FG Gold Limited has closed a US$330 million senior debt agreement with the Africa Finance Corporation and the African Export-Import Bank, unlocking financing for the development of the Baomahun Gold Project — set to become Sierra Leone’s first large-scale commercial gold mine. The facility was formalised during AFC’s investor forum in London, marking one of the most significant mining deals in the country’s history. The Baomahun project […]
Walmart will open its second South African store at Fourways Mall in Johannesburg on Friday, 28 November 2025, just days after launching its first outlet at Clearwater Mall in Roodepoort. The Fourways store is scheduled to open at 08:00, with a ribbon-cutting ceremony led by store manager Lunghani Lincoln Mathebula and the creation of 80 permanent jobs. The arrival of the Fourways outlet underscores Walmart’s drive to […]
OpenAI disclosed a data breach involving its analytics provider Mixpanel, confirming that a security lapse allowed unauthorised access to certain API user details but did not compromise ChatGPT message data or model-generated content. The company informed affected developers that the incident, traced to November 2025, exposed names, email addresses and limited account-related metadata, prompting a broader review of third-party integrations across its platform. OpenAI stated that the […]
Greenlogue/AP A consortium comprising ACWA Power, Badeel and Saudi Aramco Power Company has completed the financial close on seven large-scale renewable energy projects totalling 15 gigawatts. The agreements signed with Saudi Power Procurement Company cover five solar photovoltaic plants and two wind power farms to be built across several provinces, representing one of the largest investments under the Kingdom’s National Renewable Energy Programme. The portfolio of projects […]
ADES Holding Company has announced that its wholly owned subsidiary Shelf Drilling has secured a two-year contract with Brunei Shell Petroleum for the deployment of the Compact Driller standard jack-up rig offshore Brunei, with a contract value of roughly SAR 236 million. The rig is slated to begin operations in the fourth quarter of 2026 after undergoing contract-preparation procedures in Singapore; it is currently engaged under contract in India until May 2026.
The contract will see the jack-up rig employed for plug-and-abandonment operations in Bruneian waters, signalling an expansion of ADES’s footprint in Southeast Asia. The award represents the first contract secured under the newly finalised merger between ADES and Shelf Drilling, following acquisition of all outstanding shares of the UAE-based firm.
Completion of the acquisition marked a major expansion of ADES’s global reach, bringing its offshore fleet to 83 jack-up rigs, including 46 premium units, along with on- and offshore assets deployed across 19 countries. The company, headquartered in Al Khobar, emphasises its strong fleet capacity and geographic diversification as strategic advantages.
Stock market information for Bitcoin
Bitcoin is a crypto in the CRYPTO market.
The price is 91117.0 USD currently with a change of -180.00 USD from the previous close.
The intraday high is 91871.0 USD and the intraday low is 90476.0 USD.
Stock market information for Ethereum
Ethereum is a crypto in the CRYPTO market.
The price is 3017.08 USD currently with a change of -6.16 USD from the previous close.
The intraday high is 3042.57 USD and the intraday low is 2986.89 USD.
A substantial volume of cryptocurrency derivatives — exceeding $15.4 billion in notional value of Bitcoin and Ethereum options — are due to expire today, marking one of the largest monthly expiries of the year. This event may influence market dynamics as traders on major platforms close or roll over positions, potentially triggering volatility in spot prices.
Options from the leading derivatives exchange Deribit are included in today’s expiry, with roughly $13.4 billion in Bitcoin-denominated contracts and an additional $1.7 billion in Ethereum options scheduled to contract. The put/call ratio for BTC sits at approximately 0.58, signalling that calls outnumber puts — a structure often interpreted as mildly bullish when prevailing price levels are below key strike thresholds. For Ethereum, the put/call ratio is at 0.50, indicating an even balance between put and call positioning.
