Category: Featured

The digital currency is one of the most important and most popular digital currencies in the world, ranking third in terms of liquidity. A company called Open Queen, led by co-founder Chris Larsen, produced the digital currency in 2013 and collected a large number of funds from some major investors and some international companies. Chris Larsen explained that this central company serves the interests of Users on the currency and that the company is on its way to obtain 25% of all the quantities that are located in exchange sites and the alternative distribution of currencies. To get a clearer and easier understanding of the RIBLE coin there are 10 key points that we will show to make the picture better.

* 1- What is the currency of the ripple?

The RIBL is the broadest denomination of the digital currency in exchange sites, currency exchange and symbol (XRP), and the open source payment network in which the currency is quoted. It is also a payment network that provides free payments worldwide with the possibility of dealing and paying in any currency through the use of some exchange sites. The main purpose of the Ribal Currency is to enable individuals to free themselves from the restrictions of some financial networks such as credit cards, PayPal, banks and other institutions that charge fees for the exchange of different currencies. Through RIBL, people and traders can deal with it for free without the need for licenses and without paying fees.

* 2 – What is the benefit of the ruble coin?

According to Ripple’s Open Coin, it maintains liquidity and free flow of funds. The company has posted a blog on its website, “Ripel’s Currency and its Role in Money Transfer”, which shows a brief history of global money transfers and is a sign of frustration Ways of institutions and banks to impede the transfer of funds because of their request for financial fees in addition to the delay in the transfer. As the company explains in the code, the main objective and purpose of the Ripple coin is to build a decentralized digital currency approach developed by the currency of the homeowner, and pay money for what the Internet offers to all other forms of information.

* 3 – What is the function of the ripple coin?

“Today’s payment systems are the place where e-mail was used in the early 1980s, where every provider was providing its own system to its customers, and if some individuals used different systems they could not,” said David Charters, RIB’s coding and coding manager. Interacting and dealing easily with each other; thus the Ripple coin was produced to connect the various payment systems. ”

Schwartz also foresaw the possibility of seeing that “large companies lose control of liquidity and money flow easily to others and have also lost control over the flow and liquidity of information.”

* 4 – Who is the owner of the idea of ​​the currency of the Rifle?

Founded in partnership with Chief Executive Officer Chris Larsen and Jed Mkaleb, Jad Mkaleb is well versed in the digital currency industry and is currently dealing with the currency of KFH in most transactions worldwide. Chris Larsen co-founded and led the company online, and the company’s other Ripel developers are also fully aware of the currency.

* 5 – Is the currency of the ripple similar to Betquin?

The currency of the ripple is similar in terms of the digital format of the currency. Both currencies can be converted from one account to another without the need for third party intervention. Both provide digital insurance to protect against the possibility of counterfeiting money.

* 6. Does this mean that the Rival coin competes with the Betquin?

In fact, the Ripple is a complementary currency without the need for a rival with Bitquin. A Ripple currency system has been created to allow for the smooth transfer of any currency, be it the Dollar, the Pound, the Yen, or the Betquin. Stephen R. Thomas, the developer of Ripel’s Currency Protocol, explains that the Ripple currency will open a number of portals for Bitquin users to facilitate the prevailing financial practices in the world.

* 7 – How can Bitquin users benefit from the Ripple currency?

In addition to making it possible for multiple ways to connect and connect between different currencies, the Ribal currency increases the stability of financial transactions. OpenQuin does not depend on a single company to manage and secure a database of various financial transactions. Pass through the company easily and quickly.

* 8. How much will the future of the Ribal currency be?

The company is currently planning to provide nearly 100 billion riyals, half of which is planned for the financial deal, while the company plans to retain the remaining half.

* 9- Why was Ripel’s currency described as free?

The RIBL system does not charge any fees, unlike PayPal and various credit cards. However, the RIBL system deducts a very small fraction (1/1000%) of each transaction in order to protect any individual who is trying Put millions of transactions at once against the regime that is exposed to it.

* 10 – How much is the value of the ruble?

The price of the riyal is different from time to time. Currently, the price of one riyal is $ 0.218679, equivalent to 0.00012198 BTC. This increase continues due to increased demand for the currency.

SINGAPORE (Reuters) – Oil prices rose more than a dollar during Asian trade on Friday after the United States agreed to air strikes against militants in the organization of the Islamic State of Iraq, which increases the risk of blocking the supply of a major oil producer.

Crude prices received support also from data showing that China’s exports recorded a jump of 14.5 percent in July.

And President Barack Obama said he gave permission for limited use of American air power against Islamist militants who apply in northern Iraq to protect Americans there but he has no intention of being sucked into a war there.

