UAE and Egypt’s central banks initiate a currency swap agreement
A significant boost in financial trade between the UAE and Egypt is anticipated following the formalization of a currency swap agreement by the monetary authorities [more…]
Author: A.R.
Co-founder of Three Arrows Capital, linked to $10 billion crypto hedge fund loss, apprehended at Singapore airport while trying to escape
Su Zhu, co-founder of the now-defunct crypto hedge fund Three Arrows Capital (3AC), has been arrested at Singapore’s Changi Airport while attempting to leave the [more…]
Blue Apron’s acquisition sends stock soaring with a 130% surge
Wonder Group, the food-delivery startup led by former Walmart executive Marc Lore, is set to acquire meal-kit company Blue Apron. Blue Apron shareholders will receive [more…]
Energy costs drive electricity and gas tariff increases from October to December.
In Singapore, the national grid operator SP Group announced that electricity tariffs will see an average increase of 3.7 percent from October to December, equating [more…]
Thailand welcomes a surge of Chinese tourists as travel resumes
Thailand’s picturesque landscapes, vibrant shopping districts, and stunning temples are once again brimming with tourists, with a particular focus on extending a VIP-like reception to [more…]
China announces the reinstatement of visa-free policies to boost inbound tourism
China to Reintroduce Visa-Free Policies and Explore Expanding Visa Exemptions to Revitalize Post-Pandemic Tourism Industry, States Policy Document Released on Friday. The State Council of [more…]
In August, retail sales in Hong Kong surged by 13.7%.
An uptick in visitor arrivals contributed to Hong Kong’s retail sales registering their ninth consecutive month of growth in August, although the year-on-year increase of [more…]
Europe experiences a significant decline in inflation, providing a ray of optimism amid the looming specter of rising oil prices
In September, the persistent inflation troubling Europeans took a notable nosedive, sparking optimism that consumers may eventually find relief from the burden of more expensive [more…]
The Saudi soccer league asserts that significant player acquisitions represent just the initial phase of their enduring strategic plan
The Saudi Pro League, known for its substantial spending on high-profile players, aims to expand its global broadcasting presence and ultimately become one of the [more…]
CEO of FlexOS, a Vietnam based company, embraces hybird work schedule
At the onset of the pandemic, a significant portion of employees in Vietnam continued their regular office attendance without interruption. When it comes to the [more…]