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Bitcoin ETFs surge to record high with $1 billion inflows in a day
In a monumental surge, spot bitcoin Exchange-Traded Funds (ETFs) in the United States experienced unprecedented inflows exceeding $1 billion in a single day, marking another milestone in the burgeoning cryptocurrency market. The data,…
Nouran Living – Aldar’s eco-friendly oasis in Saadiyat
Aldar Properties, a prominent real estate developer, has unveiled its inaugural residential project, Nouran Living, located in the bustling Marina District of Saadiyat Island. The announcement, made on Wednesday, signals Aldar’s dedication…
Gold prices surge to record highs, caution urged
Gold prices have surged to record highs above $2,200 per ounce, sparking interest among investors. However, experts caution against chasing the market at its current levels, advising patience for potential corrections. Carley Garner,…
Weakened yen spurs exporter rally, Tokyo stocks edge downward
The Tokyo stock market concluded Tuesday’s trading session with a slight downturn, marked by a surge in buying activity among exporters. This surge, fueled by a weakened yen, managed to offset most of the losses experienced earlier in the…
U.S. investment fraud surges 38% to $4.57B, crypto scams lead
According to the latest FBI Internet Crime Report 2023, losses stemming from cryptocurrency investment scams in the United States skyrocketed to $3.94 billion in the past year, marking a significant 53% increase from $2.57 billion recorded…
Bitcoin’s rally marks a perpetual cycle of boom and bust
Bitcoin, the digital currency famed for its wild price swings, has once again surged to new heights, only to see a rapid descent shortly after. After languishing for a couple of years, Bitcoin surpassed its previous all-time high of nearly…
Central bank of Egypt unleashes bold monetary measures
The Central Bank of Egypt (CBE) has announced a significant shift in monetary policy, opting to let market dynamics dictate the value of the Egyptian pound (EGP). Simultaneously, the bank has raised interest rates by a substantial 6…
Sanad expands global reach with Deucalion Aviation collaboration
Sanad, a leading entity in aerospace engineering and leasing solutions under Abu Dhabi’s Mubadala Investment Company, has formed a groundbreaking partnership with Deucalion Aviation, a major force in aircraft asset management, financing,…
MENA Newswire boosts capabilities with major cloud tech
MENA Newswire, a leading content distribution network in the Middle East, Africa, and Asia, has leveraged edge computing technologies to enhance its service offerings. The company, known for its multilingual support in 20 languages,…
UAE’s Masdar invests £11B in UK offshore wind farm
Abu Dhabi Future Energy Company PJSC – Masdar, a prominent clean energy entity based in the UAE, has finalized its purchase of a 49 percent stake in the 3-gigawatt (GW) Dogger Bank South (DBS) project, marking one of the largest planned…