Nation allocated Dh200 billion to investments in clean energy projects locally until 2030
business3 days ago
Top cryptocurrency Bitcoin hit a nine-month high of $26,533 on Tuesday, in its fourth consecutive day of gains, as it appeared to benefit from chaos in global markets following last week's collapse of Silicon Valley Bank.
Bitcoin rose to $26,533 at around 1306GMT, up around 10 per cent on the day at its highest since June 2022. It gained 7.6 per cent on Sunday and 9.1 per cent on Monday.
The dollar was little changed overall after US consumer price data on Tuesday showed inflation still rising, but at a slower pace than the previous month, in a widely anticipated reading that may lead the Federal Reserve to slow or even pause hiking interest rates next week.
Cryptocurrency prices fell sharply in 2022 as rising rates prompted investors to ditch risky assets. A series of collapses at high-profile crypto firms, including major exchange FTX, left customers with large losses. — Reuters
Nation allocated Dh200 billion to investments in clean energy projects locally until 2030
business3 days ago
In the past, several ‘post box’ entities operated out of Mauritius only to secure the tax benefit in India
business3 days ago
77% wouldn’t engage with a brand using AI, for at least some services
business3 days ago
National Tourism Strategy 2031 aims to increase the contribution of the UAE tourism sector to the national GDP to Dh450 billion
business4 days ago
Customer deposits and Islamic customer deposits increased by 2.5% to reach Dh39.5 billion
business4 days ago
Annual rents in Dubai are usually paid in two, four or six instalments via post-dated cheques
business5 days ago
Saudi Arabia has begun to explore extracting lithium from sea water
business5 days ago
RPM reported net profit of Dh49.39 million during 2023
business5 days ago