Global Economic Recovery Faces Rocky Road Ahead, IMF Warns
The International Monetary Fund (IMF) has recently issued a warning that the global economic recovery from the COVID-19 pandemic may face significant challenges in the coming months. According to the IMF's...
Amazon’s Job Cut Tsunami: 9,000 More Layoffs Revealed – Inside CEO Jassy’s Bold Decision...
A New Wave of Amazon Layoffs: 9,000 More Jobs on the Chopping Block
Surging Layoffs: An Ongoing Saga
In a dramatic development, Amazon announces a staggering 9,000 additional layoffs, compounding the previous wave...
The Impact of Crypto-Friendly Lender Collapses: Why Cryptocurrency Companies Are Seeking Banking Partners
The Aftermath of the Collapse
In the wake of the collapse of not one, but three crypto-friendly lenders in the US last month, cryptocurrency companies are now seeking banking partners, creating a...
The Role of Digital Currency in Driving Financial Inclusion in the GCC: An Overview
Introduction: Rapid Evolution Towards Cashless Societies in the GCC
The COVID-19 pandemic has not only disrupted lives but also transformed the world's digital landscape, leading to a surge in financial inclusion across...
Bridgewater Associates Founder, Ray Dalio, Expands to Abu Dhabi with New Family Office
Building on a 30-Year Relationship
Ray Dalio, the billionaire investor and founder of the world's largest hedge fund, Bridgewater Associates, has announced plans to establish a new branch of his...
Report reveals Saudi Arabia as top recipient of MENA start-up funding in Q1 2023
The Middle East and North Africa (MENA) region's start-up ecosystem is experiencing a rapid surge in investment, with Saudi Arabia leading the pack as the biggest recipient of venture capital investment...
IBM Reports Impressive Q1 Profit Surge Driven by Software and Consulting Divisions
IBM has delivered a strong Q1 2023 report, marked by a substantial 26% increase in its net profit, primarily attributed to its robust software and consulting divisions. For the period, the...
France on the Edge: Macron’s Government Faces No-Confidence Vote Amid Fiery Pension Reform Protests
A Tumultuous Era: French Government Confronts No-Confidence Vote Amid Pension Reform Turmoil
A Nation on the Brink
As the clock ticks down, the hallowed halls of France's Parliament prepare for a critical vote...
National Bank of Kuwait’s Q1 Profit Surges by 15% Amid Global Economic Challenges
The National Bank of Kuwait (NBK), the Gulf state's largest lender, has reported a staggering 15% increase in net profit attributable to shareholders in the first quarter of 2023. This result...
Unpacking the Intriguing and Bursty Concept of Basic Income: Principles of Universality, Unconditionality, Adequacy,...
Basic Income - A Perplexing and Bursty Concept
For centuries, the notion of basic income has been tossed around. However, in recent times, it has garnered significant attention as a possible solution...
