DUBAI, UNITED ARAB EMIRATES – Media OutReach – 22 September 2023 – Bybit, the world’s third most visited crypto exchange, have released their second digital art drop as part of their partnership with Oracle Red Bull Racing. The limited-edition collection of 200 NFTs were sold via Dutch auction on Sept. 20, and sold out within one hour for a total of 74.5 ETH ($168,434). Velocity Series_PER KRISTIAN […]
DUBAI, UNITED ARAB EMIRATES – Media OutReach – 22 September 2023 – Bybit, the world’s third most visited crypto exchange, is proud to introduce an industry first for crypto exchanges: Perp Protect, an automated risk management tool. Perp Protect acquires options contracts automatically to hedge long and short positions offering easy downside protection. Perp Protect has been developed by Bybit and is not available on any of […]
Matein Khalid It was a mini Black Thursday for debt/equities last night but it was macro nirvana for me as four trade ideas I have rhapsodized ad nauseum in the past three months have now proved, “the mettle of their pasture”, to borrow from King Hal’s speech to his English archers on the eve of Agincourt. With Taiwan Semi and AMD down 25% from recent peaks and […]
By Steven Velegrinis Much of the ageing building stock that populates our cities’ skylines has either passed into disrepair or has dropped so much in value because it is no longer attractive compared to the newly launched set of buildings. The UAE reports several unfinished or delayed hotel, commercial and residential projects experiencing financial difficulties, regulatory issues, or changing market conditions adding to the ageing building conundrum. […]
Arabian Post Staff UAE’s state-owned renewable energy company Masdar will take final investment decisions later this year on the company’s first UK battery projects, CFO Niall Hannigan recently told S&P Global Commodity Insights in an interview. The UK is a strategic market for Masdar, with the company involved in fixed and floating offshore wind projects and targeting 1 GW plus of battery storage via Masdar Arlington. “In acquiring […]
The robot looks like a human and interacts with people The startup RDI Robots, a manufacturer specializing in autonomous service robots, has unveiled its latest creation: Ardi, a humanoid robot. This project spanned eight months in development. Noteworthy advancements in this new model include a novel servomotor type, an expanded capacity for regulating micro-expressions to convey emotions, the introduction of silicone skin for enhanced elasticity, along […]
Arabian Post Staff Attendees of the 4th Global Vertical Farming Show in Dubai had the opportunity to explore cutting-edge technologies, innovative farming methodologies, and the latest advancements in vertical farming solutions. The two-day event, which had participation from stakeholders in more than 30+ countries, hosted the top players from the entire vertical farming value chain, with key government officials, and industry experts turning it into a platform […]
IT spending in the Middle East and North Africa (MENA) region is forecast to accelerate in 2024, increasing 4% from 2023, according to the latest forecast by Gartner, Inc. MENA’s IT spending is projected to total $183.8 billion in 2024, up from $176.8 billion in 2023. In comparison, global IT spending is projected to total $5.1 trillion in 2024. MENA software spending is expected to record double-digit […]
In collaboration with the UAE’s Telecommunications and Digital Government Regulatory Authority (TDRA) and the ICT Fund, the second phase of Huawei Seeds for the Future 2023 and Tech4Good competition concluded at Waldorf Astoria Dubai International Financial Centre, Dubai, UAE recently. The regional event, which witnessed the participation of 175 students from elite universities across the Middle East and Central Asia, aims to develop local talent, share knowledge, […]
True Gamers, a worldwide network of eSports clubs, and Christopher Alesund, a world-renowned cybersportsman, organized an educational event for young individuals interested in gaming and cybersport in Dubai recently. The three-hour event included various activities such as an AIM competition in CS:GO, a big public game on joysticks where winners were determined, questions from the audience, and an autograph session with Christopher Alesund. True Gamers aims to […]
Islamic Coin has launched its Reg D Token Offering to the Public with OpenDeal Broker LLC, dba THE CAPITAL R (“ODB”) – a subsidiary of Republic. Islamic Coin (ISLM) token is a digital money that adheres to Shariah principles and emphasizes ethical values. This synergy encompasses support from Republic to showcase Islamic Coin’s market entry strategy. The collaboration also engages Republic Crypto – Republic’s crypto advisory services […]
The UAE raised $1.5 billion from a bond sale on Monday, marking the country’s return to international debt markets for the first time in more than a year. This move by the UAE’s government is not just significant for the Gulf nation, but is also piquing the interest of international investors globally. 45% of the investors were from the Middle East; 21% from the US; 14% from […]
Emirates and SriLankan Airlines have signed a reciprocal interline agreement to boost connectivity for passengers of both airlines. The partnership will enable access to new points on each other’s networks via Colombo and Dubai, utilising a single ticket and enjoying the convenience of baggage transfers. Tickets are now on sale for travel effective immediately as the interline partnership unlocks 15 regional destinations operated by SriLankan Airlines […]