President Biden Opts Out of 2024 Presidential Campaign
President Biden is the first democrat in US history to drop out so late during a presidential campaign. On Sunday...
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UAE’s New Crypto Regulations Embracing Dirham-backed Stablecoins
The new regulations on crypto which were issued last month. The latest regulations on stablecoins by the UAE Central Bank...
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EssilorLuxottica Diversifies From Eyewear to Streetwear Acquiring Supreme for $1.5 Billion
This deal would be EssilorLuxottica’s first major push into the apparel industry. EssilorLuxottica, the owner of brands like Ray-Ban and...
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Jaywan Card System Redefines Payment Solutions In The UAE
The word Jaywan means ‘precious pearl’ in Arabic and aims to be seen as UAE’s effort to create a domestic...
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UAE Inks $817 Million Currency Swap Deal with Ethiopia
Two initial agreements were also signed by the two countries before the currency swap. The Central Bank of the UAE...
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IMF Report Highlights Slowing Disinflation Momentum and Steady Global Growth
The IMF increased its prediction for 2025 by 0.1 percentage points to 3.3% while maintaining its April estimate for the...
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