Bruno's Sponsorship Marks a Milestone for Open-Source API Tools
Bruno's sponsorship underscores its growing prominence within the developer community. Designed as a lightweight, Git-friendly alternative to Postman, Bruno emphasises offline functionality and data privacy. It stores API collections locally in plain text '.bru' files, facilitating seamless version control and collaboration without reliance on cloud services.
The IndiaFOSS 2025 conference anticipates over 2,500 in-person attendees, with an additional 2,500 participants expected to join virtually. The event will feature a range of activities, including workshops, panel discussions, and showcases of open-source projects. Bruno's involvement as a Platinum Sponsor highlights its commitment to the open-source ecosystem and its dedication to fostering community engagement.
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Bruno's participation in IndiaFOSS 2025 is not its first engagement with the conference. Previously, its founder Anoop M D presented Bruno at IndiaFOSS 3.0, where he discussed the tool's architecture and its role in the API development landscape. The presentation highlighted Bruno's unique features, such as its offline-first approach and integration with Git, which distinguish it from other API clients.
The sponsorship also reflects Bruno's broader strategy to support and promote open-source initiatives. By aligning with IndiaFOSS 2025, Bruno aims to contribute to the growth and sustainability of the open-source community. The conference provides a platform for developers, enthusiasts, and organisations to collaborate and share knowledge, aligning with Bruno's mission to empower users through accessible and transparent tools.
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Gulf Today
26-07-2025
- Gulf Today
India's Modi announces credit worth $565 million to Maldives
Indian Prime Minister Narendra Modi on Friday announced a $565-million line of credit to the Maldives during a visit to the Indian Ocean archipelago, as the two countries launched formal talks for a free-trade agreement. Modi is visiting the Maldives, known for its upmarket tourist resorts, to mark the 60th anniversary of its independence and diplomatic relations between the two countries. The announcement came during Modi's joint media statement with Maldives' President Mohamed Muizzu. The two-day visit is crucial to India's ambition to control the seas and shipping routes of the Indian Ocean in a race with its regional rival China. It also marks the further easing of diplomatic tensions between the two nations that followed the election of pro-China Muizzu in 2023. Regional powers India and China compete for influence in the archipelago nation, which is strategically located in the Indian Ocean. On Friday, Modi witnessed the exchange of agreements to cooperate in sectors such as fisheries, health, tourism and digital development. He also formally handed dozens of heavy vehicles to the Maldives' defense forces. 'India is Maldives' closest neighbor. Maldives holds an important place in both India's neighborhood- first policy and ocean vision,' Modi said. 'India is also proud to be Maldives' most trusted friend.' The line of credit will be used for 'infrastructure and development projects in line with the priorities of the people of the Maldives,' he said. 'India will continue to support Maldives in developing its defence capabilities. Peace, stability and prosperity in the Indian Ocean region is our common goal,' he added. During Muizzu's visit to India last October, India announced financial support to the cash-strapped Maldives in the form of a $100-million treasury bills rollover and the countries signed a $400-million currency swap agreement. Tensions between India and the Maldives grew since Muizzu, who favored closer ties with China, was elected in 2023 after defeating India-friendly incumbent Ibrahim Mohamed Solih. Leading up to the election, Muizzu had promised to expel Indian soldiers deployed in the Maldives to help with humanitarian assistance. Last year New Delhi replaced dozens of its soldiers in the Maldives with civilian experts. Measure by Modi to promote tourism in India's Lakshadweep archipelago, off the southwestern coast of the Indian mainland, also sparked anger from Maldivians, who saw it as a move to lure Indian tourists away from their country. Indian celebrities then called for a tourism boycott to the Maldives. The dispute deepened when Muizzu visited China ahead of India in January last year, a move seen by New Delhi as a snub. On his return, Muizzu spelled out plans to rid his tiny nation of dependence on India for health facilities, medicines and import of staples. Relations started to improve after Muizzu attended Modi's