Ferg chairman says cryptos need ‘to be part of the payment ecosystem’ Money exchange companies in the UAE will start accepting cryptocurrencies once the regulations are out by the UAE Central Bank, said Adeeb Ahamed, vice-chairman of Foreign Exchange and Remittance Group (Ferg), which comprises companies engaged in the business of money exchange and remittances….
Kathmandu: Nepal’s President Ram Chandra Paudel, who underwent an angioplasty following a heart attack, has been discharged on Wednesday from Shahid Gangalal National Heart Centre.He has been treated and was kept in observation for 24 hours, the hospital’s Wednesday morning health bulletin said. The hospital in the press note stated that President Paudel was in observation…
New Delhi: About 6,500 high net worth individuals (HNWIs) are expected to leave India in 2023, lower than the net outflows of 7,500 individuals the previous year, according to Henley Private Wealth Migration Dashboard 2023 – which tracks wealth and investment migration trends worldwide. ‘Millionaires’ or ‘high-net-worth individuals’ or ‘HNWIs’ refer to individuals with an investable…
Muscat: Eng. Said Hamoud Al Ma’awali, Minister of Transport, Communications and Information Technology received here today S Somanath, Chairman of the Indian Space Research Organisation (ISRO), and his accompanying delegation. During the meeting, the two sides reviewed the areas of cooperation in the space sector, as well as the areas of the communications and information technology sector….
Dubai: Srilanka born Indian star Dev Joshi picked up by Fujairah Kings in upcoming first season of GBL-T20. His last-minute entry in GBL shocked the entire gulf region. Dev is easily the most penetrative and successful new-ball bowler Fujairah Kings have had, he swings and seams the ball with skill- sources said. He has been…
Residents and police were still searching for dozens of people who were on the overcrowded boat that capsized early Monday on the Niger River in Kwara state. A boat returning from a wedding capsized in northern Nigeria, killing at least 103 people, including children, officials said Tuesday. Residents and police were still searching for dozens…
China is Arab world’s key partner with trade reaching $430bn RIYADH: Saudi Investment Minister Khaled Al-Falih on Sunday announced the launch of a new modern Silk Road connecting the Arab world and China. Falih, speaking at the Arab-China Business Conference held in Riyadh, said it is time for China to become an essential strategic partner of…
Some fear automated stock trading done by computers will fall victim to fake images generated with artificial intelligence (AI). But experts say algorithmic trading could actually be the key to market stability. On one Monday morning in May, US financial markets took a sudden dip. A photo of an explosion at the Pentagon near Washington…
The high-speed train makes it possible for pilgrims to travel between the holy cities of Makkah and Madinah in just two hours and 20 minutes Saudi Railways Authority has announced an increase in the number of daily trips for the high-speed train connecting the holy cities of Makkah and Madinah. During this Haj season, Al…
Temperatures in the UAE are approaching 50°C, with Monday seeing a scorching high of 49.1°C. The National Centre of Meteorology (NCM) has been reporting temperatures of over 45°C for more than a week now. The summer season has well and truly begun. Weather-related social media handle Storm Centre said in a recent Twitter post that…
