Author: News Xpress Online

Since its launch in 2005, the Dubai Gold and Commodities Exchange (DGCX) has become a cornerstone in shaping the Middle East’s financial landscape. Over the past two decades, DGCX has positioned Dubai as a major player in global derivatives trading. As the exchange celebrates its 20th anniversary, it continues to lead the way in innovation, offering essential tools to manage market volatility while solidifying its reputation as a key hub for international finance. The Beginning of DGCX: Serving Regional and Global Needs DGCX was initially designed to meet the trading needs of the Middle East, with a forward-looking approach to…

Ethiopia’s startup ecosystem is getting a significant boost with the launch of ADMAS Chatbot, an AI-powered business development tool designed to support startups, small and medium-sized enterprises (SMEs), and entrepreneurs. Developed by NUNA Ethiopia in collaboration with the Ministry of Innovation and Technology – Ethiopia, the Japan International Cooperation Agency (JICA), and key industry stakeholders, ADMAS aims to bridge the gap between business owners and critical resources. With its AI-driven capabilities, the chatbot provides entrepreneurs with real-time access to business insights, regulatory updates, and mentorship opportunities, fostering growth and innovation in Ethiopia’s business landscape. How ADMAS Chatbot Supports Ethiopian Entrepreneurs…

New York’s Minority and Women-owned Business Enterprise (MWBE) program, designed to support underrepresented entrepreneurs, is facing allegations of bias against female applicants. Reports indicate that women business owners, particularly white women, are being denied certification at a disproportionate rate. According to The Times Union, internal complaints have surfaced, accusing a senior analyst of systematically rejecting applications from white women. While Empire State Development (ESD), the state agency overseeing MWBE, denies any discriminatory practices, an internal review is underway. The controversy has reignited discussions about fairness, accessibility, and the future of the program as it approaches reauthorization. MWBE Certification Challenges and…

Former Kenyan Prime Minister Raila Odinga has assured his supporters that he will soon announce his next course of action after failing to secure the African Union Commission (AUC) Chairmanship. Speaking on Saturday, Odinga reiterated his commitment to serving both Kenya and the African continent in various capacities despite the electoral setback. “We are available to help the continent of Africa, but more importantly, we are also available for Kenya,” Odinga stated during a press briefing. Consultations on Political Future Odinga revealed that he plans to hold extensive discussions with his allies and supporters regarding the future of his political…

Ghana’s Ninth Parliament, entrusted with guiding the nation through one of its most severe economic downturns, has become a battleground of political discord. Clashes between the majority National Democratic Congress (NDC) and the minority New Patriotic Party (NPP) during ministerial nominee vetting sessions have escalated into physical altercations, vandalism, and mass walkouts, raising concerns about democratic stability. This crisis comes at a critical juncture: Ghana is implementing a stringent $3 billion International Monetary Fund (IMF) bailout program to stabilize its debt-laden economy. However, the chaotic legislative environment threatens public trust and investor confidence, potentially increasing borrowing costs and derailing the…

Senator Mohammed Sani Musa has emerged as a pivotal figure in Nigeria’s political landscape, known for his commitment to national development, integrity, and selfless service. Representing Niger East Senatorial District, he has pioneered a progressive approach to governance that prioritizes transparency, economic growth, and the welfare of the people. As the Chairman of the Senate Committee on Finance, he plays a crucial role in shaping Nigeria’s fiscal policies, ensuring efficient resource allocation and sustainable development. Championing Economic Growth and Fiscal Responsibility In his capacity as Chairman of the Senate Committee on Finance, Senator Musa has spearheaded initiatives aimed at strengthening…

London, UK – UK Prime Minister Sir Keir Starmer is set to meet with US President Donald Trump at the White House on Thursday, marking one of the most crucial diplomatic engagements between the two nations in recent history. Former US Secretary of State John Kerry has cautioned that Sir Keir has a “very tough hand” to play as he navigates discussions on global security, with a strong focus on the war in Ukraine. High-Stakes Diplomatic Engagement As Britain and Europe look to assert a greater role in their own defense, Sir Keir is expected to emphasize Labour’s commitment to…

China has reiterated its commitment to playing a constructive role in resolving the Ukraine crisis through diplomatic efforts. Chinese Foreign Ministry spokesman Lin Jian emphasized this stance during a regular press briefing on Monday. China’s Consistent Position on the Ukraine Crisis Lin addressed queries about whether China plans to introduce new initiatives following Ukrainian President Volodymyr Zelensky’s recent appeal for China’s assistance in restoring peace and supporting post-war reconstruction. Speaking at a press conference on Sunday, Zelensky expressed hope that China would help mediate a resolution to the ongoing conflict. In response, Lin stated that China’s position on the Ukraine…

Richmond, Australia – Richmond Tigers veteran Dion Prestia has suffered another injury setback and will miss the start of the AFL season after an Achilles tendon issue flared up during training. The experienced midfielder, who has battled persistent injuries in recent years, remains without a definitive recovery timeline. The 32-year-old three-time premiership winner managed only 13 games last season due to multiple soft-tissue injuries. His latest setback means he will be unavailable for Richmond’s opening clash against Carlton on March 13. Prestia’s Recovery Plan Unclear Richmond’s high-performance manager, Ben Serpell, confirmed the news, stating that Prestia will need a rehabilitation…

Beijing, China – The introduction of artificial intelligence (AI) in China’s civil service is transforming government operations, but it has also sparked concerns among citizens and employees. Futian District in Shenzhen has taken the lead by deploying AI-powered civil servants, significantly boosting efficiency in government administration. According to the Futian district government, the AI system has cut the time required to draft official documents from five days to just a few minutes, with an accuracy rate exceeding 95%. The audit process has also seen a 90% reduction in duration, while errors have been kept below 5%. These improvements were highlighted…