swearing-in ceremony for a third five-year term. Muizzu has toned down his anti-Indian rhetoric, and official contacts with New Delhi have intensified as concerns grew about Maldives' economy. India has long been a critical provider of development assistance to the Maldives. Meanwhile, the Maldives joined China's Belt and Road Initiative in 2013 to build ports and highways and expand trade as well as China's influence across Asia, Africa, and Europe. Modi will attend the Maldives' 60th independence anniversary from being a British protectorate on Saturday. Separately, the Reserve Bank of India has 'won the battle against inflation' but the war is ongoing as price stability remains the central goal, Governor Sanjay Malhotra said during a fireside chat at a Financial Express event on Friday. The RBI delivered a larger-than-expected 50 basis point rate cut at its June policy review but shifted its stance to 'neutral,' suggesting limited room for further easing. However, with retail inflation falling to a six-year low and likely to hit a record low in July, calls have grown for at least one more rate cut this year. Many analysts argue the sharp disinflation also points to weakening demand in the economy. Malhotra said monetary policy being forward looking, will place greater focus on the outlook for growth and inflation, rather than current levels when the policy panel meets on Aug. 6. The change in stance to 'neutral' did not mean a reversal from the easing of policy, he said. 'We have the flexibility to move up, down or pause. Yes, it does mean, the bar for further easing is higher than it would have been if it (stance) was accommodative,' he added. Monetary policy transmission has quickened due to rate cuts and will help in supporting economic growth as overall flow of funds to the industry and economy is improving, Malhotra said. Further monetary policy measures would depend on the requirement but the central bank has enough ammunition in its armory to use as and when required, he added. Agencies
Khaleej Times
23-07-2025
- Khaleej Times
UAE emerges as top global safe-haven for wealth in new tax index
The UAE has emerged as the world's most attractive destination for wealth preservation, with Abu Dhabi and Dubai topping the newly released Tax Friendly Cities Index 2025 by global mobility platform Multipolitan. The report underscores the UAE's status as a global hub for high-net-worth individuals (HNWIs) seeking stability, fiscal efficiency, and long-term wealth protection amid growing global tax pressures. Multipolitan's 'Wealth Report 2025: The Taxed Generation' ranks 164 cities based on their statutory taxation frameworks, legal governance, and treaty networks. Abu Dhabi takes the top spot, followed closely by Dubai in second place, outperforming traditional financial centres such as Singapore (3rd), Zurich (6th), and Hong Kong (7th). The UAE's achievement underscores its role as a magnet for global capital and talent in an era when rising taxes, geopolitical uncertainty, and shifting regulatory landscapes are redefining global wealth strategies. Abu Dhabi leads due to its zero per cent income tax regime, relatively low property transfer fees, strong legal infrastructure, and consistent policy environment. Dubai's second-place ranking reflects its unparalleled international connectivity, broad treaty coverage, and a regulatory ecosystem that supports transparent wealth management and investor confidence. Speaking on the findings, Nirbhay Handa, CEO of Multipolitan, said, 'Wealth isn't just being built anymore — it's being defended. Geography has become the ultimate strategy. The UAE is at the forefront of this shift, offering not just low tax rates but something even more important — predictability, legal clarity, and institutional trust.' The Index arrives at a time when high-tax jurisdictions in Europe and North America are tightening regulations on wealth, inheritance, and capital flows. In contrast, cities like Abu Dhabi and Dubai offer a rare combination of low-tax environments, asset security, and regulatory foresight — a mix that increasingly appeals to globally mobile families and corporate leaders. The report also highlights the broader strength of the Gulf region in shaping the future of wealth mobility. Five additional GCC cities made the top 20 — Manama (4th), Doha (5th), Kuwait City (8th), Riyadh (12th), and Muscat (17th) — driven by tax incentives, economic diversification strategies, and growing financial sector sophistication. With seven of the top 20 tax-friendly cities located in the GCC, the region's reputation as a rising force in wealth preservation is now firmly established. In addition to taxation metrics, Multipolitan's report introduces two complementary indexes that provide a