BLOOMBERG The crypto rebound is losing steam, leaving Bitcoin on course for its worst month since the FTX exchange collapsed in November 2022. The roughly 8% drop in May is Bitcoin’s first monthly retreat of 2023. A gauge of the top 100 digital assets has dropped by a similar magnitude. The largest crypto coin bounced 84% from the turn of ...

DUBAI / WAM H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, accompanied by H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai, on Tuesday visited Thukhor Social Club, an initiative of the Higher Committee for Development and Citizens Affairs, located at Al ...

ABU DHABI / WAM Siegfried Nierhaus, Vice President Middle East, Deutsche Hospitality, affirmed that the UAE has positioned itself as a key player in the GCC hospitality and leisure sectors, quickly becoming a global hub for the tourism industry and hotel developments. “The UAE’s innovative forward-thinking and adaptability have resulted in a significant influx of international tourists due to its ...