How city governments can foster tech-sector growth without breaking the bank
City governments are usually equipped to promote their cities through websites, newsletters, communications, as well as hosting delegations visiting from...
Dubai, Abu Dhabi real estate market thrives in Q1 2024
“2024 has opened up to an interesting and promising phase of growth within our sector. As proptech leaders, we can...
Economy
Opinion
Act wise as institutional investors fuel Bitcoin’s rise
This trend has been particularly emphasized with Blackrock, one of the world's most influential fund managers, applying for what could...
- As Bitcoin charts an impressive course, hitting a 12-month high, one major catalyst can be attributed to the growing interest of institutional investors in the cryptocurrency
- This trend has been particularly emphasized with Blackrock, one of the world's most influential fund managers, applying for what could be the US's first Bitcoin spot ETF
Opinion
Gulf states’ sovereign funds drive climate innovation
"The SWF investment in climate tech will help sustain the shift away from the Gulf States' traditional source of income...
- Gulf States, with their vast land reserves, can provide the necessary space for setting up factories and infrastructure to facilitate climate tech companies
- Sovereign Funds have potential to play a leading role in supporting the transition to a cleaner economy and ensuring a sustainable future for the region
Opinion
Word power: Gender-neutral language need of the hour
"Despite all of the lovely words spoken by every company and organization during events such as International Women’s Day to...
- Many airlines and airports continue to use gender-specific language despite efforts towards gender equality in the Gulf region
- Gender-specific language is a reminder of historical bias that hinders efforts towards gender equality and this needs to change
Opinion
US Federal Reserve’s rate hike risky and ill-timed
"It appears that the central bank is willing to sacrifice parts of the economy and tighten its grip on households...
- The US Fed's failure to act earlier on inflation was a significant miscalculation, and now they have made another mistake with the latest rate hike, says deVere Group CEO
- It could potentially trigger not only a short-term but also a longer-term recession in the world's largest economy, with detrimental effects on the global economy, he adds
Opinion
The devastating impact of online identity theft
While companies with robust defense measures witness decreased attack volumes as criminals target easier targets, account takeovers have a profound...
- Most online consumers reuse usernames and passwords, making them vulnerable to organized crime rings as the attack surface for account takeovers continues to expand
- While companies with robust defense measures witness decreased attack volumes as criminals target easier targets, account takeovers erode trust and cause emotional trauma
Opinion
Malaria-free Asia Pacific region within our reach
Collaborative efforts involving public health professionals, Ministries of Health, and global institutions have been instrumental in the fight against malaria....
- Malaria remains a life-threatening disease transmitted by infected mosquitoes, causing millions of cases and deaths globally, says Altaf Ahmed Lal of Sun Pharma
- Collaborative efforts involving public health professionals, Ministries of Health, and global institutions have been instrumental in the fight against malaria, he adds
Opinion
Marketwatch: Recession fear hurts commodity market
"As the gold correction unfolded last week, platinum remained supported due to supply concerns from South Africa facing frequent power...
- Crude prices are heading for their biggest weekly loss since last month's banking turmoil-led sell-off, wiping out most of the gains that followed the OPEC+ cut announcement
- Mining companies' quarterly results highlight that global tightness in the copper market will continue, but the short-term outlook points to continued rangebound trading
Opinion
Marketwatch: Commodities navigate turbulent waters
Grains sector was on track for its first monthly gain this year, bolstered by a resurgence in corn prices due...
- The energy sector experienced significant weakness, with a nearly 9 percent decline exacerbated by a 26 percent drop in US natural gas futures
- Grains sector was on track for its first monthly gain this year, bolstered by a resurgence in corn prices due to increased export demand
Opinion
Embracing the future: Why Biden’s banking regulation push needs to include digital financial institutions
In an age driven by rapid innovations, more people are turning to fintech and digital banking solutions as traditional banking...
- The Biden administration's push for tighter banking regulations is well-intentioned but must include a focus on digital banking to keep pace with rapid tech innovations
- As more people are turning to fintech and digital banking solutions, the US government risks falling behind in a fast-changing sector by focusing only on legacy banks
Opinion
Markets get affected as financial turmoil resurfaces
Crude oil has been challenged by the continued loss of risk appetite. The banking crisis has particularly impacted the energy...
- The collapse of Silicon Valley Bank and troubles at Credit Suisse sparked turbulent trading activity, particularly in the bond market
- Gold and silver have benefited from a 3.5% drop in the dollar and a 110bps collapse in the two-year US government bond yield
How city governments can foster tech-sector growth without breaking the bank
City governments are usually equipped to promote their cities through websites, newsletters, communications, as well as hosting delegations visiting from...
Company News
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Bahrain emerges as a thriving hub for tech startups
Entrepreneurs equipped with the right skills, a robust business strategy, and the ability to forge meaningful collaborations are well-positioned to...
Opinion
Acute hunger, healthcare collapse worsen Gaza crisis
The situation in Gaza is a humanitarian catastrophe, with hospitals like Al-Shifa and Al-Sahaba facing dire shortages of medical supplies...
Opinion
Navigating the rising tide of cyber threats in GCC
"Critical infrastructure organizations are distinct from other enterprises; their downfall could bring entire sectors of the economy down with them....
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Opinion
Act now as climate crisis has reached critical point
"Renewable energy is key to our planet's future. It's time to phase out fossil fuels and embrace sustainable solutions. The...
- Earth's vital signs are failing with record emissions and extreme weather events, signaling a climate emergency.
- UN makes an urgent call for global leaders to prevent a planetary catastrophe by meeting Paris Agreement goals.
Opinion
Time to transform climate commitments into action
"At COP28, governments need to focus on two timeframes: an immediate surge in climate action and a springboard for the...
- The climate crisis escalates, demanding bold action at COP28 in Dubai, says UN Climate Change Executive Secretary Simon Stiell.
- Developing nations require substantial financial support for climate resilience and renewable energy initiatives, he adds.
Opinion
Social media plays key role in shaping online trading
"The rapid pace and fervor surrounding social media have introduced volatility into financial markets, leading to instances where stocks, particularly...
- Social media has opened up opportunities for independent and self-motivated online traders.
- Financial guidance is actively sought on social media platforms, especially by young investors.