Max pain points — the strike prices at which the greatest number of options expire worthless — are calculated at about $100,000 for Bitcoin and near $3,400 for Ethereum. Both levels lie above the current trading prices, suggesting that many options might expire out-of-the-money unless the underlying assets rally.
Market observers note that this expiry arrives after a turbulent period of price slides. Bitcoin has shed more than 20 percent over the month, reflecting pressure from liquidity outflows, shrinking stable-coin pools, and forced deleveraging across derivatives platforms. Ethereum has struggled to regain momentum, and broader crypto sentiment has been cautious.
Some analysts say the large open-interest unwind could act as a cleansing event, reducing overhang and setting the stage for potential accumulation. Others caution that if a large number of holders close call positions without rolling them over, downward pressure on spot markets could deepen — particularly if liquidity remains muted around the expiry window.
Derivative-market data indicates that open interest has contracted sharply in the days leading up to expiry, signalling a wave of liquidations. That said, clustering of residual open interest at strike ranges between $80,000 and $100,000 for Bitcoin suggests that some investors are hedging or anticipating a rebound, possibly anchoring expectations for volatility post-expiry.
Colife, a property management firm operating in Dubai, is advertising that apartments under its portfolio are leased out in an average span of 12 days, claiming landlords using its services earn 20–25 per cent more income compared to traditional rental routes. The company markets this as a “no downtime, no extra fees” model, promising direct bookings, continuous tenant flow, and full-service property management — from marketing and […]
Abu Dhabi’s major energy players have agreed a US$1.9 billion transaction that hands over the power and water generation facilities of Emirates Global Aluminium at Al Taweelah to a joint venture between Abu Dhabi National Energy Company PJSC and DUBAL Holding LLC. The assets include a 3.1 gigawatt combined-cycle gas-fired plant and a desalination facility with 6.25 million imperial gallons per day capacity. Operational control will rest […]
South Korea’s largest cryptocurrency exchange saw roughly $36 million drained from its hot wallet linked to the Solana network in what officials describe as an “abnormal withdrawal”. The breach triggered an immediate freeze on deposits and withdrawals. The operator, Dunamu, moved remaining assets into cold storage and pledged to fully reimburse all affected users.
Authorities in Seoul identified the hacking group Lazarus Group — long associated with previous crypto thefts — as the prime suspect behind the intrusion. Investigators plan an on-site inspection of Upbit’s systems to determine how attackers bypassed security protocols.
The tokens siphoned off included SOL alongside several Solana-ecosystem assets. Observers noted that the attack bears striking resemblance to a prior Upbit breach in 2019 — when 342,000 ETH disappeared under circumstances later attributed to Lazarus and associated groups.
Security firms monitoring on-chain flows report that the speed and pattern of withdrawals mirror those from Lazarus-linked incidents. Analysts warn that the hack underscores persistent vulnerabilities when hot wallets — the always-online accounts exchanges use for frequent transactions — remain exposed to governance failures or credential compromises.
The timing of the incident coincided with a corporate milestone for Dunamu: the day saw the public announcement of a planned merger with technology firm Naver. Some security experts speculate that the attackers might have deliberately chosen the moment to maximise impact on market confidence and regulatory attention.
Upbit’s management emphasised that user assets held in cold storage remained untouched. The company began working immediately with token issuers and blockchain-analytics firms to freeze traceable stolen funds. Officials involved in the probe noted the laundering techniques — rapid mixing of tokens across multiple wallets and networks — reflect a refined modus operandi honed over several high-profile attacks.
US President Donald Trump announced that his administration will “permanently pause” migration from all so-called Third-World countries, declaring that current immigration flows have eroded national progress and vowing to revert admissions approved under his predecessor. The declaration came in a post on his social-media platform following a fatal shooting near the White House involving an Afghan national.
The measures outlined by Trump include revoking benefits for non-citizens, denaturalising certain migrants, and deporting those viewed as security risks or a burden to the state. He described the move as necessary to allow the US immigration system to “fully recover.” The policy lacks clarity on which countries fall under the Third-World classification and how the pause will be implemented.
