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Dubai's MBS Global Investments to Build $9 Billion Financial Hub in the Maldives: Report
Dubai-based MBS crypto exchange is set to allocate $8.8 billion (roughly Rs. 74,164 crore) over a period of five years to grow the Web3 ecosystem in Maldives. The creation of the "Maldives International Financial Centre" is the focus point of Maldives' crypto-related masterplan, Financial Times claimed in its report.
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UKs University Of Surrey To Open Campus In Gujarat's Gift City
The project is dependent on regulatory approval from Gujarat International Financial Services Centres Authority (IFSCA) under the International Branch Campus Regulations.
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Registrations Underway For ICSI Course on International Financial Service Centre Authority
The main objective of the IFSCA is to develop a strong global connect and focus on the needs of the Indian economy.
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Slow Recovery As Dubai Airport, Roads Still Plagued By Floods
Some 1,244 flights were cancelled and 41 were diverted on Tuesday and Wednesday after torrential rains flooded the Middle East financial centre including its homes, malls and offices, and highways.
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"GIFT City Efficient Channel To Make India Low-Carbon Economy": PM Modi
India wants to make its financial hub in Gujarat a centre for global sustainable finance to help fund the $10 trillion investment needed to achieve its 2070 net zero emissions goal, Prime Minister Narendra Modi said on Saturday.
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EU's Pending Banking Law Calls for Fast-Track Crypto Capital Rules for Banks
Tough capital rules for banks holding cryptoassets must be fast-tracked in the European Union's pending banking law if Europe wants to avoid missing a globally-agreed deadline, the bloc's executive has said. The global Basel Committee of banking regulators from the world's main financial centres has set a January 2025 deadline for implementing capi...
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FTX Collapse: How the Crisis-Hit Platform's Financial Struggles Are Affecting The Global Crypto Landscape
FTX was rocked by a dramatic series of events this week, centred around the crisis-hit platform's lack of liquidity. A deal with rival Binance fell through earlier this week, and the ongoing saga is reverberating across the global cryptocurrency landscape. From the impact of the collapse on rivals, to the chances of regulatory scrutiny, here's ever...
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India Now Stands In League Of US, UK In Global Financial Sector: PM Modi
India is among the biggest economies in the world and is now joining the league of global financial centres like the United States, the United Kingdom and Singapore, Prime Minister Narendra Modi said on Friday.
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US Firms In Hong Kong Awake To "Sad Day" As Trump Vows To Curb Economic Ties
The American Chamber of Commerce in Hong Kong said on Saturday it was "a sad day" for the global financial centre, hours after US President Donald Trump moved toward stripping the city of its special treatment in a bid to punish China.
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Uber Sets Up Uber Money Team in India to Develop Financial Solutions for Riders, Drivers
Uber has announced the formation of a dedicated Uber Money team in India that will work from its Hyderabad Tech Centre to work on global financial products. The team will work on solutions including Uber Wallet and refreshed credit cards for Uber cab riders.
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11 Indians Get Swiss Notices In Process To Share Banking Details
As Switzerland strives hard to re-establish its global financial centre position after clamping down on secrecy walls of its banks, there has been a significant surge in the number of cases where it has initiated process to share information on Indians with Swiss bank accounts and shot off letters to about a dozen such individuals last week itself.
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Britain Starts Search For Next Bank Of England Governor
Britain's finance minister Philip Hammond began the search for a new governor of the Bank of England on Wednesday, seeking someone to help steer the world's fifth-biggest economy, and its global financial centre, through the upheaval of Brexit.
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If You're Not at the Table, You're on the Menu
It is a crucial time for global development efforts to eradicate poverty and hunger. An agreement here would be supportive of the post 2015 Sustainable Development Goals, which are to be adopted by heads of state at New York in September.
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Mumbai to Be Developed as a Global Financial Centre: Chief Minister Devendra Fadnavis
Maharashtra Chief Minister Devendra Fadnavis, today, said his government was committed to develop Mumbai as an international financial centre and strive to provide investors with the best financial services.
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'Wealthy Indians Prefer Their Second Home in London, New York': Reports
India's multi-millionaires prefer to buy their second homes in leading global financial centres, including London, New York and Singapore, says a report.
