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Emirates Development Bank [EDB] today announced that it has signed an agreement with Beehive, the UAE’s first Peer-to-Peer lending platform.

Local Bank and Peer-to-Peer Platform to Offer Financing for SMEs

Emirates Development Bank , a key financial enabler of the UAE’s economic diversification and industrial transformation agenda, today announced that it has signed an...
France Remains The Most Attractive Country In Europe For Foreign Investors

France Remains The Most Attractive Country in Europe for Foreign Investors

The 2021 EY Attractiveness Survey for France, published by EY, confirms France’s position as European leader for incoming foreign investment in 2020. France held its...
The Ministry of Economy (MoE) held an extensive media briefing on the system for combating money laundering and more.

UAE – A Forerunner in Development of AML Systems; Business Sector...

Ministry organizes media briefing on anti-money laundering & ultimate beneficial owner procedures. The Ministry of Economy (MoE) held an extensive media briefing on the system...
Over 40% of Those Engaged in Bitcoin Community are Millennials

Over 40% of Those Engaged in Bitcoin Community are Millennials

Millennials are driving more interest in bitcoin, with the digital asset increasingly holding the potential to disrupt traditional finance systems. The interest by this age...

The Rise and Fall and Rise and Fall of Bitcoin

Recently we proclaimed 2021 to be 'the year of the cryptocurrency'. It was four weeks ago (ages in crypto terms), and a whole raft...
Amazon Web Services (AWS) announced that it plans to open an infrastructure region in the UAE in the first half of 2022.

AWS To Open Data Centers In UAE

New cloud infrastructure region to launch in first half of 2022, allowing customers to run workloads and store data locally while serving end users...

GCC Investors Need to Look Wider for Growth Opportunities

Modest 2021 recovery forecasts for the GCC have increased the focus on diversification from the hydrocarbon sector, potentially opening up some less traditional growth...

Foreign Direct Investments into UAE Grow by 44.2 Percent in 2020

Foreign direct investment (FDI) into the United Arab Emirates (UAE) grew by 44.2 per cent in 2020 compared to 2019 and reached to a...
Bitcoin Trading

Musk Still Believes in Bitcoin – He Didn’t Sell Any

Elon Musk’s sudden u-turn regarding Bitcoin on Twitter - which sent prices plummeting by 30% - could be more of a PR stunt than...

Global Sell-off Should be a Reality Check for Investors

Concerns about inflation that are rattling global stock markets should be used as a reality check for investors, says the CEO of one of...
Late-stage funding dominated the global Venture Investments

Worldwide Venture Investments Soared by 94% in Q1 2021 to All-Time...

For the first time in history, global venture investments surpassed $100 billion in Q1 2021. According to the research data analyzed and published by Sijoitusrahastot,...

Visa, Airbnb Partner to Get Hosts Paid Faster with Visa Direct

Visa, the world’s leader in digital payments, and Airbnb, a leading online marketplace for lodging and experiences, today announced Airbnb Hosts in select markets...
corporate debts analysis by Aberdeen Standard Investments

Resilience of Corporate Debt in Emerging Markets Expected to Continue

The percentage of Emerging Market firms defaulting on corporate debts due to the impact of the pandemic is expected to be lower than in...

Market Cap of Top Five Online Travel Companies Jumped by $54B...

The Covid-19 pandemic has hit the travel industry hard, including online travel agencies, whose revenues and reservations dipped to the lowest point in years...
The Ethereum

Ethereum Expected to Break $5,000 and Hit Fresh All-time Highs

The Ethereum price is likely to hit $5,000 over the next seven days as the cryptocurrency reaches new all-time highs, predicts the CEO of...
Bitcoin Vs Apple trade volume

Bitcoin’s April Trading Volume 7x Higher than Apple’s

Data acquired and calculated by Finbold indicates that bitcoin's trading volume of $1.84 trillion in April 2021 is at least 7.4 times higher compared to...
Mr. Ryan Xu talking about Encrypted currencies

Encrypted Currency May Become the Next Digital Oil in UAE

Well Known Blockchain Investor Mr Ryan Xu said that in the first phase, they are going to move their crypto mining business in the...
Khurram Shroff and Earl Mai - Maple Fork, Ethereum GeneSys

New Mining Fork of Ethereum Completed to Incentivize The PoW Mining...

On April 15, 2021, Ethereum GeneSys successfully executed a mining fork of Ethereum.  This fork, which took place in Toronto, is an effort to...