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Sterling weakens amid renewed Brexit uncertainty

Sterling headed on Monday for its biggest one-day fall against the dollar since Nov. 2 as new concerns over Prime Minister Theresa May’s ability...

Billion AED Expected IT spending in the UAE 2018

IT spending in the UAE will rise to $ 7.7 billion (Dh28.28 billion) in 2018, an IT expert predicted. “The UAE and Saudi Arabia are...

MDA welcomes revisions to petrol station policy

The Malta Developers Association refers to the announcement that Environment Minister Josè Herrera has ordered a revision to the policy regulating the issuing of...

Bitcoin can be called an asset, just don’t call it money, Swedish central banker...

Bitcoin and other cryptocurrencies are “not a very good version of money” due to their volatile nature, the deputy governor of Sweden’s central bank...

Saudi Prince Alwaleed’s release to reassure investors in global portfolio

The release of Saudi Arabia’s Prince Alwaleed bin Talal, known for his big bets on Citigroup and other top Western companies, is likely to...

Crypto currency market still very volatile

All major crypto currencies staged a minor rally over the weekend with prices climbing by 5-7% in some cases especially Ripple and Ethereum which...

Crypto investors risk ‘total loss,’ Deutsche warns

Deutsche Bank AG’s Wealth Management currently does not advise to invest in crypto-currencies, according to Markus Mueller, Global Head of Chief Investment Office. Problematic issues include...

US says planned Russian pipeline would threaten European energy security

The United States sees the planned Nord Stream 2 gas pipeline between Russia and Germany as a threat to Europe’s energy security, US Secretary...

British Lords get ready to disrupt Brexit

The bumpy journey toward Brexit reaches another fork in the road this week as the upper chamber of the British parliament plans to rewrite...

Gulf people choose Morocco as gateway for investment in Africa

Ahmed Al-Rattoli, representative of the UAE company Elif Maf, said that Africa needs all investments especially in the field of food security, pointing out...

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