BLOOMBERG November has been good to South Africa’s rand for the past five years. This time is different. South Africa’s currency is on track for an 0.3% decline against the dollar this month, one of only four emerging-market peers to weaken. MSCI’s developing nation currency index is set for a 2.9% November gain. That’s in contrast to the rand’s performance ...

DUBAI/ GULF TIME Dubai, known for its unsurpassed luxury and innovation, is now home to a groundbreaking UAE certified lab-grown diamond company that is set to redefine the luxury jewelry industry. PlasmabilityTM, Crossworks Manufacturing, a member of the HRA Group, Dubai Holding (SJM Group) and Bond have entered into a strategic partnership establishing Eviqe Diamonds, a technologically advanced pioneer in ...

ABU DHABI/ GULF TIME The Emirate of Abu Dhabi is set for its first green-hydrogen-powered smart taxi experience. Tawasul Transport, a leading transport company, is collaborating with ADNOC, the Integrated Transport Center (ITC) and Al Futtaim Motors, to create this trailblazing sustainable urban mobility initiative. Tawasul Transport, together with Al Futtaim Motors, will provide the operational data, including kilometers driven, ...