Mindblown: a blog about philosophy.
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BOE’s Bailey says ‘the job is not done’ on fighting UK inflation
London: Bank of England Governor Andrew Bailey said “the job is not done” on fighting inflation even though he expects those pressures to dissipate rapidly this year. In an interview with the Orcadian newspaper, the governor said he expects the headline inflation rate to dip to 5 per cent “or a bit below” by the…
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Postpone remittances? Pakistani rupee value to rise in October, Philippine peso to stay strong
The value of a country’s currency is linked with its economic conditions and policies, and generally depends on factors that affect the economy. These include factors such as imports and exports, inflation, employment, interest rates, growth rate, trade deficit, performance of equity markets, foreign exchange reserves, and macroeconomic policies, inflow of investments, banking capital, commodity…
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Dubai Land Department launches Munaqasat service for submission of tenders
Munaqasat, which is part of the Mollak system, contributes to the comprehensive management of JOPs in Dubai, facilitating and simplifying the tendering process, and establishes a direct link between jointly owned property companies and service providers. Mohammed bin Hammad, Director of the Jointly Owned Property Department, said that Munaqasat requires JOP companies to submit all…
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Photos: Japan startup develops ‘Gundam’-like robot with $3 million price tag
Look: Startup develops $3m-priced ‘Gundam’-like robot
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With UAE National Bonds ‘My One Million’, customers get a shot at saving Dh1 million
To sign up, customers can choose the plan’s duration, then set up the monthly contribution, and keep repeating it. They also have the option to make an initial savings amount, which is optional and applies to both individuals and corporations. “Our mission is to empower individuals and corporations alike with knowledge and opportunities that foster…
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Emirates’ Dubai hub to get 300,000 gallons of Sustainable Aviation Fuel after Shell deal
Emirates will track SAF delivery and its use data through Avelia, one of the world’s first blockchain powered SAF solution platforms. Avelia is powered by Shell Aviation and Accenture, with support from Energy Web together with American Express Global business travel. Through Avelia, Emirates will purchase the physical fuel – and ‘associated environmental attributes’ –…
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India aiming to monetize $24 billion worth of highways by 2027
Mumbai: The Indian government is expected to monetize close to Rs2 trillion ($24.1 billion) worth of highways over the next few years, a rating agency has said. With 4,000 kilometers to 4,500 kilometers (2,796.2 miles) of new roads likely to be commissioned annually by the National Highways Authority of India over the next three years,…
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Embracing AI is the battle plan for Philippines’ call centers
“The AI train has left the station, and it’s moving very, very fast,” he said late Thursday. “We need to match that speed.” Like the rest of the world, the Philippines is bracing for disruption from AI, as bots take on more call center jobs. Adapting to the technology is crucial for the Philippines, whose…
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Standard Chartered doesn’t see India rupee cross 84 even if dollar climbs
Sinha said the RBI will continue to maintain tight liquidity conditions to help support the rupee unless “we see big shocks from the global markets or if crude starts trending higher.” The unexpected resurgence in the dollar is reverberating across the world, with the oil’s march toward the $100 mark dealing a double blow to…
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UAE’s resident base of millionaires is rising – and creating more growth dynamics
The UAE is set to attract 4,000 plus millionaires this year, as per the latest reports on global immigration and wealth shift trends. The Middle East as such is witnessing a solid and sizeable focus shift from oil to non–oil based projects. Led by Saudi Arabia and the UAE, these countries are trying to woo…
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