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Bitcoin set for worst week since FTX crash on regulation, rates

BLOOMBERG Bitcoin is having its worst week since November as an equity selloff, fear over higher interest rates and an escalating US regulatory crackdown on crypto combine to hurt  investor sentiment. The largest token fell as much 3.2% on Friday, breaking below $20,000 for the first time since January, after falling more than 8% on March 9. Smaller coins like ...

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Agthia affirms strategy to acquire, consolidate value accretive businesses

ABU DHABI / WAM Agthia Group has emphasised on its strategy to acquire and consolidate value accretive businesses while leveraging synergies and maintaining a profitable core. This came as the group announced results for the fiscal year ending on December 31 in a statement recently. According to the statement, the group’s gross profit increased 21% year-on-year to AED1.2 billion, with ...

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Sharjah, Japanese entity ink deal to boost trade ties

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has signed a memorandum of understanding (MoU) with the Japan External Trade Organisation (Jetro) in Dubai, marking a significant milestone in their efforts to strengthen trade relations and develop mutual cooperation. The MoU was signed in the presence of various high-level officials and dignitaries, including Abdullah Sultan Al Owais, ...

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