This move marks the most sweeping immigration restriction since the start of his second term, which has already seen a broad tightening of refugee resettlement, expanded travel bans, and stricter visa controls. Since January, the administration has expanded vetting procedures and raised the administrative burden on legal immigration processes, affecting international students, skilled workers, and asylum seekers.
The freeze on migration follows a comprehensive review ordered by immigration authorities of all green cards issued to people from 19 countries flagged as “of concern.” That evaluation was initiated after the Washington shooting, with authorities signaling possible revocations. Government officials have described the overhaul as central to restoring order and safeguarding national security.
Critics warn the sweeping restrictions will hamper the United States’ ability to attract global talent and undercut its economic competitiveness. International students, skilled professionals, and refugees — all contributors to innovation and workforce growth — may now face steep hurdles, or clearance may be indefinitely delayed. Humanitarian organisations have expressed alarm over the impact on vulnerable populations seeking refuge and legal residency.
Multiply Media Group, a subsidiary of 2PointZero Group PJSC, has completed the full acquisition of London Lites, a prominent digital Out-of-Home operator in London, signalling a bold step in its UK expansion strategy. The acquisition, which transfers 100 per cent ownership to MMG, integrates more than 65 high-visibility digital screens across central London into the group’s portfolio under the Backlite UK brand. London Lites is recognised for […]
Bahrain-based alternative investment firm Investcorp has agreed to sell its majority stake in the European fintech firm Shine to cloud-software group Cegid, marking the end of an eight-year partnership. The deal will be executed via Investcorp Technology Partners and comes nearly a decade after Investcorp first backed the Danish fintech, then known as Ageras. Financial terms remain undisclosed, and the sale awaits customary regulatory clearances.
Shine, headquartered in Copenhagen, operates across multiple European markets including France, the DACH region, the Netherlands and Denmark. The platform provides a broad suite of services for small and medium-sized businesses — covering business formation, digital banking, invoicing, accounting, and payroll. Under Investcorp’s stewardship, it expanded its reach and grew recurring revenues more than ten-fold, while completing nine acquisitions in its core regions.
Cegid — majority-owned by private equity firm Silver Lake — aims to integrate Shine into its Small Business division, positioning the combined entity as a pan-European “financial copilot” for SMEs and accountants. The merged platform is being designed to offer a unified, cloud-native, AI-driven ecosystem combining e-invoicing, accounting, business banking, payments, payroll, HR and tax compliance. The target user base across Europe is estimated at over one million SMBs and 15,000 accounting professionals.
Reflecting on the sale, Investcorp’s Head of Technology Partners and Chairman of Shine, Gilbert Kamieniecky, said the firm is proud of having supported Shine’s evolution “from a start-up with only a few million in revenue into a European leader and unicorn.” Shine’s co-founders, Rico Andersen and Martin Hegelund, expressed optimism about the next phase under Cegid, emphasising their ambition to deliver more advanced, scalable financial infrastructure to businesses across Europe.
For Cegid, adding Shine strengthens its footprint across key European markets and significantly boosts its SMB customer base, offering opportunities to deploy embedded finance solutions and streamline compliance workflows ahead of evolving e-invoicing and digital reporting mandates across the continent. The integration of Shine’s scalable technology stack with Cegid’s existing cloud and AI infrastructure underscores a strategic bet on digital transformation in SME finance and accounting.
