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Bitcoin climbs, finding floor after worst selloff since 2015

Bloomberg Bitcoin rebounded along with most of the major cryptocurrencies, halting a four-day tumble that drew worldwide attention to the unregulated $500 billion market that’s frequently called a bubble. The double-digit bounceback was strongest with second-tier digital coins. Bitcoin cash soared 21 percent and litecoin gained 12 percent as cryptocurrency traders regained optimism. They weren’t put off by comments published ...

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Gulf markets slip, Egypt hits record high

Reuters Gulf stock markets slipped on Sunday as trading volumes were mostly low because of the absence of many foreign investors for Christmas holidays. Egypt rose to a record high but volume was very low there too. The Saudi index fell 0.4 percent as telecommunications firm Zain Saudi lost 2.0 percent and rival Mobily dropped 2.4 percent. Arabian Cement fell ...

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Dubai implements new air space restructuring project

Dubai / Emirates Business In an unprecedented milestone in the history of Aviation, the Emirate of Dubai witnessed the implementation of the new designed airspace that enhances its efficient utilization to cater to the growth and the expansion plans in the sector. Spearheaded by Dubai Air Navigation Services (dans), the air navigation services provider of Dubai and the Northern Emirates, ...

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