Recent Posts

Coinbase declines as Goldman downgrades to sell after 75% rout

Bloomberg Goldman Sachs Group analysts downgraded Coinbase Global to a sell rating as the crypto winter continues to take its toll on the struggling digital currency exchange. Shares of the firm slumped 11% to $55.96, extending their decline this year to 78% as Bitcoin trades at less than half its value from six months ago. Goldman analyst William Nance cited ...

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Pandemic cost culture up to 40% in lost revenue: Unesco

ABU DHABI / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) and the Unesco on Monday launched the co-publication “Culture in Times of Covid-19: Resilience, Recovery and Revival”, giving a global overview of the impact of the pandemic on the culture sector since March 2020, and outlining directions for its revival. Examining the impact of ...

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UAE’s ‘national initiative’ to produce 80 tonnes of wheat

  Abu Dhabi / WAM “Emirates Wheat”, which was launched in 2017, is one of the leading initiatives in the agriculture sector and involves 170 farms, representing most of the national efforts to achieve food security by producing over 80 tonnes of wheat. The national initiative, headed by farmer Humaid Obaid Al Zaabi, aims to boost country’s wheat production, especially ...

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