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BUSINESS-BASED PEACE INITIATIVES TO EASE TENSIONS, SAYS UAE BUSINESS LEADER

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  Business-based peace initiatives to ease tensions, says UAE business leader Syed Atique Hussain Naqvi, Riyadh, Saudi Arabia Tensions arising from conflicts like the Ukraine-Russia war and the Gaza crisis are affecting investor confidence and causing economic challenges in countries like Jordan, Egypt, and Israel, particularly in sectors like tourism and technology, Iyad Malas, Group CEO of Dubai-based Al Ghurair Group, told Executive Editor of TRENDS media Syed Atique Hussain Naqvi in an interview. Speaking on the sidelines of the annual Future Investment Initiative (FII) summit in Riyadh, he highlighted the significance of the event, emphasizing its role in uniting regional and global participants, especially in light of current geopolitical challenges. He noted that such gatherings are vital for fostering connections and potentially promoting peace through business. Malas also stressed the importance of digitization and technological advancements in the business world. H

Scaramucci says strategic position makes UAE key blockchain and Web 3 player

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  Scaramucci says strategic position makes UAE key blockchain and Web 3 player Syed Atique Hussain Naqvi, Davos Switzerland  lockchain and Web 3 are the future and that the UAE’s strategic position globally and well-designed cities of Dubai and Abu Dhabi make them critical players in the industry, Anthony Scaramucci, founder of SkyBridge Capital and former White House Director of Communications, told Executive Editor of TRENDS media Syed Atique Hussain in an exclusive interview. Expressing his opinion on the regulation of cryptocurrency in the US, Scaramucci said that the industry needs more regulation to prevent immoral and aberrant behavior. He emphasized the importance of blockchain industry leaders and associated individuals working with public servants to regulate the market. He also suggested a need for a regulatory body similar to the Securities Exchange Commission to prevent scams and immoral behavior. Excerpts: What challenges do the GCC countries — especially the