by Jennifer George | September 18, 2024 | Economy, News, Technology
A recent survey conducted by Capital.com, a global trading platform, has revealed that the UAE is rapidly gaining recognition as a competitive tech hub. The survey polled 1,000 respondents across Singapore, Hong Kong, Vietnam, and India, and found that 81% of Asian...
by Jennifer George | September 18, 2024 | Economy, News
The UAE has launched an ambitious “Invest in the Emirates” campaign, extending a global invitation to the world’s top innovators, talents, and entrepreneurs to explore the unparalleled opportunities within the country’s dynamic business landscape. The...
by Vasu Jit Kalia | September 17, 2024 | Economy
As per the directive given by Saudi Crown Prince Mohammed bin Salman, his country’s sovereign wealth fund, the Public Investment Fund (PIF), will be investing $5 billion into Egypt in a first investment phase. The move comes after the Saudi Crown Prince met with...
by Jennifer George | September 12, 2024 | Economy, Industry, News, Technology
Samsung Electronics, a leading smartphone and memory chip maker, will cut up to 30% of its overseas staff at some divisions, three sources with direct knowledge of the matter told Reuters. According to sources, Samsung is bracing to shed up to 15% of its marketing...
by Jennifer George | September 6, 2024 | Cryptocurrencies, Currencies, Economy, Regulations
Global markets stand at the brink of a disastrous tumble or a cradled recovery with US payroll data right around the corner. Fresh payroll data will reveal if the US job market will weaken further and push the Fed to lower rates by more than a quarter percentage point...
by Jibran Munaf | September 6, 2024 | Economy
China’s policymakers need to shift focus toward boosting domestic demand to address rising deflationary pressures, according to Yi Gang, former head of the People’s Bank of China (PBoC). Speaking at the Bund Summit in Shanghai on Friday, Yi emphasized the need...
