South Korea’s ambitious plan to provide 2.7 mn homes
Yoon Suk-yeol's ambitious housing project aims to aid young home buyers financially and create 500,000 homes in the Seoul area.
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Crypto custody firm BitGo to sue Galaxy Digital
One of the largest cryptocurrency custodians, BitGo, has announced that it will seek USD 100 million in compensation from Galaxy Digital.
UK post office reports record cash withdrawals as digital payments take a back seat
According to the Post Office, more and more people are becoming more dependent on cash as the tried and true means to manage a budget.
Nigeria turns towards technology to keep crude oil thieves under check
As per reports, Nigeria lost a startling USD1 billion in revenue in the first quarter of 2022.
Reason behind the slowdown of China’s economic growth
China’s growth fell short of expectations and grew by just 0.4%, compared to the earlier quarter’s 4.8%.
UAE’s new Golden Visa rules: All you need to know
The Golden Visa will continue to allow holders to sponsor their children at any age.
UAE – a popular destination for mergers & acquisitions
EY MENA M&A Insights report states that UAE saw 359 M&A deals worth USD 42.6 billion in the first half of 2022.
Egypt PM Mostafa Madbouly takes big decision to boost gas exports
The discovery of the largest field in the Mediterranean helped Egypt transition from being a net importer to an exporter.
Biden signs $280bn bill to make US more competitive over China
The legislation sets aside USD 52 billion specifically to bolster the US computer chip sector.
UAE businesses raise prices as inflation bites
UAE businesses reported cost increases of 18% for energy and utilities, 17% for raw materials, and 14% for wages and staff compensation.