Cryptocurrency exchange platform Binance Holdings has committed $500 million towards Elon Musk’s proposed takeover of Twitter Inc as part of its strategy to bring social media and news sites into the world of Web3
| Prince Alwaleed bin Talal and Binance join a number of individuals and firms - including Oracle founder Larry Ellison, the Qatar sovereign wealth fund, Sequoia, and Brookfield - who have backed Musk's $44 billion takeover of Twitter |
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King Salman bin Abdulaziz has established a commission for the development of the Taif and Al-Ahsa regions in Saudi Arabia
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The US Federal Reserve’s “aggressive rate hike” is in line with efforts to stop the economy from overheating and reduce inflation, currently at its highest levels in four decades, experts said
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The digital asset boom has seen the value of some NFTs soar, with collectors spending more than $37 billion in NFT marketplaces in 2022
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Oil has surged more than 40 percent in 2022, with the Russia-Ukraine war disrupting flows, lifting inflation, and causing central banks – including the US Federal Reserve – to start tightening monetary policy
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One of the projects will see AD Ports develop, operate, and manage a multi-purpose terminal in Safaga Port in a consortium with the Red Sea Ports Authority and the Egyptian Group for Multipurpose Terminals Company
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| Different to investment attraction that thrives in the face of fierce competition, in what is a winner takes all game, investment aftercare nurtures what is based locally and seeks to create additional value for the economy, the lead author of Dubai’s FDI guide said |
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One of the UAE’s national companies has etched its place among the top 25 defense companies in the world, while national defense products are helping diversify the nation’s economy, Sheikh Mohammed bin Rashid said
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Oil and gas giant Eni will invest $25 million to capture and store up to 30,000 tonnes of excess carbon dioxide from the atmosphere annually
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The clean energy capacity share of the world’s largest single-site solar park is currently around 11.4 percent of Dubai’s energy mix, and is expected to reach 14 percent by the end of 2022
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IT service provider Truly Secure and employee engagement platform Workfam have recognised the importance of partnering on employee solutions to increase the barrier of protection within the HR sector
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The benefits of crypto payments include no cheques, no loans, no fees, no taxes, lower cost, and you can afford a better house for your family, the CEO of Hayvn said
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| If you’ve never cried at your desk, you might think this is madness, possibly the worst thing you could do in the workplace, but in all honesty, crying could create more positives than negatives |
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The Arab world’s second-largest economy is blazing ahead, thanks to new business and demand that have helped insulate it from a sharp increase in global energy and commodity prices following Russia’s war in Ukraine
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While the UAE’s push to tackle financial crime focuses on regulation, it also provides an opportunity for banks to digitalise and improve their offerings such as adopting APIs that support compliance and protect them from threats and exposure
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| The emirate lit up with fireworks, decoration, light installations, live entertainment, delicious dishes and more during Eid al-Fitr |
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| In the latest episode of the Spencer Lodge Podcast, in partnership with Arabian Business, we discuss why food security is critical and AgTech is making a difference |
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| For editorial queries, please contact
| | Matthew Amlôt
Editor at Large, ArabianBusiness.com | | [email protected] |
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| | Saraswati Agarwal | | Commercial Director | | Direct: +971 4 444 3352 Mobile: +971 52 895 2214 | | [email protected] |
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| © 2022 ITP Digital Media Inc. All rights reserved. |
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