And stepped up international contracts for crude measurement Brent crude for September delivery Eul $ 1.37 to 106.85 dollars a barrel before easing to 106.46 dollars by 0430 GMT. Brent and moving to end the week on a gain of about 2 percent.

The US crude futures rose $ 1.11 to 98.54 dollars a barrel before easing to 97.94 dollars.

And widened the gap between the prices of already allocated indices to 8.53 dollars.

The dollar gave up gains against other major currencies on Friday, and the decline came after the monthly report data to the U.S. Department of Labor data.

Shortly before, the Labor Department said in its monthly report, the U.S. is anticipated, that the U.S. economy has added 209 thousand jobs last month, the numbers were disappointing, where she was waiting Alosouk an increase of 233 thousand. The report also announced that it has been revised a number of jobs added in June to 298 thousand jobs from the preliminary figure of 288 thousand.

The report also showed that the unemployment rate in the U.S. rose slightly to 6.2% last month from 6.1% in June / June Analysts had expected the unemployment rate to remain unchanged in July / July

The EUR / USD shedding 0.02% to trade at 1.3393.

Earlier in the day, said market research group Markit that PMI manufacturing in Germany fell to 52.4 points last month from 52.9 in June / June Analysts had expected the index to remain unchanged.

As for the euro area as a whole, has said that the Markit index fell slightly to 51.8 in July from 51.9 points in reading the previous month. Analysts had expected and also the survival of the cursor on the case.

Elsewhere, the greenback / yen rate of 0.09% to trade at 102.69 while holding USD / CHF trading close to its highest price in 6 months at 0.9057.

Sterling also fell to its lowest level in a month and a half again, with trading the GBP / USD lower by 0.23% to hit 1.6847.

In the United Kingdom, has said market research firm Markit that its index of purchasing managers for the manufacturing sector fell to 55.4 points last month, to read 57.5 points in June / June Analysts had expected the index to slip to 57.2 points in the month.

It also rose three currencies that carry the name of the U.S. currency in all of Australia, New Zealand and Canada against the dollar as well. It has risen AUD / USD shedding 0.22% to hit 0.9314, and so did the dollar / Nioselndealve progress by 0.24% to hit 0.8520, while USD / CAD shedding 0.04% to hit 1.0899.

This record U.S. Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, increased by 0.22% when reading 81.36, to remain close to its highest level in 11 months, at 81.66, the highest level since September / September last year .

Later in the day, the Institute of Supply Management was to publish data activity of the industrial sector in the United States.

Societe Generale announced on Friday a net profit of 1.03 billion euros (1.38 billion dollars) in the second quarter, up 7.8 percent compared with the same period a year ago with the support of lower expenses and the cost of risk.

The second-largest listed bank in France that revenue fell to 5.893 billion euros from 6.12 billion a year ago.

However, operating expenses decreased 1.3 percent and also declined allocations non-performing loans.

Societe Generale said it has also increased its provisions relating to lawsuits by 200 million euros to 900 million euros by the end of June of 2014.

The bank did not elaborate on these allocations. But the bank said in its annual report this year that he was in talks with the U.S. Office of Foreign Assets Control in relation to dollar conversions carried out on behalf of the entities headquartered in countries subject to U.S. sanctions.

The annual report also said that the name of the bank stated in the lawsuits related to the U.S. of manipulating exchange rates.

Like other European banks, Societe Generale is selling assets to strengthen its balance sheet and improve profitability in light of slower growth in Western Europe.

The bank targets a return on equity of ten percent by the end of 2016.

Russia accounted for seven percent of the bank’s revenues in the year 2013. Societe Generale, said that “the momentum is still good business” there with the growth of outstanding loans of 5.3 percent.

Bank remains committed to the Russian investment despite political tensions between Moscow and the West over Ukraine crisis. The bank aims to maintain the level of exposure to Russia at three percent of the outstanding loans.

The fifth set of 12 winners of the ongoing Joyalukkas Golden Carnival promotion was announced in Sharjah, with the winners getting gold coins.

The promotion is offering every customer shopping for Dh500 worth of jewellery the opportunity to win 12 BMWs and two kilogrammes of gold.

“It’s a pleasure to see such an overwhelming response for Joyalukkas Golden Carnival. This mega winning opportunity will make many dreams come true and we feel happy to be able to enable this,” said Joy Alukkas, chairman and managing director of the Joyalukkas Group. The winners were picked by Mohammed from the Sharjah Economic Department in the presence of Joyalukkas officials and various customers at the Joyalukkas Centre in Rolla, Sharjah.

John Paul Joy Alukkas, executive director of the Joyalukkas Group, said: “During the 60-day duration of the Joyalukkas Golden Carnival, shoppers, in addition to getting the big win opportunity, can also avail an attractive exchange offer wherein customers will be offered zero deduction in weight and rate of old Jewellery on purchase of new Jewellery at Joyalukkas.”

