FLASH: The strategy includes 9 initiatives and 33 projects that will see the collaboration of several government entities Dubai has launched a new ‘Silk Road’ strategy that seeks to establish the Emirate as a global trade and logistics hub, it was announced Saturday. The strategy, approved by Dubai’s Crown Prince Sheikh Hamdan bin Mohammed bin […]
Thailand Has New Pioneering Rules Covering Cryptocurrencies $BTC, $ETH Thailand’s leadership, innovation and clear rules has it right in the middle of the Cryptocurrency market Regulators around the world have grappled with the issue of what category digital currencies and assets fall into, Thailand has skipped that debate. Instead, Thai authorities wrote a new law to cover […]
Dubai’s Annual Innovation Showcase This year’s GITEX Technology Week proved to be a Key barometer of the Emirate’s progress in becoming a Digital Hub Again this year’s GITEX Technology Week in Dubai was a showcase of the latest and greatest innovations from the world over. Dubai Police drew international headlines with a hover-bike produced in […]
More Flooding Ahead for Texas, Losses Mounting $USO, $UNG, $UGA The flood waters deepen in Houston, the Hub of the US Crude Oil industry. As floods inundated the nation’s 4th-largest city Monday, with an estimated 20 ins of rain still to come, predictions of damage ranged as high as $100-B. Wall Street and Washington braced […]
Dubai’s Ruler Reveals Plan for $1.5-B Food Park The wholesale food hub will be located in Dubai Wholesale City Sheikh Mohammed bin Rashid Al Maktoum, the UAE’s Vice President and Prime Minister and Dubai’s Ruler has unveiled the blueprint for the $1.5-B Dubai Food Park (DFP). Spread across over 48-M sqf within Dubai Wholesale City, the […]
Dublin, a Future Hub for Financial Firms Fleeing Brexit $BAC, $HSBC, $GS, $MS, $JPM Britain’s plans to leave the EU have a Silver Lining is expanding daily along the banks of the River Liffey, a likely post-Brexit refuge for London’s City banking operations. Dublin’s financial district stretches for nearly a mile on both banks of […]
California, Its Quest to Legalize Recreational Marijuana California’s state capital region could reap 20,000 jobs and generate $4.2-B in business if it becomes a hub for a legalized marijuana industry, a study released Monday showed. The report from the University of the Pacific in Stockton was commissioned by the cannabis investment company Truth Enterprises, just […]
HH Sheikh Ahmed on Dubai and Emirates $BA, $EADSY The airline’s Chairman/CEO explains how it has ‘challenged the historical norms’ of the aviation industry “The success of Dubai and the success of Emirates Airlines are 2 things that depend on each other. “From the very start, Emirates Airline and Dubai have grown hand in hand. […]
Tuesday Technical Outlook for Crude Oil (USO) $USO After Friday’s choppy session, WTI Crude Oil futures finished lower Monday, pulling back from 5 month highs marked last week. West Texas Intermediate Crude Oil settled at 42.64 on the NYMEX, -1.09, or 2.5% on the day capping a 4 day winning streak. Investors assessed the potential […]
US RMB Yuan Trading, Clearing Advocates Rally the Need The US market’s USD-centric approach is changing with the RMB Yuan becoming more internationalized. The heads of a US working group formed to push use of the Chinese currency in the United States claim that expanding RMB trading and clearing there will help both the Chinese […]
Nigeria And China Firms To Develope A Cocoa Hub The southwest Nigeria’s state of Osun Thursday said it has partner a Chinese firm to transform the state into a Hub of Cocoa production. State governor Rauf Aregbesola made the remarks in Ede town during a facility tour of the resuscitated Cocoa Production Industry in partnership […]
