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PM Modi: Digital India makes technology more accessible
Digital India Week 2022 was inaugurated by Prime Minister Narendra Modi today at Mahatma Mandir in Gandhinagar. This Digital India Week has the theme Catalyzing New India's Techade to transform the nation into a digitally empowered society…
Mall gunman charged with murder after Copenhagen massacre
In Denmark's capital Copenhagen, a 22-year-old man has been charged with murder in the deaths of three people at the Field's Shopping Centre. Sunday's attack killed two Danish citizens, both 17 years old, as well as a Russian citizen, 47…
Despite a waver in US futures, global stocks end the Fourth of July high
The Fourth of July saw global stocks mostly higher and U.S. futures fluctuating. There will be minimal activity in the markets today since American investors are on vacation. However, the Federal Reserve's monetary policy strategy and the…
India, Israel, Indonesia CEPA agreements to boost UAE economy by 2.6%
UAE Minister of State for Foreign Trade, Dr. Thani bin Ahmed Al Zeyoudi, said the comprehensive economic partnership agreements (CEPAs) signed by the UAE with India, Israel, and Indonesia in the first half of 2022 will contribute to the…
Airbus sells 292 planes to four Chinese airlines for $37 billion
Airbus announced that China's top airlines would purchase 292 planes from the European aerospace giant in a $37 billion deal. Airbus has received orders from Air China, China Eastern, China Southern, and Shenzhen Airlines for a total of 292…
Egyptian firms agree to sell 70 percent equity to AD Ports Group
AD Ports Group announced it has reached an agreement to acquire a 70 percent stake in International Associated Cargo Carrier BV, a company that owns two Egypt-based shipping companies: Transmar International Shipping Company and Transcargo…
Inflation in Pakistan surges to 21.32% in June, its highest level since 2005
According to the country's statistics bureau, Pakistan's consumer price index (CPI) rose 21.3% from a year earlier in June, marking the nation's highest inflation in 13 years. In May, the CPI increased 13.8% over last year. The…
Abu Dhabi will invest AED 10 billion to boost industrialization
Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Member of Abu Dhabi Executive Council and Chairman of Abu Dhabi Executive Office, launched the Abu Dhabi Industrial Strategy. This strategy is to make the emirate the most competitive…
Iranian and Iraqi governments will facilitate monetary relations
Iran's President Ebrahim Raisi announced on Sunday that Tehran and Baghdad would take new steps to enhance monetary cooperation. After a meeting in Tehran, Raisi made the remarks during a joint press conference with Iraqi Prime Minister…
UAE a trendsetter in global crypto regulatory framework – European academic
In terms of regulating the cryptocurrency market efficiently, the UAE, Japan and Singapore have emerged as trendsetters, according to a top European academic. As crypto assets have moved into the mainstream, their value has exploded over…