Uae Financial News

Cryptonews Podcast’s Matt Zahab sat down for an exclusive interview with Stefan Kimmel, the CEO of the global crypto investment platform M2.

India on Monday wholeheartedly welcomed Egypt, Iran, UAE, Saudi Arabia and Ethiopia joining the BRICS as their representatives attended for the first time a key meeting of the grouping hosted by Russia. Senior diplomat Dammu Ravi led the Indian delegation at the BRICS Foreign Ministers' Meeting in Nizhny Novgorod, in western Russia.

A Zambian court has sentenced 22 Chinese nationals to long prison terms for cybercrimes that included internet fraud and online scams targeting Zambians and people from Singapore, Peru and the United Arab Emirates

Kissflow on Monday said it has let go of about 45, or 11%, of its employees as part of an organisation-wide restructuring.

—Name withheld on request.I assume that you are a non-resident as per Indian tax law. Liquid funds typically invest in a portfolio of money market and short-term debt securities, and since investment in equity shares of domestic listed companies is less than 35% of its total portfolio, they do not meet the criteria of being an equity-oriented fund.

The recent termination of the US-Saudi petrodollar agreement marks a turning point that could significantly influence Bitcoin’s financial trajectory. This development disrupts a decades-long economic standard and introduces the potential for increased currency diversification globally.

Saudi Arabia has joined the mBridge project to enhance cross-border payments using central bank digital currencies (CBDCs).

Masdar Energy of the UAE, Singapore's Sembcorp, JSW Energy, Torrent Power, Sekura Energy and ONGC, have submitted non-binding bids to acquire 760 MW of operational assets in India that have been put on the block by Italy's Enel Group, said people aware of the development.

India and Pakistan will battle it out on the pitch for T20 World Cup.

advertising for the upcoming cricket match between India and Pakistan held in the US, tapping into the spending power of the South Asian diaspora.

Spurned by Schengen, Indians are being swayed this summer by the lure of liberal visas However, interest in travel is flourishing in other regions, leading to a shift in the balance of outbound travel, according to a report by McKinsey & Co titled 'The state of tourism and hospitality 2024'. The report said new groups of travellers are emerging in Eastern Europe, India and Southeast Asia, which have fast-growing pools of first-time tourists. Notably, around 27 million Indians travelled abroad in 2019, before the pandemic.

The leader of the United Arab Emirates has met with an official in the Taliban government still wanted by the United States on an up-to $10 million bounty over his involvement in an attack that killed an American citizen and other assaults

Abu Dhabi, UAE, 5th June – Solnarize is excited to announce the presale of its $SRIZE token, set to launch on Friday, June 7th, 2024. This presale marks a significant milestone for Solnarize, the pioneering meme coin that uniquely integrates sustainability with a Play-to-Earn (P2E) game on the Solana blockchain.

The project aims to explore a multi-central bank digital currency (CBDC) platform shared among participating central banks and commercial banks, built on distributed ledger technology (DLT) to enable instant cross-border payments and settlement. It is the result of extensive collaboration starting in 2021 between the BIS Innovation Hub, the Bank of Thailand, the Central Bank of the United Arab Emirates, the Digital Currency Institute of the People's Bank of China and the Hong Kong Monetary Authority.

Trade Organization (WTO) as Canberra is making changes to its commitments which New Delhi believes could impact its services trade.

Also Read: Lok Sabha Election Results 2024: Will Nifty 50 break its record today if Narendra Modi-led NDA retains power?On Sunday, OPEC+ announced an agreement to extend most of their supply cuts through the third quarter, with a plan to gradually phase them out over the next 12 months, earlier than some OPEC watchers had assumed.The accord prolongs roughly 2 million barrels per day of cuts, which have played a key role in supporting crude prices above $80 per barrel this year. By December, an additional 500,000 barrels per day is expected to re-enter the market, with a total of 1.8 million barrels per day anticipated to return by June 2025.Also Read: Stock market today: Investors lose ₹26 lakh crore as election race gets tighter than what exit polls predictedThis decision comes even as global oil demand appears dim and robust supply from non-OPEC members persists.

Binance has terminated cash payments for peer-to-peer (P2P) cryptocurrency trades in India, a move intended to bolster compliance and align with regulatory standards.

Sri Lanka beckon the shadowy betting rings. As Dubai turns too hot for comfort amid the glare of investigation on the online gambling empire Mahadev, some of the other faceless operators of illegal betting apps are moving to Sri Lanka.

Iran's foreign ministry has summoned the Chinese ambassador in Tehran to protest about a China-UAE statement related to Iran's sovereignty over three Islands also claimed by the UAE. During Sunday's meeting with the Chinese ambassador in Tehran, Mohammad AliBek, an aide to the foreign minister and the director general of the Iranian Foreign Ministry's Persian Gulf Department, recalled the special ties between the two sides and noted that respect for the sovereignty and territorial integrity of the countries is one of the renowned and fundamental principles in international relations.

airlines can offer in one of the world’s biggest markets for outbound travel, Emirates president Tim Clark said.

OPEC+ extended its production cuts as it seeks to bolster a fragile market, but also set a date to begin bringing some oil back online later this year.