by Jibran Munaf | August 7, 2024 | News, Technology, Trending Now
Oracle announced on Tuesday the launch of its second public cloud region in Riyadh, investing $1.5 billion to advance cloud computing and artificial intelligence (AI) in Saudi Arabia. This investment aims to support Saudi Arabia’s Vision 2030 objectives and expedite...
by Jennifer George | August 6, 2024 | Breaking, Currencies, Markets, Stocks & Bonds, Trending Now
As world markets crashed on Monday, millions of investors witnessed a market phenomenon that resonated with premonitions of the 2008 financial crash. Global investors engaged in rampant yen carry trades in since 5th August, causing the Nikkei and Nasdaq to tank to...
by Jibran Munaf | August 6, 2024 | Economy, News, Trending Now
India and Bangladesh’s bilateral trade, which reached $13 billion in the financial year 2023-24, is facing potential disruptions due to the ongoing political crisis in Bangladesh as Sheikh Hasina resigns amid the nationwide protests. The crisis threatens to...
by Jibran Munaf | August 6, 2024 | Breaking, News, Trending Now
US Vice-President Kamala Harris is poised to announce her running mate by Tuesday morning, concluding two weeks of intense speculation as the US races towards November’s presidential election. Over the weekend, Ms. Harris conducted interviews in Washington DC...
by Jibran Munaf | August 6, 2024 | Commodities, News, Trending Now
Oil prices rose sharply in early Asian trade on Tuesday, recovering from the previous session’s losses as escalating Middle East tensions fueled supply fears. This comes despite concerns about a potential U.S. recession that could dampen demand in the...
by Jibran Munaf | August 6, 2024 | Finance, News, Trending Now
Oman is expected to roll out personal income tax, making it the first country in the GCC to do so, sometime next year. This comes after the kingdom’s Shura Council advanced the draft law to the State Council. Since the bill is nearing the end of its legislative...