August saw the Rupee Perform Second Worst Among Asian Currencies Versus the US Dollar
Due to strong dollar demand and outflows from domestic equities, the Indian rupee performed worse than any other Asian currency in August, trailing only the Bangladeshi taka. It lost 0.2%…
FTA Held 260 Awareness Events, with over 103,500 Attendees
Over 103,500 people attended the 260 in-person and online awareness events that the Federal Tax Authority (FTA) hosted in 2023 and the first half of 2024 (H1 2024). According to…
A Series B Round of Funding is Raised by AGRIM, an Agritech Startup
In its Series B funding round, which was spearheaded by Asia Impact and included participation from current investors Kalaari, India Quotient, Omnivore, and Accion Venture Lab, AGRIM, a B2B platform…
The FDA Approves Novavax’s Modified Covid Vaccine, Which Targets the JN.1 Strain
On Friday, the Food and Drug Administration approved the updated Covid shot from Novavax for emergency use. The modified vaccine, which targets the JN.1 strain of the virus, is approved…
Release of the Redmi 14C, Featuring a 6.88-Inch LCD Screen and MediaTek Helio G81 Chipset
The company released the Redmi 14C on Friday. The smartphone replaces the Redmi 13C, a low-cost device that was released in December 2023. The Redmi 14C, manufactured by Xiaomi's subsidiary,…
UK Modifies its AI Policy to Save Money
Ahead of a tight autumn budget, the British Labour government is developing a new, cost-cutting artificial intelligence strategy that puts the public sector's adoption of the technology ahead of direct…
Forecast for Gold: Seeking a Breakout as It Maintains Important Support Levels
Gold is still strong as it tries to rise above yesterday's high of 2,528.93 on Thursday while holding onto important short-term support levels. Gold is trading within Wednesday's price range,…
Companies Listed in the GCC Make $60.7 Billion in Q2 Revenue
In Q2 of 2024, aggregate net profits reported by companies listed on GCC exchanges saw a robust year-over-year (YoY) growth of 5.7 percent, driven by growth in most of the…
The Rise of Private Master Developers in Dubai: A Developer’s Perspective
As a Dubai-based developer, I’ve witnessed firsthand the challenges and disappointments that come with investing in numerous promising communities. Time and again, master developers have promised the moon but ended…
Healthtech Startup Sunfox, featured on Shark Tank India, raises Rs 15 Crore
Sunfox Technologies, a healthtech startup that was featured on Shark Tank India, has raised Rs 15 crore, or roughly $1.78 million, in a pre-Series A funding round. Venture Catalysts led…
