by Jennifer George | October 13, 2024 | Coverage, Cryptocurrencies, Currencies, Economy, Financial Services, Fintech, Gitex 2024, Industry, News, Startups, Technology
GITEX GLOBAL, the world’s largest tech and startup event, takes center stage in the UAE next week with this year’s 44th edition destined to redefine the world’s digital economy and AI ecosystem. Held at Dubai World Trade Centre (DWTC) from 14-18 October, the...
by Jibran Munaf | October 12, 2024 | Currencies
The Indian rupee sank to an all-time low on Friday, breaching the 84-per-dollar mark for the first time, as concerns over rising oil prices and foreign capital outflows weighed on the currency. The rupee was quoted at 84.07 per US dollar, marking a historic low of...
by Jennifer George | October 7, 2024 | Cryptocurrencies, Currencies, Economy, News, Regulations
The UAE is making significant strides in cementing itself as the global hub for crypto. The Federal Tax Authority in the UAE recently amended executive regulations related to VAT. Cabinet Decision No. (100) of 2024 was published on October 2nd, with more than 30...
by Jibran Munaf | October 5, 2024 | Currencies
The British pound edged higher against the dollar and euro on Friday, recovering from a sharp drop caused by comments from Bank of England Governor Andrew Bailey suggesting a more aggressive approach to interest rate cuts. Sterling’s Fragile Recovery Amid BoE...
by Jibran Munaf | October 5, 2024 | Cryptocurrencies
Coinbase, a leading cryptocurrency exchange, announced plans to delist specific stablecoins in the European Economic Area (EEA) by the end of 2024 in preparation for the European Union’s impending crypto regulations. Preparing for MiCA Regulations The upcoming...
by Jibran Munaf | October 3, 2024 | Central Banks, Currencies
The Central Bank of Egypt (CBE) announced the issuance of treasury bills (T-bills) worth EGP 50 billion through two auctions held on Thursday, 3 October 2024. This move comes just ahead of the national holiday commemorating the 6th of October War Victory anniversary....
