Bitcoin plummeted to a four-month low, breaching support levels due to anticipated token sales and selling pressure from leveraged traders. The world’s largest cryptocurrency dropped over…
Month: July 2024
Samsung Electronics estimated Friday a 15-fold rise in Q2 operating profit due to rebounding semiconductor prices from the AI boom. Samsung, the top memory chip, smartphone,…
The 13th edition of Paperworld Middle East will take place from 12-14 November at the Dubai World Trade Centre This year, the exhibition will focus on…
Jio Haptik, a trailblazer in Generative Artificial Intelligence (Gen AI) solutions, is revolutionizing the business landscape in the United Arab Emirates (UAE) and the Kingdom of…
Global stocks rose as the U.S. dollar fell on Wednesday, driven by soft labor market data and expectations of Fed rate cuts. According to recent U.S.…
Amazon founder Jeff Bezos plans to sell nearly $5 billion in shares following the stock’s record high, a filing revealed. After hours Tuesday, a notice revealed…
Yango, the international ride-hailing service, has partnered with Sparklo, a global cleantech company revolutionising the recycling industry. As part of this collaboration, Sparklo users in Dubai…
Two UAE teams will represent the country at the Grand Final of this competition, involving also university students from Saudi Arabia, Egypt and Morocco. The third…
Brazil’s National Data Protection Authority (ANPD) immediately suspended Meta’s new privacy policy for using personal data to train AI systems. Published in Brazil’s official gazette, ANPD’s…
British fintech Revolut achieved a record pretax profit of £438 million in 2023, driven by strong user growth and rising interest income. Revolut reported a record…