Bitcoin briefly fell to the floor at $74,434 on April 7, just five days after Trump announced his reciprocal tariffs, sending shockwaves across global markets. Bitcoin reached its highest level…
Uber can delay paying taxes on any profits from its investment until the exchangeable matures, in addition to retaining some of the upside. Uber Technologies announced a $1.2 billion exchangeable…
Xiaomi is trying hard to catch up with its competitors’ advancements in semiconductor technology, including Apple, Samsung Electronics, and Huawei Technologies. Smartphone giant Xiaomi is one of China’s top three…
Last month, the company launched an app called “Make it with ADNOC”. It aims to increase local manufacturing and support the UAE’s industrial growth. The Abu Dhabi National Oil Company…
After the news was released, Coinbase shares kept declining, closing at 7.2%. Coinbase, the biggest publicly traded cryptocurrency exchange, estimated that a hack that compromised its customers’ account data would…
The deal is second on the list of companies that have raised above $1 billion in Hong Kong, as the city is waking up from sluggish IPO markets to show…
Saudi Aramco will sign MoU with US LNG producer NextDecade and utility company Sempra, as the oil company grows in the LNG industry. As President Donald Trump promises to unleash…
By 2030, the Gulf Cooperation Council (GCC) logistics sector will be worth over $100 billion, and its function will grow beyond just supporting economic growth. The Gulf is undergoing a…
As part of its D33 strategy, Dubai wants to double its economy to Dh32 trillion over the next ten years and place the emirate among the top three global cities.…
Mubadala’s total assets under management in 2024 came to Dh1.2 trillion ($326 billion), with annualised returns of 10.1% over five years. Mubadala Investment Company, the strategic investment arm of Abu…