Trump's Family Is Rapidly Striking Business Deals in the Mideast
Saudi Arabia, the United Arab Emirates and Qatar, the three countries on the president's itinerary, stand out for their warm embrace of Trump Inc.
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Associated Press
34 minutes ago
- Associated Press
Raunak Enters the Gulf, With Plans to Rethink Healthcare and Insurance From the Ground Up
DUBAI, AE / ACCESS Newswire / July 21, 2025 / After several years of building a reputation in India's healthcare and insurance sectors, Raunak is setting its sights on the Gulf. The consulting firm, founded in Mumbai in 2020 by Raunak Jha, is officially expanding into the UAE and Saudi Arabia, with the official launch in Dubai in April 2025. Known for its pragmatic approach to resolving systemic challenges, Raunak has worked across India with hospitals, insurance firms, and government stakeholders to address persistent issues like policy fragmentation, siloed data systems, and outdated operational frameworks. Now, the firm plans to apply this experience in the Gulf, a region actively pursuing healthcare reform. 'There's a genuine willingness here, both in the UAE and Saudi Arabia, to rebuild systems in a smarter, more sustainable way,' said Raunak. 'What we're offering is a practical framework for how to do that, not just concepts.' As part of the expansion, Raunak is introducing Total Connect, a platform designed to unify insurers, healthcare providers, and employers within a connected digital ecosystem. Instead of each stakeholder operating in isolation, Total Connect creates shared visibility, improving how decisions are made on pricing, claims, coverage design, and care delivery. 'Most breakdowns in healthcare happen because no one has the full picture,' Raunak explained. 'Total Connect isn't replacing existing systems, it's helping them communicate. The goal is to ensure everyone, from the insurer to the clinic to the HR director, is working off the same data.' Beyond its software rollout, Raunak is also exploring the foundation of a new insurance venture, one grounded in real-world data, trust, and regional accessibility. While still in early stages, Raunak emphasizes this is part of a long-term vision to demonstrate what modern, people-first insurance could look like in the Gulf. 'We want to lead by example, by building products that reflect how insurance should serve people today,' said Raunak. 'That starts with trust and local partnerships.' The company is already engaged in pilot projects across Dubai, Abu Dhabi, and Riyadh, ranging from digital transformation and regulatory audits to ecosystem strategy and product co-design. With a leadership team split between India and the UAE, and expertise spanning actuarial science, public health, and health tech, Raunak is positioning itself as a high-impact player in the next era of Gulf healthcare. With transformation in its DNA, Raunak is building bridges between ambition and execution - and inviting like-minded partners across the Gulf to do the same. More about Raunak: Media Details: Company Name: Raunak Company Media Contact: Raunak Jha Email: [email protected] Company Website: SOURCE: Raunak press release
Bloomberg
41 minutes ago
- Bloomberg
Ukraine Risks Becoming to Trump What Afghanistan Was to Biden
On the face of it, the US involvement in Ukraine bears little similarity to the 20-year Afghanistan war, not least because there are no American boots on the ground in Europe. Yet there are similarities for President Donald Trump: resolving the conflict is proving no easy task, and he risks getting shackled with responsibility — and potentially blame — the longer it goes on.
Yahoo
an hour ago
- Yahoo
Oil edges lower as trade war concerns increase worries about fuel demand
By Anjana Anil (Reuters) -Oil prices edged down on Tuesday as concerns the brewing trade war between major crude consumers the U.S. and the European Union will curb fuel demand growth by lowering economic activity weighed on investor sentiment. Brent crude futures fell 24 cents, or 0.35%, to $68.97 a barrel by 0055 GMT after settling 0.1% lower on Monday. U.S. West Texas Intermediate crude was at $66.99 a barrel, down 21 cents, or 0.31%, following a 0.2% loss in the previous session. The August WTI contract expires on Tuesday and the more active September contract was down 23 cents, or 0.35%, to $65.72 a barrel. Still, the oil market has struggled to find any direction since the ceasefire on June 24 ending the conflict between Israel and Iran removed concerns about major supply disruptions in the key Middle East producing region. Since then, Brent has traded in a range of $5.19 and WTI in a range of $5.65 as supply concerns have been alleviated by major producers raising output and investors are increasingly worried about the global economy amid U.S. trade policy changes. However, a weaker U.S. dollar has provided some backing for crude as buyers using other currencies are paying relatively less. Prices have slipped "as trade war concerns offset the support by a softer (U.S. dollar)," IG market analyst Tony Sycamore wrote in a note. Sycamore also pointed to the possibility of an escalation in the trade dispute between the U.S. and the EU over tariffs. The EU is exploring a broader set of possible counter-measures against the United States as prospects for an acceptable trade agreement with Washington fade, according to EU diplomats. The U.S. has threatened to impose a 30% tariff on EU imports on August 1 if a deal is not reached. There are also signs rising supply has entered the market as the Organization of the Petroleum Exporting Countries and their allies unwind output cuts. Saudi Arabia's crude oil exports in May rose to their highest in three months, data from the Joint Organizations Data Initiative (JODI) showed on Monday. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
