Business & Investments

Exploring Performance of USD, US Stocks Amid Rate Outlook in Eventful Week

Exploring Performance of USD, US Stocks Amid Rate Outlook in Eventful Week

Mohamed Hashad, Chief Market Strategist, Noor Capital.

The number of Jobless Claims increased to almost 1.8 million for this week on Thursday’s data, and this is not exactly encouraging. Yet, the US Dollar Index is 0.32% up, above the 104.60 mark at the time of writing.

Following a sharp decline, the dollar is maintaining modest gains on Thursday as the most recent Consumer Price Index (CPI) indicated that the disinflationary trend had resumed in April. With recent data showing some weakening in the economy on all fronts, the pieces are beginning to fit together, and the lower CPI put clarified the broader picture.

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Business & Investments

Cessation of Activities by Venom Foundation in ADGM

Cessation of Activities by Venom Foundation in ADGM

Abu Dhabi, UAE, 17th May 2024 – The Registration Authority (RA) of Abu Dhabi Global Market (ADGM) wishes to inform members of the public that Venom Foundation, an ADGM registered foundation with registration number 000008382 (Venom Foundation ADGM), is no longer conducting any activities in ADGM having voluntarily cancelled its commercial licence in February 2024 and appointed a liquidator in March 2024 to wind down the foundation.

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Business & Investments

Bitget Wallet Introduces Web3-Focused Bitget Onchain Layer With Dedicated $10M BWB Ecosystem Fund

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Bitget Wallet Introduces Web3-Focused Bitget Onchain Layer With Dedicated $10M BWB Ecosystem Fund

Global, May 17, 2024: Bitget Wallet has announced the launch of the blueprint of its upcoming product, the Bitget Onchain Layer, which promises to revolutionise the Web3 experience for its users.  The new initiative is supported by a dedicated $10 million BWB Ecosystem Fund. Initially, the ecosystem fund will support various Web3 trading services, including three already in the pipeline: Pre-Market, on-chain derivatives market, and Trading Bot. These Modular Feature-DApps (MFDs) will complement Bitget Wallet’s Swap trading service.

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Featured

PAM Honors H.E. Amb. Dr. Abdulsalam AlMadani for Continuous Humanitarian Efforts through DIHAD Sustainable Humanitarian Organisation

PAM Honors H.E. Amb. Dr. Abdulsalam AlMadani for Continuous Humanitarian Efforts through DIHAD Sustainable Humanitarian Organisation

Dubai, United Arab Emirates – 17 May 2024: The Parliamentary Assembly of the Mediterranean (PAM) honored His Excellency Amb. Dr. Abdulsalam AlMadani, Roving Ambassador for the Parliamentary Assembly of the Mediterranean for the GCC, Chairman of DIHAD Sustainable Humanitarian Organisation, and Chairman of (DISAB), marking twenty years of fruitful collaboration between DIHAD and the Parliamentary Assembly of the Mediterranean (PAM). This recognition was bestowed during The Parliamentary Assembly of the Mediterranean 18th Plenary Session, held in Braga, Portugal, in appreciation of Ambassador AlMadani’s significant role over the years in advancing humanitarian work under the wise leadership directives of the UAE and its pivotal role in humanitarian efforts in the region and all over the globe.

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Entertainment & Celebrity

Phoenixx Artists: An Application Illuminating the Path to Stardom in Bollywood and Hollywood curated by Gaurang Doshi and Niti Agarwal

Phoenixx Artists: An Application Illuminating the Path to Stardom in Bollywood and Hollywood curated by Gaurang Doshi and Niti Agarwal

  • Phoenixx Artists, a subscription-based online platform where dreams take flight
  • A Grand launch unveiled  Phoenixx Artists at The Theatre in Dubai

Dubai , UAE : A new dawn rises in the world of entertainment as Gaurang Doshi, Bollywood’s acclaimed director and producer, teamed up with Niti Agarwal, the owner of TTF Productions to unveil their magnum opus – ”Phoenixx Artists”.

Phoenixx Artists, a subscription-based online platform, represents a paradigm shift, offering a celestial pathway for both budding talents and seasoned virtuosos to manifest their aspirations within the entertainment cosmos. From the realms of acting to the symphony of songwriting, from the canvas of cinematography and direction to the tapestry of modelling, designing, and singing Phoenixx Artists beckons, promising to be the launch pad to success and stardom.

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