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Crypto

X Token Blasts Up 5,000% in 24 Hours as Elon Musk-Inspired Coins Go Viral But Crypto Whales are Accumulating This Lesser Known Crypto Instead

the financial - 3 August, 2023

Decentralized Exchange (DEX) markets have experienced a significant upheaval this week, largely driven by tech guru Elon Musk. After Elon's Twitter rebranding to 'X', a...

Technology

Apple faces $1 billion UK lawsuit by app developers over App Store fees

the financial - 3 August, 2023

More than 1,500 app developers in the United Kingdom brought a £785 million ($1 billion) class action lawsuit against Apple Tuesday over its App Store...

Economy

Saudi National Bank second quarter net profit up 9 pct, beating estimates

the financial - 3 August, 2023

Saudi National Bank (SNB) on Tuesday reported a 9.3 percent jump in net profit for the second quarter compared with the prior-year period, on...

Crypto

Crypto exchange Rain to target UAE asset managers after winning license

the financial - 3 August, 2023

Middle Eastern crypto exchange Rain said on Tuesday its Abu Dhabi unit obtained a license to operate a virtual assets brokerage and custody service...

Business

Saudi oil exports down 40 percent in May yoy: Stats agency

the financial - 3 August, 2023

Saudi oil exports fell almost 40 percent in May from the same period a year ago, latest government data released on Tuesday showed, weighing...

Economy

Dubai’s stock market DFM hits an eight-year high, lifted by a real estate boom

the financial - 3 August, 2023

Buoyed by a surge in real estate activity, the Dubai Financial Market has reached its highest point in nearly eight years and extended year-to-date...

Economy

UAE aims to grow economy 7pct, reach over $800 bln by 2030: Minister

the financial - 3 August, 2023

The United Arab Emirates is looking to accelerate economic growth in the coming years as it seeks to double its gross domestic product to...

Business

Saudi Arabia’s Rawabi Energy successfully concludes financing deal worth $1.91 bln

the financial - 3 August, 2023

Rawabi Energy and its subsidiaries announced on Sunday the successful conclusion of one of the largest private sector syndicated financing in the Kingdom of...

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