Arabian Post Staff -Dubai Alpha Dhabi Holding’s acquisition of an additional stake in NMDC Group has raised its total holding in the marine services and engineering firm to 76.68 per cent, consolidating its controlling position in one of the UAE’s largest dredging and EPC-contractors. The purchase involved 82.5 million shares — equivalent to 9.77 per cent of NMDC’s share capital — acquired from AD Ports Group at […]
Kenya’s total exports during the second quarter of 2025 rose by 1.7 per cent to reach KSh 280.0 billion, while imports grew more sharply, pushing up the overall merchandise trade deficit. That dynamic contributed to a wider current account shortfall and signalled that economic headwinds could complicate the country’s external balance even as growth picks up. Export strength this quarter was driven largely by gains in coffee, […]
Rapid strides in artificial intelligence are reshaping how organisations handle field service operations across sectors ranging from utilities to manufacturing and telecom, with predictive maintenance, intelligent scheduling, and real-time technician support becoming core features of modern systems. Companies deploying advanced AI tools report gains in technician efficiency and reductions in unplanned downtime, marking a shift from reactive maintenance to proactive service strategies. A key development driving this […]
Organisers DMCC and Bybit have selected five winning projects from their global Web3 Unleashed #3 hackathon, granting a total prize pool of US$140,000 to the top teams. The live finale took place at S/O Uptown Dubai where finalists pitched across six tracks — DeFi, Web3 Gaming, SocialFi, Infrastructure, Tokenisation, as well as two new areas, DeFAI and DeSci.
More than 90 teams applied from around the world and ten were chosen to present before a panel of industry experts and investors. Judges assessed the entries on technical execution, innovation, business potential and real-world impact. The five winners were Yumi Finance, Glint Analytics, Sorachain AI, Aurayale and Spout Finance.
Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC, said the Web3 Unleashed programme has evolved from a regional initiative into a global benchmark for Web3 innovation, and adding new tracks this year reflects organisers’ commitment to technological evolution and decentralised transformation.
Helen Liu, Co-CEO of Bybit, noted the growing technical depth and global calibre of hackers joining the competition. She underscored that despite volatility in crypto markets — with major tokens facing pullbacks — the exchange remains committed to backing builders working on utility-driven Web3 solutions.
Support for the hackathon came from partners including DWF Labs, Hacken, CV Labs, Blockchain for Good Alliance, Verse8, CROSS and Cointelegraph, which contributed mentorship, technical guidance and exposure to participating teams.
The hackathon’s broadened scope this year, especially with DeFAI and DeSci categories, highlights widening interest in merging blockchain with artificial intelligence and decentralised scientific research — areas gaining traction among developers worldwide. The winners’ projects are expected to benefit from access to mentors, potential backing from investors and integration into DMCC’s expanding Web3 ecosystem.
Stakeholders consider the outcome indicative of a maturing Web3 landscape in Dubai and beyond, where decentralised technologies are increasingly judged on real-world utility, technical robustness, and cross-sector applicability.
JPMorgan Chase & Co has upgraded its recommendation on China’s stock market to “overweight,” arguing that potential gains in the coming year now outweigh the risks of sharp losses. Strategists at the firm, including Rajiv Batra, explained that China’s market has already surrendered much of its outperformance this year, creating what they describe as an attractive entry point. They highlighted a combination of factors poised to support equities — widespread adoption of artificial intelligence, renewed consumption measures, and expectations of governance reforms. The performance setback appears to have reset valuations and left positioning relatively light, paving the way for what JPMorgan analysts see as potentially strong upside ahead.
The shift follows a quarter in which the MSCI China Index dropped around 6.2 percent even as broader regional indices in Asia-Pacific posted modest gains. JPMorgan noted that the Chinese equity market remains in the early stages of recovering from a downcycle that began in late 2020. With valuations now seen as acceptable and investor sentiment subdued, the bank anticipates room for rally once supportive catalysts take hold.
Analysts argue that companies tied to technology and AI stand to benefit most from upcoming tailwinds. Firms previously weighed under regulatory and macroeconomic uncertainty may now attract renewed investor interest, especially where corporate governance improvements and capital discipline have strengthened balance sheets. Entities with exposure to domestic consumption, industrial automation, electric vehicles, and energy storage are viewed as especially well positioned.