The winners, on their win, said: “We are starting a good summer holiday season thanks to the winning opportunity at our favourite jeweller, Joyalukkas.”

Joyalukkas is an ISO-certified jeweller with 95 showrooms across 10 countries across the world.

The company has been awarded the Superbrand status for five years in a row in the UAE.

Celebrating the holy month of Ramadan, award winning jewellery retailer Pure Gold Jewellers, has launched a range of exquisitely designed diamond pendants with the inscription ‘Allah’ and ‘Mashallah’ in Arabic calligraphy. The Islamic pendants made with gold, colour stones and intricately set brilliant diamonds, reflect the spirit of holiness, prayer and giving that symbolises the month of Ramadan.

The Mashallah pendant in the limited edition collection features diamonds set against a backdrop of Mother of Pearl which is framed in gold. This round shaped pendant with delicate Arabic designs in gold on the outer frame is available for a price of Dh2,799 and is a timeless piece of jewellery to be cherished at all times.

Another work of art is the Allah pendant in a magical blend of colours and dazzling diamonds. This stunning creation set in colour stones is available for a price of Dh1,499.

Karim Merchant, CEO and MD of Pure Gold Jewellers, said: “In giving we receive, and this is the message behind our Ramadan themed pendants that make for a perfect gift to celebrate the spirit of the Holy month.

Artistically designed, the pendants take inspiration from traditional Arabic designs. They are timeless classic pieces that are always relevant and reminds one of the beautiful times of togetherness with family and loved ones during Ramadan.”

Also in the collection is a crescent shaped diamond pendant for Dh899.

And another featuring two lines of diamonds surrounding the inner inscription of Allah. This pendant is available for Dh1,999.

Launched Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice-President Prime Minister and Ruler of Dubai project “Mall World,” the largest shopping center of its kind in the world.

The project will be a city fully air-conditioned and are built on areas of more than 48 million sq ft on Sheikh Zayed Road in Dubai, where it connects to Mall of the world, which includes 8 million square feet of shopping space potentially increase to the largest park indoor games in the world covered by a dome and one can be opened during the winter and areas for theaters and cultural events and areas for medical tourism and more than 20 thousand hotel rooms and the mall is equipped to receive 180 million visitors annually.

Sheikh Mohammed said during the launch of the new project that the rapid growth rates in the sectors of retail, tourism, family requires us to prepare early for the future.

He added, “we announced some time ago that we want to be the economic capital and the tourist and cultural billion people living around us and we are serious in implementing our vision.”

And related project Mall world being developed by Dubai Holding with an integrated city visitor can spend the whole week without leave and without the need for the use of his car, where they will cover and air all the footpaths that connect with the mall, which has a length of more than 7 kilometers and can be opened during the winter and connecting corridors cold all related facilities in mol of hotels and walkways for shopping and spas in addition to the park’s largest indoor family entertainment is covered by a dome and one can also open during the winter to form the dome one of the wonders of the world Mall project.

The Mall will feature the world’s largest retail space in the world and will be linked with more than 100 hotel facility includes 20 thousand hotel rooms .. also relate to all buildings within the project modern road network environment friendly lined with shops and a variety of restaurants.

Recently introduced in t Dubai smile made ​​entirely of gold and diamonds, and is considered the most expensive in the world, is expected to register Her smile this new record in the Guinness “Guinness”.

On this occasion, noted Dr Majd Naji, Director General of the Clinic Liberty Dental, which has manufactured the smile, “I’ve been getting a certificate purely diamonds and gold from the Institute of World Diamond in Belgium, was entirely manufactured in Dubai, where it was the use of 10 grams of pure gold 24 carat carats, also used 88 diamond size 1.3 and 68 diamond the size of 1.7 and four 2.8-sized diamonds, with a total weight of 2.5 carat diamonds, all of the round shape ”

Added Dr. Naji glory “is expected to obtain a certificate of” Guinness “for the world’s most expensive smile, which will be presented this record for the Guinness” Guinness “for the title.

On the most important reasons that prompted Liberty to provide that smile said Dr. Majd Naji “that after getting the people of the UAE for the title of the happiest people in the world, I thought the clinic to provide the most expensive smile in the world and decided to make a portion of the proceeds to charity, as a donation of $ 100 thousand AED The value of this in favor of a smile to charities that deal with the treatment of children. ”

The cost of this smile 153 thousand U.S. dollars, and be installed and removed at any time you want it accompanied, they are placed as an ornament only during the events and images, and fit while eating or whatever.

And do not need this smile more than two to be installed, where the measurements are taken is to explain to the patient about how to install and disassemble, which is easy, because it will not need a doctor to drill or refund the teeth, added Dr. he is now working on a smile again, goes part of the proceeds to one of the parties charity.