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DUBAI: Danish trading and investment specialist Saxo Bank is launching a new cryptocurrency product, allowing clients from the Middle East and North Africa to trade crypto coins against some major currencies. The Crypto FX will allow investors to trade Bitcoin, Ethereum, and Litecoin against euros, dollars, and yen from a single margin account, the bank said in a statement. The bank’s clients can trade and hedge both long and short exposure in the three major crypto currencies, it said, and they will be in the form of derivatives and not physical coins.

DUBAI: Qatar First Bank (QFB) has acquired an office building in Ohio, its seventh US real estate purchase. The bank said it acquired the first phase of the CoverMyMeds campus headquarters in

DUBAI: Streaming giant Netflix is set to launch a new documentary based on the life of Lebanese singer Myriam Fares. Entitled “Myriam Fares: The Journey,” the new 71-minute long documentary is

DUBAI: US singer Kelly Rowland recently appeared on “The Late Late Show” hosted by James Corden, where she performed her most recent single and for the occasion donned a look from the Middle East.

GAZA CITY, Dubai: Like thousands of others in Gaza, Umm Jihad Ghabayin fled home with her children from Israeli bombardment without taking any essentials — let alone a facemask against the raging

DUBAI: Dubai Police and Municipality officials were attempting to capture a “wild animal” on the loose since Tuesday morning. The creature, described by residents as a black big cat, has been

DUBAI: Amid the scenes of horror and human suffering unfolding in the Gaza Strip in recent days, one series of images stands out. Shortly after 3 p.m. local time on Saturday, a salvo of rockets fired
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By Saifur Rahman Dubai Government has so far spent around Dh25 billion (US$6.81 billion) in developing the world’s first greenfield 5G-ready futuristic mini-city, Expo 2020 on a five square kilometre site, a top official said. This is about Dh5.84 billion (US$1.59 billion) or 19 percent lower than the original budget of Dh30.84 billion (US$8.4 billion) estimated at the planning stage in 2013. At the heart of the […]

DUBAI: Harvey Nichols Kuwait announced this week that they will no longer be stocking Cult Gaia products after the Los Angeles-based brand’s founder, Jasmin Larian, made comments on Instagram that

DUBAI: President Joe Biden and Israeli Prime Minister Benjamin Netanyahu have spoken about the situation with Gaza. According to a statement from Netanyahu’s office, the Israeli leader updated Biden

DUBAI: “A gift to Morocco and the rest of the world,” is how New York-based photographer Jinane Ennasri describes her new photobook, “Live From Morocco.” The new photobook focuses on sharing the

DUBAI: The rising oil price could allow for a significant return of US shale to the market in 2022, potentially threatening the rebalancing of the global oil market, according to an analysis by the

DUBAI: The UAE’s northernmost emirate has revealed a 500 million dirhams ($136 million) tourism investment plan to tempt thrill seekers and lovers of the great outdoors. Ras Al Khaimah Tourism

DUBAI: New rules covering the transportation and storage of liquefied petroleum gas (LPG) have been introduced by Dubai. The new directive published on Saturday prohibits the distribution of LPG

DUBAI: Renowned US fantasy author Brent Weeks, US author Tayari Jones, Emirati writer Eman Alyousuf and Kuwaiti writer Taleb Alrefai are all set to participate at the upcoming Abu Dhabi International

DUBAI: This week, Moroccan-Egyptian-Dutch model Imaan Hammam teamed up with Amsterdam-based restaurant The Wild Room to give back to those who need it most by helping to prepare meals for the most

DUBAI: Private jet traffic at one Dubai airport more than quadrupled in the first quarter as the sector rebounds strongly amid reduced commercial airline capacity. The Mohammed bin Rashid Aerospace

DUBAI: Egypt’s gross domestic product (GDP) growth will begin to rebound from 2022 onward on its foreign reserve buffers and debt market access, ratings agency S&P Global said, as it affirmed the

DUBAI: Abu Dhabi National Hotels Company reported a more than doubling of net profit year over year in the first quarter as its financing costs fell. First-quarter net profit was 40.7 million dirhams

RIYADH: SHUAA Capital has sold its 20 percent equity stake in Mirfa International Power and Water Company (MIPCO), to Japan’s Sojitz Corporation (Sojitz). MIPCO was established in 2014 under the

DUBAI: Rare highlights from Middle Eastern history, including a 1791 engraving showing a panoramic view of Makkah, will feature in auction house Sotheby’s travel, atlases, maps and natural history

DUBAI: The price of crude oil is nudging $70 a barrel for only the second time in over a year as hopes grow of a resurgent global economy. Brent crude, the global benchmark, traded within a few

DUBAI: Saudi developer Dar Al Arkan is selling villas co-branded with Elie Saab, the Lebanese designer. The villas will be located in its upmarket Shams Ar Riyadh project, the developer said in a

DUBAI: We’re in the final stretch of Ramadan and if you’re running out of style ideas for all of the iftar and suhoor gatherings yet to come, not to mention the Eid Al-Fitr celebrations, let
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