Bloomberg A drop in cryptocurrency-linked stocks in the wake of Bitcoin’s slide and Coinbase Global Inc’s choppy debut is stirring a rallying cry from optimists who reject fears that the sector has peaked. A global, Bloomberg-curated basket of equities linked to crypto trading or Bitcoin mining fall some 9% over the past week, paring 2021’s climb to about 130%. A ...

Abu Dhabi / WAM The Federal National Council (FNC) Parliamentary Division presented the country’s counter-terrorism and extremism initiatives and efforts at the virtual International Parliamentary Conference on the Global Challenges and Threats in the Context of the Covid-19 Pandemic: Terrorism and Violent Extremism, organised by the Parliamentary Assembly of the Mediterranean (PAM). During the event, Dherar Humaid Al Falasi, Vice ...

Sharjah / WAM The operating profits of Sharjah Islamic Bank (SIB) increased before provisions amounting to AED 212.2 million in Q1 2021, compared to AED 167.2 million for the same period last year, with an increase of 26.9 percent. According to the bank’s financial statement, net profit for the three months ended March 31, 2021 amounted to AED164.2 million, compared ...