multidimensional lens on global resilience. In the Wealth Preservation Cities Index (2015–2025), Zug, Hong Kong, and Basel ranked highest for safeguarding purchasing power during a volatile decade. Abu Dhabi and Dubai placed 22nd and 24th, respectively, indicating growing maturity and increasing investor confidence in long-term capital security. Meanwhile, in the Smart & Sustainable Cities Index 2025, Wellington, Copenhagen, and Singapore topped the rankings. Abu Dhabi and Dubai, ranked 23rd and 25th, are quickly climbing the ladder as they invest in climate resilience and digital infrastructure — cornerstones of future wealth sustainability. According to Knight Frank's 2024 Wealth Report, Dubai recorded the highest global influx of ultra-rich individuals, with over 4,500 new HNWIs relocating to the city in the past year alone. This was driven by its appealing visa regimes, lifestyle offerings, and safe-haven status during geopolitical upheavals. Abu Dhabi, with its long-term investor residency schemes and rapidly expanding private banking sector, is also gaining traction among institutional wealth managers and multi-family offices. The Multipolitan report includes expert commentary from former leaders at EY, Deloitte, and BDO, as well as international tax lawyers and family office strategists. Collectively, these perspectives paint a picture of a new global order in wealth planning — one where jurisdictional agility, smart structures, and proactive compliance are becoming essential. Topics addressed range from how American expatriates are restructuring their holdings, to how AI is transforming global tax strategy, to Portugal and Malta's rising appeal as complementary wealth hubs. What sets Abu Dhabi and Dubai apart, experts note, is their ability to combine traditional financial stability with innovation and long-term governance vision. With no personal income tax, capital gains tax, inheritance tax, or wealth tax, the UAE continues to attract wealth creators seeking to shield their legacies from policy volatility. Moreover, the country's rapidly growing network of double tax treaties — now exceeding 140 — ensures international compliance and ease of asset mobility. As governments worldwide increase scrutiny on offshore structures and adopt transparency standards like the OECD's Common Reporting Standard (CRS), the UAE's strategy of aligning competitive taxation with robust regulatory practices has earned global credibility.
Zawya
23-07-2025
- Zawya
Algeria to build two green cement plants
Algeria has launched a project to build two new low-carbon green cement plants with a combined capacity of 3.5 million tonnes per year as part of a drive to expand eco-friendly industries in construction and other sectors. The North African OPEC producer is also expanding an existing cement plant in the Northern Djelfa city by around 1.5 million tonnes of green cement. The new projects will boost the gas-rich country's cement capacity to a record high of around 42 million tonnes per year. Algeria's press reported on Monday that the country's actual cement demand is around 30 million tonnes per year, allowing it to export a surplus of nearly 12 million tonnes. Algerian Minister of Industry Sifi Ghrieb announced on Monday the launching of the two new green cement projects in Djelfa and Relizane in Central Algeria. He said the two plants have an output capacity of around 1.5 million and two million tonnes per year respectively while another nearby cement plant would be expanded by a green cement production line with a capacity of 1.5 million tonnes. 'The Minister also announced plans to create a national green cement production council to promote such industries,' Elkhabar and other local newspapers said. Ghrieb did not mention details of these projects nor did he identify the contractor but in March he had discussed plans to expand Djelfa plant with a delegation from the China State Construction Engineering Corporation (CSCEC). Algeria, one of the world's largest gas exporters, is actively involved in the production and promotion of green cement, an eco-friendly alternative to traditional cement, with a focus on reducing carbon emissions and promoting sustainable construction. Companies like Lafarge Algeria are leading the way in this transition, developing reduced-CO2 cement and investing in projects that utilise industrial byproducts for cement production. A new green cement plant, a partnership between Algerian, Emirati, and Indian entities, is under construction in the Northern El Milia city, according to local reports. The plant will utilise slag and fly ash from a nearby power station and steel complex, and it will have a capacity of two million tonnes per year. (Writing by Nadim Kawach; Editing by Anoop Menon)
