Recent Posts

With another Fed rate hike looming, Bitcoin sinks to one-week low

  Bloomberg Bitcoin sank to a one-week low, buffeted by investor skittishness ahead of a looming Federal Reserve interest-rate hike and amid harsher regulatory scrutiny of the cryptocurrency sector. The largest token dropped as much as 5.9% on Tuesday and was trading at around $21,100 in London. The MVIS CryptoCompare Digital Assets 100 gauge shed more than 4%. Equity markets ...

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Al Dhaid Date Festival draws more than 30,000 visitors

  Dubai / WAM The 6th edition of Al Dhaid Date Festival came to a successful conclusion at Expo Al Dhaid, after four days of heritage activities and strong competitions among exhibitors. Organised by the Sharjah Chamber of Commerce and Industry (SCCI), the festival drew more than 30,000 visitors, who explored and learnt about the best and finest types of ...

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‘Borouge 4’ on track with early works underway

  Abu Dhabi / WAM Borouge – as the manager of the Borouge 4 project on behalf of the project owners, Adnoc and Borealis – has announced a new milestone in the construction of the Borouge 4 expansion in Ruwais, with the early works phase already underway and the Engineering, Procurement and Construction (EPC) contractors set to start construction this ...

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