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Dogecoin Rises After Twitter Rebranding, Bitcoin Slides to $29K

One analyst pointed out the $27,000 level could be a short-term target for bitcoin amid the lack of positive news. Dogecoin (DOGE) jumped as much...

Crypto Startups Raised $201.4M in Venture Funding Last Week, Led by Infrastructure

The largest fundraises for the week belonged to metaverse startup Futureverse and RISC Zero, which creates developer tools for zero-knowledge proofs. Venture capital and investment...

How Dubai is helping family businesses unlock their full potential

Family businesses in Dubai, which generate over 40 per cent of the emirate’s GDP, are set to get a further boost. As the emirate seeks...

Dubai: DIFC Courts sets new record with Dh15 billion in claims value in first half of 2023

The Dubai International Financial Centre (DIFC) Courts today released its figures for the first six months of 2023, reflecting a surge in the overall...

Seven AI companies agree to safeguards in the US

Seven leading companies in artificial intelligence have committed to managing risks posed by the tech, the White House has said. This will include testing the...

Binance Labs Pours $10 Million into Cross-Chain DeFi Lender, Radiant Capital

Crypto exchange Binance’s venture capital arm – Binance Labs – has invested $10 million in Radiant Capital, a marketplace for providing liquidity and borrowing...

Massive Crypto Adoption Ahead: Jesse Pollak of Coinbase Expects 8 Billion On-Chain

As many as 8 billion people will become crypto and blockchain users over the next decade, according to Coinbase protocols lead Jesse Pollak. Speaking with Decrypt during the EthCC...

Ripple Requests Crypto License in UK After SEC Partial Win

Blockchain-based digital payment network Ripple has applied for a crypto license in the UK and Ireland after its partial win against the US Securities and Exchange Commission. Sendi Young, Ripple's managing director...

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E-payments account for 79% of Saudi retail transactions in 2024: SAMA

RIYADH: Electronic payments made up 79 percent of all...

GCC banks poised to weather global trade turbulence: S&P report

RIYADH: Despite rising global trade tensions and heightened market...

Saudi asset management industry hits $266bn, poised for further growth: Fitch Ratings 

RIYADH: Saudi Arabia’s asset management industry grew by 20...

Mortgage securitization can offer Saudi banks funding boost: Fitch  

RIYADH: Saudi banks could unlock additional funding and expand...

Gold rates on April 17: Precious metal hits all-time high; here’s how much it costs in your city today

Bullion remains heavily supported by a broadly weaker dollar,...