Smoke is seen above Dubai on March 13, 2026. — AFPPARIS: Here are the latest economic events in the Middle East war on Friday:Kharg Island bombedPresident Donald Trump said the US heavily bombed military targets on Iran’s Kharg Island, which handles almost all of the…
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As US tariffs bite, India slashes consumption tax to boost domestic demand
People shop for essential goods at a supermarket in Amritsar, India, May 9, 2025.— Reuters
India tax panel approves tax cuts on hundreds of consumer items.Federal, state revenue loss estimated at 480 billion rupees.New tax rates to be implemented from September 22.
Is Bitcoin’s Four-Year Cycle Still Alive? Analyst Hints At An Eventful 100 Days Ahead
The “Bitcoin cycle theory is dead” is one narrative that has gained increased traction as the year has gone on, especially with the premier cryptocurrency setting multiple all-time highs since April. This hypothesis is based on the shift in the market dynamics and the entry of a new group of investors. Since the launch of […]
UAE central bank revokes Omda Exchange license, imposes AED10m fine
A man enters the main branch of UAE Central Bank in Abu Dhabi, UAE. — Reuters/File
ABU DHABI: The Central Bank of the UAE has revoked the license of Omda Exchange and imposed a financial penalty of AED10 million due to violations of financial laws and…