From the Editors: Dubai becomes global creative art hub

Our editors comment on major local and global events plus the day's top trending topics

Published: June 13, 2022 12:16 Gulf News Editors and Compiled by Devadasan K P, Chief Visual Editor

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DUBAI BECOMES GLOBAL CREATIVE ART HUB: A new generation of creative talents, entrepreneurs and innovators are flocking to Dubai’s Al Qouz Creative Zone taking advantage of its lucrative facilities including multiple visa categories. With Dubai returning to normality, a key focus will be on leveraging the strategic, legislative and regulatory enablers that are being constantly rolled out bringing Dubai closer to its goal of becoming the most sought-after destination to visit and the best city in the world to live and work in. Over the years Al Quoz Creative Zone has become the most sought after destination for creative talents from around the world and its master plan is expected to provide facilities that will house 6,800 creatives by 2026. [COMMENT BY: Ashfaq Ahmed, Senior Assistant Editor] Image Credit: Supplied

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CRUNCH WEEK FOR GLOBAL INVESTORS: The numbers – whether they relate to consumer prices, interest rates, stock markets - are turning dire across global markets ahead of the crucial meeting this week of the US Federal Reserve. And that meeting will serve up another 0.50 per cent hike in base rate, which will set of a cascading effect on lending and mortgage rates in other markets. Will these be enough to take on the inflation monster? That’s for the future to let us know; for now, it will be the currency markets – and exchange rates – that most of us will have our eyes on. All those wanting to send in their next remittance could do better once the Fed rate hike happens, and likely firm up the dollar further. Remitters in the UAE, just be patient… [COMMENT BY: Manoj Nair, Business Editor] Image Credit: AP

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POCHETTINO TO BE SHOWN THE DOOR AT PARIS SAINT-GERMAIN: After holding urgent talks with Paris Saint-Germain it now appears that coach Mauricio Pochettino is to leave the French champions. The former Tottenham boss failed to lead the team past the last 16 of the Champions League and will not serve the final year of his contract. Rumours that Zinedine Zidane is set to take over are growing by the day while Jose Mourinho has also been linked with the club. Argentine Pochettino claimed the first trophies of his managerial career with PSG - the 2021 Coupe de France and 2022 Ligue 1 title – but the Champions League is what the club craved most. The board has backed the 50-year-old in the transfer market and brought in some of the best players in the world including Lionel Messi but they feel the team has underperformed and the coach looks set to pay the price.[COMMENT BY: Imran Malik, Assistant Sports Editor] Image Credit: AP

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LET THE GAMES BEGIN: ‘Squid Game’ is back with Netflix Inc.’s most popular show returning for season two. Director Hwang Dong-hyuk has given fans a sneak preview into what the second season will hold with Gi-hun, our winner from season one, returning, along with an introduction to Cheol-su, the ‘boyfriend’ of the show’s large animatronic doll Young-hee. While fans are eagerly waiting for ‘Squid Game’ to return, the streaming company is also hoping to bolster its subscriber numbers that have witnessed a steep drop global by riding on the coattails of its money-spinner K-drama.[COMMENT BY: Bindu Rai, Entertainment Editor] Image Credit: Netflix

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