Some investors remain cautious, citing lingering macroeconomic headwinds, weak property prices, deflationary pressures and subdued consumer sentiment that have dampened retail participation in equity markets. But for long-term investors with a willingness to absorb volatility, JPMorgan’s call marks a turning point: the market’s immediate downside appears limited while its upside — if China’s growth impulses and structural reforms materialise — could be substantial.
JPMorgan also sees potential gains for Asian equities more broadly. With China, Hong Kong, South Korea and India judged as overweight, and Taiwan as neutral, the bank expects the MSCI Asia ex-Japan Index could rise roughly 15 percent from current levels if global liquidity remains supportive. Regional equities, they argue, may benefit from a reorientation of capital flows away from developed markets towards Asia’s current valuations.
At the same time, the bank’s optimism contrasts with more cautious forecasts from some rivals, which warn earnings uncertainty and high valuations could trigger consolidation rather than a sustained rally. That divergence underscores the highly bifurcated nature of the market: selective positioning may offer rewards, but indiscriminate exposure could remain risky.
Dan Houser, co-founder of a major video-game studio and now leading his own at Absurd Ventures, has offered a candid assessment of artificial intelligence’s current role in game development. While acknowledging that he is using AI as part of creative and technical workflows for his next project, he stressed that the tools available today fall short of many public claims — and cautioned against viewing them as […]
Dogecoin has attracted fresh attention as price action strengthens in tandem with the debut of its first U. S. spot ETFs, even though initial institutional demand appears muted. Trading volume surged and chart patterns suggest growing bullish conviction among some market participants.
The first U. S.-listed spot Dogecoin ETF, Grayscale GDOG ETF, began trading on the NYSE Arca with a zero-fee structure for early investors. Its opening-day volume totalled just $1.41 million—well below some analyst estimates—but the listing nevertheless marks a milestone, signalling growing institutional interest in meme-coins like Dogecoin. The ETF’s modest start prompted tempered expectations, yet it underscores a desire among asset managers to provide regulated exposure to DOGE beyond speculative retail trading.
Parallel to the ETF launch, DOGE’s price behaviour has drawn attention. The token has been defending a support zone around the $0.15 level. Technical indicators show a compression of exponential moving averages and the formation of a falling wedge on daily and 12-hour charts—structures often interpreted by analysts as consolidation preceding a potential breakout. Should DOGE clear the resistance zone near $0.154–$0.16 with convincing volume, traders believe a move toward $0.18–$0.20 could follow.
Some traders cite the emergence of “higher lows” in recent trading sessions as evidence that buying pressure is gradually building. That pattern reflects increasing confidence in the token’s support base, potentially signalling a shift away from prolonged downtrends that have weighed on many altcoins over recent months.
Still, scepticism persists among observers. The low launch volumes of both the Grayscale ETF and comparable products highlight caution among institutional players. Compared with high-visibility fund flows into leading cryptocurrencies such as Bitcoin, the uptake of DOGE appears subdued—underscoring doubts about the token’s long-term appeal beyond meme status.
Macroeconomic conditions and broader market sentiment remain uncertain. Elevated volatility in crypto markets, combined with macroeconomic headwinds, may continue to dampen aggressive accumulation strategies. For DOGE to sustain upward momentum, technical breakout must align with renewed investor conviction.
At present, DOGE’s trajectory appears to hinge on whether it can secure a decisive breakout above the $0.16 resistance zone backed by volume. A successful move could ignite a rally toward $0.18–$0.20 and possibly higher; failure to do so may leave the token vulnerable to further consolidation or declines.
