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Bitcoin retreats to August low amid bout of global market angst

Bloomberg Bitcoin extended losses on Tuesday, falling to the lowest level since August after a global selloff in riskier assets took the overall value of the cryptocurrency market back below $2 trillion. The largest digital coin falls as much as 7.6% to $40,237 before paring some of the decline. Second-biggest token Ether was trading below $3,000, while Cardano, Solana, Polkadot ...

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Arab Parliament rejects EU’s resolution on UAE human rights

CAIRO/Dubai / WAM The Arab Parliament has expressed its complete rejection of the resolution passed by the European Parliament (EP) criticising the UAE’s human rights record. In a meeting presided over by its Speaker Adel bin Abdulrahman Al Asoomi, the Arab Parliament stressed that the resolution included factually incorrect information with regards to human rights in the UAE. In its ...

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ADFD, Georgia keen to boost investment cooperation

ABU DHABI / WAM Mohammed Saif Al-Suwaidi, Director-General of the Abu Dhabi Fund for Development (ADFD), received at the fund’s headquarters a government delegation from Georgia headed by Natia Turnava, Minister of Economy and Sustainable Development, in the presence of Paata Kalandadze, Ambassador of Georgia to the UAE, and Rashid Al Kaabi, Director of Investments Department at ADFD. The two ...

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