Month : December 2024

Business

Dow Jones rises while Fed decision draws investor focus this week

omandailynews.com
The Dow Jones Industrial Average and other key U.S. stock indexes opened higher on Monday as investors awaited a crucial Federal Reserve meeting later this week. Super Micro Computer (SMCI) emerged as a significant early loser, plunging after being removed from the Nasdaq 100 index. At the market open, the Dow Jones Industrial Average posted a......
Featured News

TEKCE redefines real estate with personalised PropTech services

omandailynews.com
With PropTech investments projected to reach $37 billion by 2025, the real estate sector is poised for a dynamic transformation. International real estate group TEKCE leads this evolution with MyTEKCE, a platform that personalises property trades by centralising data and processes.  Newszy: MALAGA –  The global real estate industry is poised......
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How AI is Revolutionizing Fintech: Kama Capital’s Perspective

omandailynews.com
Newszy: Dubai, UAE – Artificial Intelligence (AI) is at the forefront of a paradigm shift in fintech, revolutionizing customer experiences, risk management, and trading practices. As Kama Capital gears up for its Bronze Partnership at the Global AI Show at the Grand Hyatt Exhibition Centre in Dubai (December 12-13, 2024), the company is highlighting......
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Bitcoin cold war looms as U.S. and Russia ramp up reserves

omandailynews.com
U.S. President-elect Donald Trump has reiterated his support for bitcoin and cryptocurrency, confirming plans to establish a U.S. Bitcoin Strategic Reserve. Speaking to the media, Trump emphasized the need for the United States to stay competitive, stating, “We’re going to do something great with crypto because we don’t want China, or anybody else, to get ahead of......
Travel

Air Arabia adds Uzbekistan’s Tashkent to growing UAE network

omandailynews.com
Air Arabia has announced the addition of Tashkent, Uzbekistan, to its growing network of destinations served from Ras Al Khaimah. Beginning December 27, 2024, the airline will operate a weekly direct flight connecting Ras Al Khaimah International Airport with Islam Karimov Tashkent International Airport. This latest expansion is part of the carrier’s broader......
Business

German economy expected to stagnate through winter, Bundesbank says

omandailynews.com
Germany is bracing for another year of economic contraction, as the Deutsche Bundesbank forecasts a 0.2% decline in GDP for 2024. This marks the second consecutive year of economic shrinkage, with structural challenges and international trade concerns contributing to the sluggish performance. President Joachim Nagel emphasized the pressures facing Europe’s largest economy,......
Business

Japan’s manufacturing sector sees slight confidence boost in December

omandailynews.com
Business confidence among Japan’s major manufacturers improved slightly in December, according to the Bank of Japan’s latest Tankan survey released on Friday. The sentiment index rose to 14, up from 13 in September, signaling cautious optimism among companies such as carmakers and technology firms. The figure surpassed market expectations, which had predicted......
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BLS International and Finstreet Limited Sign MoU to Explore Collaborative Opportunities

omandailynews.com
Newszy: Dubai, December 12, 2024: BLS International Services Singapore Pte. Ltd., a global leader in tech-enabled services for governments and citizens, today announced the signing of a Memorandum of Understanding (MoU) with Finstreet Limited, a subsidiary of International Holding Company (ADX:IHC) based in Abu Dhabi. IHC is a globally diversified conglomerate specializing in trading......