April 23, 2026
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Sabah fire destroys 1,000 homes and displaces thousands

UAE and UK foreign ministers review regional tensions

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Japan defense budget nears 2% of GDP in fiscal 2026

UAE economy extends global rise on strong 2026 data

Malaysia halal exports rise 10.9% to RM68.52 billion

Month : December 2024

Featured News

Russia expands use of cryptocurrency for global trade and resilience

omandailynews.com
Russia has begun utilizing Bitcoin and other cryptocurrencies for international payments as part of its efforts to mitigate the impact of Western sanctions, according to Finance Minister Anton Siluanov. The move follows legislative changes enabling the use of digital currencies in foreign trade, Siluanov confirmed in an interview on the state-owned Russia-24 television channel. The minister......
Business

Washington probes China over alleged anti-competitive semiconductor policies

omandailynews.com
The United States has launched an investigation into China’s semiconductor industry, citing concerns over anti-competitive practices that could undermine U.S. economic and national security interests. The probe, announced by the Office of the U.S. Trade Representative (USTR), comes just weeks before President-elect Donald Trump is set to take office, potentially shaping the next administration’s trade......
Technology

Sriram Krishnan named senior AI policy advisor in Trump administration

omandailynews.com
President-elect Donald Trump has appointed Indian-American entrepreneur Sriram Krishnan as Senior White House Policy Advisor on Artificial Intelligence (AI). Krishnan is set to collaborate with David Sacks, who has been named White House  AI  and Crypto Czar, to oversee AI policy development across federal agencies. The appointment highlights the incoming administration’s focus......
Featured News

Bitget Ranks Among Top 3 Crypto Exchanges for Futures Trading in November Report

omandailynews.com
Newszy: Victoria, Seychelles – Bitget, the leading cryptocurrency exchange and Web3 company, has shared its monthly transparency report highlighting the ecosystem’s strong performance in November 2024. The cryptomarket saw a sharp increase, with Bitcoin surging past $106,000. At Bitget, this ATH trend was replicated, with Bitget Token (BGB) rising from approximately $1.44 to......
Featured News

JustMarkets Celebrates Key Milestones From 2024

omandailynews.com
JustMarkets concludes 2024 with notable achievements that highlight their ongoing focus on reliable and smart solutions for the worldwide trading community. Newszy: Dubai — The outgoing year marked the company’s 12th anniversary, a milestone underscoring JustMarkets‘ long-standing presence in the financial sector. Over these years, the broker achieved numerous victories, earned 50+......
Health

FDA unveils new healthy food criteria emphasizing whole, nutrient-dense foods

omandailynews.com
The United States Food and Drug Administration (FDA) has updated its definition of “healthy” food for the first time in 30 years, redefining the nutritional standards that guide consumer choices. The revised criteria prioritize nutrient-rich foods such as eggs, salmon, and avocados, while excluding items like white bread and sugary snacks that......
Business

Nike to scale back discounts after decline in sales and profitability

omandailynews.com
Nike CEO Elliott Hill outlined his strategic plan on Thursday to revive the company’s growth trajectory, attributing recent revenue and profit declines to excessive promotional discounts. Hill, a longtime Nike veteran who rejoined the company in October, emphasized restoring “sport” as the cornerstone of the brand’s identity and operations. Hill’s comments follow the......
Business

FedEx to split operations, creating a standalone freight business

omandailynews.com
FedEx Corporation announced on December 19 its plan to spin off FedEx Freight into a separate publicly traded company, aiming to establish the largest less-than-truckload (LTL) carrier in North America. The decision, following a comprehensive strategic review by the FedEx board of directors, is expected to conclude within 18 months, subject to regulatory and board......