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Crypto tokens plunge 20% in fresh sign of global market nerves

Bloomberg Bitcoin plunged along with other cryptocurrencies, in another indication of the risk aversion sweeping across financial markets. The largest digital token falls as low as $42,296 before paring some of the tumble. It was trading at about $48,300 as of 10:31 am in New York, a drop of about 10%. The token has now declined more than 20% from ...

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Abu Dhabi’s global summit sets a ‘build back better’ framework

Abu Dhabi / WAM The Global Volunteering Leadership Summit, hosted and organised by the Emirates Foundation in association with the International Association for Volunteer Effort (IAVE) and in collaboration with the Department of Community Development, discussed why volunteering matters for the post-Covid world. It also discussed the volunteers’ pivotal role in weaving a strong social fabric within communities. The Adnoc ...

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Mubadala signs two deals to raise investments in France

Abu Dhabi / WAM During the official state visit of the President of the French Republic Emmanuel Macron to the UAE, Abu Dhabi-based sovereign investor, Mubadala Investment Company (Mubadala), announced the signing of two agreements aimed at facilitating investments in sectors of mutual priority and interest in France. These two agreements are part of comprehensive economic agreements valued at more ...

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