UAE Central Bank maintains borrowing rate, Lebanon fails to elect president – Trending


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Trending Middle East brings you the latest social media and search trends from the region and around the world.

On today’s episode, the UAE Central Bank maintains its benchmark borrowing rate in line with the US Federal Reserve, which paused its tightening cycle after having increased interest rates to their highest in 16 years to tame inflation.

Lebanon’s parliament fails to agree on a new president at the 12th attempt, highlighting the bitter divisions among politicians in a country entrenched in economic crisis.

Compromise talks on government plans for radical judicial reform in Israel grind to a halt after opposition leaders accuse Prime Minister Benjamin Netanyahu of obstructing the formation of a key judicial body.

A group of 17 music publishers sue Twitter in Nashville, Tennessee, accusing the company of enabling thousands of copyright breaches by allowing users to post music without a licence.

Quick pearls of wisdom

Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”

Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.” 

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COMPANY PROFILE
Name: Mamo 

 Year it started: 2019 Founders: Imad Gharazeddine, Asim Janjua

 Based: Dubai, UAE

 Number of employees: 28

 Sector: Financial services

 Investment: $9.5m

 Funding stage: Pre-Series A Investors: Global Ventures, GFC, 4DX Ventures, AlRajhi Partners, Olive Tree Capital, and prominent Silicon Valley investors. 

 
The BIO:

He became the first Emirati to climb Mount Everest in 2011, from the south section in Nepal

He ascended Mount Everest the next year from the more treacherous north Tibetan side

By 2015, he had completed the Explorers Grand Slam

Last year, he conquered K2, the world’s second-highest mountain located on the Pakistan-Chinese border

He carries dried camel meat, dried dates and a wheat mixture for the final summit push

His new goal is to climb 14 peaks that are more than 8,000 metres above sea level

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Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

GIANT REVIEW

Starring: Amir El-Masry, Pierce Brosnan

Director: Athale

Rating: 4/5

 

 

Updated: June 15, 2023, 6:07 AM
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