Infrastructure

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UAE's New Crypto Regulations Embracing Dirham-backed Stablecoins

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 ...

EssilorLuxottica Diversifies From Eyewear to Streetwear Acquiring Supreme for $1.5 Billion

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 ...

Jaywan Card System Redefines Payment Solutions In The UAE

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 ...

UAE Inks $817 Million Currency Swap Deal with Ethiopia

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 ...

IMF Report Highlights Slowing Disinflation Momentum and Steady Global Growth

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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