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Gold prices surge to record highs, caution urged
Gold prices have surged to record highs above $2,200 per ounce, sparking interest among investors. However, experts caution against chasing the market at its current levels,…
Weakened yen spurs exporter rally, Tokyo stocks edge downward
The Tokyo stock market concluded Tuesday’s trading session with a slight downturn, marked by a surge in buying activity among exporters. This surge, fueled by a weakened yen,…
U.S. investment fraud surges 38% to $4.57B, crypto scams lead
According to the latest FBI Internet Crime Report 2023, losses stemming from cryptocurrency investment scams in the United States skyrocketed to $3.94 billion in the past year,…
Bitcoin’s rally marks a perpetual cycle of boom and bust
Bitcoin, the digital currency famed for its wild price swings, has once again surged to new heights, only to see a rapid descent shortly after. After languishing for a couple of…
Central bank of Egypt unleashes bold monetary measures
The Central Bank of Egypt (CBE) has announced a significant shift in monetary policy, opting to let market dynamics dictate the value of the Egyptian pound (EGP). Simultaneously,…
Sanad expands global reach with Deucalion Aviation collaboration
Sanad, a leading entity in aerospace engineering and leasing solutions under Abu Dhabi’s Mubadala Investment Company, has formed a groundbreaking partnership with Deucalion…
MENA Newswire boosts capabilities with major cloud tech
MENA Newswire, a leading content distribution network in the Middle East, Africa, and Asia, has leveraged edge computing technologies to enhance its service offerings. The…
UAE’s Masdar invests £11B in UK offshore wind farm
Abu Dhabi Future Energy Company PJSC – Masdar, a prominent clean energy entity based in the UAE, has finalized its purchase of a 49 percent stake in the 3-gigawatt (GW) Dogger Bank…
Borouge opens offices in Kenya, South Korea
Leading petrochemical company, Borouge, known for its innovative polyolefin solutions, has announced the opening of new offices in Kenya and South Korea. This strategic move aims…
Goldman Sachs, Mubadala unite for $1B Asia Pacific investment
In a strategic move aimed at bolstering their presence in the burgeoning Asia Pacific market, Goldman Sachs and Mubadala Investment Company have inked a landmark $1 billion…