) explained its relevance in our current economic climate. #BB1038FM #BigMacIndex #PurchasingPowerParity
Posted by Dubai Eye 103.8 News. Talk. Sport on Sunday, July 24, 2022
1:00pm - 2:00pm
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Every weekday afternoon, Helen Farmer will help you to navigate the highs and lows of life in the UAE. Stay up to date with what’s happening and where to go.
John Lyons of Espace Real Estate says there is a slight slowdown in the property market during summer. So we asked him, does this mean prices are negotiable during the summer months?
Lawyer Rebecca Kelly of Clyde & Co. explained why UAE judicial authorities are setting up new offices to deal with financial crime, including money laundering.
Airalo - an eSim company disrupting telco's roaming revenues, has raised $60 million in funding including investment from our own e&.
It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.
The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.