Stock market information for Dogecoin
AI’s most celebrated breakthroughs have lived almost entirely behind glass. Models generate words, sketches and synthetic universes, but the physical world remains stubbornly uninterpreted and largely untouched by this computational flourish. As companies push toward systems that move, react and collaborate like autonomous agents, a quieter truth is settling in across California’s innovation core: intelligence can no longer remain suspended inside screens. The next era is about […]
A massive fire tore through the Wang Fuk Court housing estate in the Tai Po district of Hong Kong, killing at least 55 people and leaving around 279 unaccounted for, according to officials on Thursday. Flames ripped through seven high-rise residential blocks surrounded by bamboo scaffolding and green construction mesh, with one of the dead identified as a firefighter who had been battling the blaze. Over 60 […]
Collabora Office has rolled out a brand-new desktop office suite compatible with Windows, macOS and Linux, offering a unified user experience across both online and offline environments. The suite inherits the user interface of Collabora Online — known for its clean, tabbed layout and streamlined tools — while retaining the powerful document compatibility and core engine of LibreOffice. The earlier enterprise-grade LibreOffice-based package has been rebranded as […]
Stellar’s native token XLM jumped above $0.25 as U. S. Bank embarked on a pilot to issue a bank-grade stablecoin on the public Stellar blockchain. That move marks a notable shift for legacy finance, signalling growing institutional comfort with blockchain rails offering compliance, speed and programmability.
U. S. Bank, the fifth-largest commercial bank in the United States, is working in partnership with advisory firm PwC and the Stellar Development Foundation to test issuance of a custom stablecoin using the Stellar network. The pilot aims to evaluate whether a traditional bank can leverage a public blockchain for regulated payments by utilising Stellar’s ability to freeze assets and reverse transactions — features deemed essential for regulatory compliance and customer protection. According to a bank executive, those built-in safeguards helped make the network an attractive choice for a stablecoin pilot.
This institutional endorsement of Stellar coincides with the network’s ongoing development push. A major upgrade code-named Protocol X-Ray is slated for rollout in early 2026. The upgrade will support zero-knowledge applications, giving institutions optional privacy tools for confidential transfers while retaining blockchain auditability — a balance likely to appeal to regulated financial players concerned with compliance and confidentiality.
On-chain metrics suggest the network’s fundamentals are strengthening. Total value locked on Stellar’s smart-contract layer has climbed substantially this year, while transaction volume of stablecoins on the chain — including $AUDD, a prominent fiat-pegged token — has surpassed the $1 billion mark. Observers point out that this surge reflects genuine usage by businesses and institutions rather than speculative activity.
The market has reacted positively. XLM recorded a 2.6 percent uptick, rising from around $0.244 to $0.2505 over 24 hours, with trading volume surging about 45 percent above the daily average. That breakout cleared a key technical resistance near $0.246 and pushed the token past the psychologically significant $0.25 level, renewing optimism among investors who follow price action closely.
While the stablecoin pilot at U. S. Bank remains at an exploratory stage, the partnership underscores a broader shift in the financial sector toward embracing tokenised assets under regulatory guardrails. If the trial succeeds, other banks may follow, potentially driving further demand for blockchain platforms that combine compliance, efficiency and transparency.
Sunteck Realty Ltd of Mumbai has formally entered the United Arab Emirates market under a new international arm, Sunteck International, by unveiling a prime land parcel in Downtown Dubai for an ultra-luxury residential development valued at AED 5 billion. The 2.5-acre plot is located in the Burj Khalifa district, just steps away from The Dubai Mall, suggesting the project will cater to high-net-worth buyers seeking exclusivity and proximity to Dubai’s iconic landmarks.
The debut project will comprise two residential towers that combine standard luxury apartments with branded residences developed in collaboration with global hospitality names. The initial launch marks the first overseas venture for Sunteck, long known for high-end real estate in Mumbai, and lays the foundation for a larger pipeline targeting AED 15 billion over the next three years.
Sunteck’s chairman highlighted the strategic appeal of Dubai: a city combining strong infrastructure, international connectivity, favourable tax structures and a growing concentration of affluent residents—conditions that the company believes are ideal for luxury real estate. This view aligns with projections of continued inflows of global wealth into Dubai’s property market.