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Dubai's MBS Global Investments to Build $9 Billion Financial Hub in the Maldives: Report
Dubai-based MBS crypto exchange is set to allocate $8.8 billion (roughly Rs. 74,164 crore) over a period of five years to grow the Web3 ecosystem in Maldives. The creation of the "Maldives International Financial Centre" is the focus point of Maldives' crypto-related masterplan, Financial Times claimed in its report.
-
UKs University Of Surrey To Open Campus In Gujarat's Gift City
The project is dependent on regulatory approval from Gujarat International Financial Services Centres Authority (IFSCA) under the International Branch Campus Regulations.
-
Registrations Underway For ICSI Course on International Financial Service Centre Authority
The main objective of the IFSCA is to develop a strong global connect and focus on the needs of the Indian economy.
-
Slow Recovery As Dubai Airport, Roads Still Plagued By Floods
Some 1,244 flights were cancelled and 41 were diverted on Tuesday and Wednesday after torrential rains flooded the Middle East financial centre including its homes, malls and offices, and highways.
-
"GIFT City Efficient Channel To Make India Low-Carbon Economy": PM Modi
India wants to make its financial hub in Gujarat a centre for global sustainable finance to help fund the $10 trillion investment needed to achieve its 2070 net zero emissions goal, Prime Minister Narendra Modi said on Saturday.
-
EU's Pending Banking Law Calls for Fast-Track Crypto Capital Rules for Banks
Tough capital rules for banks holding cryptoassets must be fast-tracked in the European Union's pending banking law if Europe wants to avoid missing a globally-agreed deadline, the bloc's executive has said. The global Basel Committee of banking regulators from the world's main financial centres has set a January 2025 deadline for implementing capi...
-
FTX Collapse: How the Crisis-Hit Platform's Financial Struggles Are Affecting The Global Crypto Landscape
FTX was rocked by a dramatic series of events this week, centred around the crisis-hit platform's lack of liquidity. A deal with rival Binance fell through earlier this week, and the ongoing saga is reverberating across the global cryptocurrency landscape. From the impact of the collapse on rivals, to the chances of regulatory scrutiny, here's ever...
-
India Now Stands In League Of US, UK In Global Financial Sector: PM Modi
India is among the biggest economies in the world and is now joining the league of global financial centres like the United States, the United Kingdom and Singapore, Prime Minister Narendra Modi said on Friday.
-
US Firms In Hong Kong Awake To "Sad Day" As Trump Vows To Curb Economic Ties
The American Chamber of Commerce in Hong Kong said on Saturday it was "a sad day" for the global financial centre, hours after US President Donald Trump moved toward stripping the city of its special treatment in a bid to punish China.
-
Uber Sets Up Uber Money Team in India to Develop Financial Solutions for Riders, Drivers
Uber has announced the formation of a dedicated Uber Money team in India that will work from its Hyderabad Tech Centre to work on global financial products. The team will work on solutions including Uber Wallet and refreshed credit cards for Uber cab riders.
-
11 Indians Get Swiss Notices In Process To Share Banking Details
As Switzerland strives hard to re-establish its global financial centre position after clamping down on secrecy walls of its banks, there has been a significant surge in the number of cases where it has initiated process to share information on Indians with Swiss bank accounts and shot off letters to about a dozen such individuals last week itself.
-
Britain Starts Search For Next Bank Of England Governor
Britain's finance minister Philip Hammond began the search for a new governor of the Bank of England on Wednesday, seeking someone to help steer the world's fifth-biggest economy, and its global financial centre, through the upheaval of Brexit.
-
If You're Not at the Table, You're on the Menu
It is a crucial time for global development efforts to eradicate poverty and hunger. An agreement here would be supportive of the post 2015 Sustainable Development Goals, which are to be adopted by heads of state at New York in September.
-
Mumbai to Be Developed as a Global Financial Centre: Chief Minister Devendra Fadnavis
Maharashtra Chief Minister Devendra Fadnavis, today, said his government was committed to develop Mumbai as an international financial centre and strive to provide investors with the best financial services.
-
'Wealthy Indians Prefer Their Second Home in London, New York': Reports
India's multi-millionaires prefer to buy their second homes in leading global financial centres, including London, New York and Singapore, says a report.
