Tag: The Financial

What is the Bitcoin Lightning Network?

The Bitcoin Lightning Network is a secondary layer on the Bitcoin network that allows fast and nearly free Bitcoin transactions. Launched in 2018, the...

Tabreed registers AED2.4 billion in 2023 revenues; up 9% YoY

Tabreed, the UAE’s leading international district cooling company, today released its consolidated financial results for the year 2023, reporting a revenue of AED 2.4...

Morning Bid: Tech-led U.S. ‘exceptionalism’ underlined

A look at the day ahead in U.S. and global markets from Mike DolanIf you needed an illustration of U.S. economic "exceptionalism", then simply...

SALAMA records full-year revenue of AED 1.11 billion; achieves 20% revenue growth in 2023

Islamic Arab Insurance Company, listed as (SALAMA) on DFM, announced its preliminary results for the 2023 fiscal year. The company recorded insurance revenue of...

US Inflation Tops Forecasts in Blow to Fed Rate-Cut Hopes

The Chamber of Commerce and Industry in Bursa, Turkey, has announced its plans to establish an industrial zone in Egypt. This was discussed during a...

Bitcoin euphoria is back as investors prepare for the quadrennial ‘halving’

Bitcoin rose to $50,000 Monday for the first time in two years, fueled by a rush of new-investor enthusiasm and growing anticipation over a...

Ministry of Commerce Announces Services for Foreign Companies Wishing to Open Regional Headquarters

The Ministry of Commerce has announced that it will provide online services for foreign companies wishing to open a regional headquarters after obtaining a...

UAE-India strategic partnership a model of sustainable development: Al Zeyoudi

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, praised the strategic partnership between the UAE and India, which constitutes a...

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ADX achieves 99% compliance rate in Q1 2026 financial statements disclosure by publicly listed companies

The Abu Dhabi Securities Exchange (ADX) Group announced that...

Sharjah Islamic Bank rights issue oversubscribed by 3.2 times

This successful capital raise further strengthens SIB’s capital base...

UAE: MoHESR reviews 1,976 advertisements, conducts 72 inspection visits in Q1 2026

The initiative aims to ensure the quality of higher...

Forget vibrant shades, Apple’s foldable iPhone Ultra to launch in few colours

Get ready for Apple's first foldable iPhone, the Ultra,...

ADPIC launches unified governance framework to accelerate infrastructure delivery across Abu Dhabi

The Abu Dhabi Projects and Infrastructure Centre (ADPIC) has...