ADNIC obtains Indian approval for GIFT City reinsurance branch

ADNIC obtains Indian approval for GIFT City reinsurance branch

Abu Dhabi National Insurance Company (ADNIC) has obtained regulatory approval to establish a reinsurance branch in GIFT City, with the license coming into effect on April 1, 2026. The approval was granted by the International Financial Services Centers Authority (IFSCA), allowing the insurer to conduct reinsurance business from India’s International Financial Services Center in Gujarat….

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‘Rich Dad Poor Dad’ author Robert Kiyosaki says ‘the global stock market is collapsing’ and warns that ‘promises are broken during wars’

‘Rich Dad Poor Dad’ author Robert Kiyosaki says ‘the global stock market is collapsing’ and warns that ‘promises are broken during wars’

Robert Kiyosaki tells his followers that the world stock market is collapsing. The author of “Rich Dad Poor Dad” used recent market volatility in Asia to argue that traditional paper assets are not safe during geopolitical conflicts. In a Facebook post on March 4, Kiyosaki pointed to severe sell-offs on international stock markets as evidence…

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‘Forget it’: Trump interrupts gas price conversation as Venezuela oil rises – how that could affect the market

‘Forget it’: Trump interrupts gas price conversation as Venezuela oil rises – how that could affect the market

Moneywise and Yahoo Finance LLC may earn commissions or income through links in the content below. As Interior Secretary Doug Burgum described how increasing Venezuelan oil production could help lower gas prices for Americans, President Donald Trump weighed in with a different priority (1): “Forget it: when are they going to make the statue?” The…

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Gold prices fall amid inflation risks

Gold prices fall amid inflation risks

For thousands of years, gold has had a simple reputation. When the world feels unstable, gold feels safe. One of the clearest examples occurred in 1979-1980. The Iranian Revolution, the US embassy hostage crisis in Tehran and the Soviet invasion of Afghanistan sent shockwaves through world markets. Investors rushed to protect their wealth and gold…

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