The United Arab Emirates plans to launch its digital currency, the digital dirham, in late 2025. This new blockchain-based currency aims to enhance financial stability and fight financial crimes, according to the Central Bank’s Governor, Khaled Mohamed Balama. The digital dirham will be accepted alongside the physical dirham across all payment systems, promoting innovative digital ...
Binance, a leading global cryptocurrency exchange, has received a groundbreaking $2 billion investment from MGX, an advanced technology investor based in Abu Dhabi. This marks the largest investment ever made in a crypto company and the first institutional backing for Binance. The funding aims to enhance the adoption of digital assets and strengthen blockchain’s role ...
Bybit, the second-largest cryptocurrency exchange globally, will take part in the Bitcoin MENA event in Abu Dhabi from December 9 to 10, 2024. This event will gather industry experts and enthusiasts to discuss the future of Bitcoin in the Middle East. Bybit’s CEO, Ben Zhou, will participate in a panel about improving Bitcoin access in ...
 "Australia’s Jess Jonassen rates India as the favorite for the Women’s T20 World Cup amid challenges in unfamiliar UAE conditions.")
Australia’s five-time Women’s T20 World Cup champion Jess Jonassen believes India is the top contender for the upcoming tournament in the UAE. With Indian players familiar with the spin-friendly conditions, Jonassen feels they have an edge. While Australia has a successful history, Jonassen admits they are less experienced in these specific conditions. She also sees ...
India and the United Arab Emirates (UAE) have strengthened their energy cooperation by signing four agreements during Prime Minister Narendra Modi’s meeting with Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan. Key agreements include a long-term LNG supply deal between Abu Dhabi National Oil Company (ADNOC) and Indian Oil Corporation, along ...
