Author: dailyguardian.ae
The rupee was trading in a narrow range against the US dollar in early trade on Monday, amid a negative trend in domestic equities. Forex traders said the rupee is trading in a narrow range as sustained foreign fund outflows and rising crude oil prices weighed on investor sentiments. At the interbank foreign exchange, the domestic unit opened at 83.25 against the dollar (23.12 against UAE dirham) and then touched a high of 83.23, and a low of 83.27 against the greenback. [For real-time forex rates, click the widget below or visit KT’s dedicated Trading News page here.]
Liminal, a fast growing digital asset custody and wallet infrastructure provider, is pleased to announce the grant of an In-Principle Approval (IPA) by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) to operate as a custody provider for Virtual Assets. The IPA is not the actual licence, but it serves as an important milestone in Liminal’s journey. Liminal is working diligently to fulfil all the IPA conditions and meet FSRA’s stringent requirements to receive the Financial Services Permission (FSP). Abu Dhabi boasts one of the most sophisticated regulatory frameworks for digital assets, offering clarity to entrepreneurs…
Saudi Pro League clubs have shelled out large amounts of money to land some of the biggest footballers in the summer transfer window. Global stars like Karim Benzema, Neymar, Sadio Mane, Riyad Mahrez and N’Golo Kante left premier European clubs to play in Saudi Arabia. It all started with Cristiano Ronaldo joining Al Nassr last season for a record contract of $214.04 million (Dh786,149,656.40). Despite the mind-boggling figures, the Portuguese superstar does not feature on the list of Saudi Pro League’s 10 most valuable players, published by Planet Football based on statistics from the Transfermarkt. Here’s the top 10 list:…
As we all know, Black Friday is a great time to upgrade your phone. Prices just drop around this time. And that’s especially true when you use premium phones like Samsung phones, where prices are typically high and deals can save you a ton. Luckily for you, we have a curated list of Samsung Black Friday deals that focus on their phones. And, as you can imagine with any quality curated list, the primary items on the list are composed of Galaxy 23 (including ‘Plus’ and ‘Ultra’ variations), Galaxy Z Flip 5, and Galaxy Z Fold 5 phones. Tap the button…
Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, and Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, have launched the execution phase of the Sirb programme, marking a historic moment in the development of the country’s space sector, driven by the UAE’s industrial sector. The Crown Princes received a comprehensive overview of the project’s objectives and the advanced technology slated for development in the satellite programme. They were also briefed on the project’s milestones and the mechanisms for…
Efforts to rescue the 41 workers trapped at the Silkyara tunnel collapse site continue at fever pace. The workers have been trapped for close to 216 hours since November 12. On Monday, International Tunnelling and Underground Space Association president Arnold Dix arrived at the location sitein Silkyara, Uttarkashi to aid in the rescue efforts. Professor Arnold Dix specialises in underground and transportation infrastructure – from construction risk to more technical issues associated with the actual safety performance from an operational safety perspective. He also provides advise on risks associated with underground construction and is widely recognised as the World’s leading…
The scheme provides three main investment options By Ben Brown and Katie Cleworth The snappily-titled Voluntary Alternative End of Service Benefits Savings Scheme (VAS) is now in effect and offers eligible UAE employers – and their employees – a voluntary alternative to the existing cash end-of-service gratuity scheme (ESG). The VAS is essentially a defined contribution pension scheme, which also offers a voluntary savings plan for employees. Instead of paying out a lump sum cash gratuity when an employee is terminated, eligible employers may instead make a monthly contribution into a fund supervised by the UAE Securities and Commodities Authority.…
Suryakumar Yadav will captain India in their five-match T20 series against Australia, leading a squad with just three members of the team that lost the World Cup final. India went into Sunday’s World Cup final in front of nearly 100,000 fans in Ahmedabad undefeated in the lead-up games of the tournament and favourites to capture the one-day crown. But Rohit Sharma’s team was outplayed by Pat Cummins’s Australia, suffering a six-wicket defeat and breaking the hearts of millions across the country. Suryakumar, who was just one of three players from the one-day team to be selected for the T20 squad,…
If you didn’t think you could snag a 65-inch TV Black Friday deal lower than $300, you’re not alone, but Walmart is proving us all wrong by slashing the price of the 65-inch Onn 4K TV to just $298, following a $50 discount on its already affordable sticker price of $348. What we’re sure of, however, is that there will be a lot of attention on one of the most attractive Black Friday deals for a new TV. Stocks may be long gone by the time the shopping holiday arrives, so if you want to take advantage of this offer, you’re…
Syrian expat Amin Taleb was all set to drop his children Aina and Amaan to school and head to his office for half a day of meetings on Friday — but plans had to change. His kids’ school decided to switch to online classes due to the rainy weather. “I told my wife one of us had to stay back home with the kids. But even before we made the decision, we received the good news that we, too, would be working from home,” said Amin, a Dubai resident who works as a business development manager at a supermarket chain.…