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Bitcoin eyeing first two-day drop of 2023

  Bloomberg Bitcoin is flirting with its first back-to-back drop since the start of the year following a poor revenue outlook from technology bellwether Microsoft Corp. that dented wider investor sentiment. The largest token fell as much as 2.5% and was trading at about $22,650 as of 6:11 am in London on Wednesday after edging lower in US hours. A ...

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President appoints Abu Dhabi Executive Council members

  Abu Dhabi / WAM In his capacity as the Ruler of Abu Dhabi, President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a resolution to appoint members of the Abu Dhabi Executive Council. The resolution stipulates the appointment of Mohamed Ali Al Shorafa, member of the Abu Dhabi Executive Council, as the Chairman of the Department of ...

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Edge invests $14mn in UK firm High Lander

Abu Dhabi / WAM The UAE’s Edge group has announced a strategic investment in High Lander, the company behind Universal UTM, a drone-agnostic unmanned traffic management solution which provides the automation, coordination, and safety much needed in increasingly crowded skies. The $14 million investment creates a ground-breaking partnership and is already forging ongoing deals and high-value opportunities in both the ...

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