by Jibran Munaf | November 19, 2024 | Central Banks, Technology
The Reserve Bank of India (RBI) plans to introduce a locally-operated cloud service for financial institutions in 2025, marking a bold move to challenge global tech giants like Amazon Web Services, Microsoft Azure, and Google Cloud. The pilot program, developed in...
by Jibran Munaf | November 19, 2024 | Finance
Safe-haven assets rallied sharply on Tuesday following Russia’s announcement of its updated nuclear doctrine, approved by President Vladimir Putin. The revised policy emphasizes inevitable retaliation against potential attacks on Russia or its allies, triggering...
by Jibran Munaf | November 19, 2024 | Markets
Asian stocks edged higher on Tuesday as U.S. bond yields declined and the dollar retreated from recent highs, signaling cautious optimism among investors. Markets are closely monitoring President-elect Donald Trump’s cabinet announcements and the evolving...
by Jibran Munaf | November 19, 2024 | Aviation, Travel
Dubai International Airport (DXB) is poised to achieve record-breaking annual traffic after welcoming 68.6 million guests in the first nine months of 2024, marking a 6.3% increase from the same period in 2023. The momentum carried through to the third quarter, with...
by Jibran Munaf | November 19, 2024 | Commodities
Dubai Multi Commodities Centre (DMCC) has unveiled a special edition of its Future of Trade report, spotlighting transformative trends in the global gold market and predicting the emergence of an “Asian Century” for the precious metals industry. This...
