UAE Business: ADIB leads closure of $235m syndicated transaction
Abu Dhabi Islamic Bank (ADIB) has announced the successful
Source: gdnonline.com
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Housing bill could create new rent control areas
Ministers say the changes would keep people in their homes and help prevent homelessness in Scotland.
Source: yahoo.com
Ukraine: Ukraine ramps up spending on homemade weapons to help repel Russia
Ukraine is boosting its defense industry to fight Russia, investing heavily in local weapon production. The government budgeted nearly $1.4 billion in 2024 for homemade weapons, 20 times more than before. Private factories are now crucial, making thousands of shells monthly. This shift aims to counter Russia's dominance. However, Ukraine faces challenges like bureaucracy and manpower shortages. Despite this, its drone industry has thrived. The conflict hinges on resources and how well Ukraine uses them, as massive Western support remains crucial for its defense.
Source: indiatimes.com
Forex Today: Market sentiment remains biased towards the Dollar
The Greenback maintained its constructive stance and extended the consolidative mood around the upper end of the recent range, all against the backdrop of small retracements in risk-associated assets.
Source: fxstreet.com