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Financial Sanctions: Bitcoin Is A Big Gainer In The Russia-Ukraine War

By Arun Kumar Shrivastav As the Russian invasion of Ukraine rages on and a catastrophe looks near than ever, Twitter is where the latest news, analysis, and perspectives can be found. These are coming from the powerful and the most cerebral people of our time. It’s fascinating and engrossing to read the tweets, for example, […]

The post Financial Sanctions: Bitcoin Is A Big Gainer In The Russia-Ukraine War first appeared on IPA Newspack.

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Germany may rethink coal exit as Russia-Ukraine war peaks

Germany is considering a slower exit from coal-powered energy if Russia stops gas deliveries to Europe, economy minister Robert Habeck told public radio Deutschlandfunk. The words from Habeck clearly

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Stonehenge design inspired by Ancient Egypt, research suggests

LONDON: The design of Stonehenge, the famous prehistoric stone monument in the UK, could have been inspired by Ancient Egyptian practices, new research has suggested. For decades, academics have

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No new contracts with Russian producers, says aluminum company Norsk

RIYADH: Norwegian aluminum and renewable energy company Norsk Hydro has announced that it will not sign any new contracts with Russian entities. In a statement, the company said the decision has been

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Inside the year’s hottest movie, ‘The Batman’

DUBAI: There has never been a Batman film quite like “The Batman.” Something has always been missing. 1966’s “Batman” was too campy to take seriously. Tim Burton’s films relegated Batman to a

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Saudi Arabia supports de-escalation in Ukraine: Cabinet

RIYADH: Saudi Arabia supports de-escalation efforts in Ukraine, a statement by the Saudi Cabinet said Tuesday.

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DIFC launches AI, coding license in cooperation with UAE AI office

DUBAI: The Dubai International Financial Centre has announced the launch of a ground-breaking artificial intelligence and coding license in cooperation with the UAE Artificial Intelligence Office.

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Giorgio Armani and Saudi Rubaiyat establish a joint venture to sell

RIYADH: Italian luxury fashion house Giorgio Armani and Saudi Arabian retailer Al Rubaiyat Company for Industry and Trade Holding Ltd are to establish a joint venture to sell the former’s products,

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Large UAE banks to attain pre-pandemic level profitability in 12-18

DUBAI: The profits of large UAE banks will reach pre-pandemic levels in the next 12-18 months, according to a report published by Moody’s Investors Service. The analysis argues the ongoing recovery

Al-Shabab FC keep slim Saudi Pro League title hopes alive with

RIYADH: Al-Shabab FC got back to winning ways after overcoming hosts Al-Feiha 2-1 at Al-Majmaa Sports City Stadium on Sunday, in the conclusion of the 22nd round of the Saudi Pro League season. The

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Strikes target Houthi sites in Yemeni capital, Coalition says

Get the latest breaking news and headlines from the largest Arab News website. Get world news, sport news, business news, entertainment, lifestyle, video and photos.

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French president voices support for Egypt’s regional development and

LONDON: French President Emmanuel Macron said that his country remains committed to the continued enhancement of joint cooperation with Egypt in a number of fields, and to supporting Cairo’s efforts

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Prince William’s United for Wildlife signs cooperation deal with

LONDON: Britain’s Prince William, founder of United for Wildlife, was present for the signing of an agreement with Dubai Airports to prevent the illegal trade in wildlife, during his historic visit

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Saudi Arabia reports 2,866 new COVID-19 cases, 3 deaths

RIYADH: Saudi Arabia announced three deaths from COVID-19 and 2,866 new infections on Thursday. Of the new cases, 956 were recorded in Riyadh, 189 in Jeddah, 158 in Dammam, and 116 in Hofuf. Several

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UAE-based e-wallet Hubpay secures $20m in series A round

RIYADH: UAE-based digital wallet provider Hubpay has raised $20 million in a Series A round. The funding will be used to hire new employees, and for the company’s planned international expansion in

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Bulgaria’s Olympic gold medal-winning gymnasts catch the eye at Expo

When Cristiano Ronaldo showed up at Expo 2020 Dubai two weeks ago, there was, unsurprisingly, a frenzy to catch a glimpse of one of the greatest footballers of all time. Before that, superstars like

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ADIB’s interest revenue could hit $123m next year, says CFO

RIYADH: Abu Dhabi Islamic Bank, or ADIB, could make revenues from raising interest rates of 450 million dirhams ($123 million) in 2023, the bank’s chief financial officer told CNBC Arabiya. Every

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Saudi Arabia targets a 13.5m bpd capacity energy minister tells Time

RIYADH: Saudi Arabia is targeting an oil production capacity of around 13.5 million barrels per day by 2027 as demand for crude and consumption will continue to grow, the Time magazine reported

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Saudi Arabia reports 3,330 new COVID-19 cases, 2 deaths

RIYADH: Saudi Arabia announced two deaths from COVID-19 and 3,330 new infections on Tuesday. Of the new cases, 1,066 were recorded in Riyadh, 221 in Jeddah, 189 in Dammam, 111 in Abha, and 101 in

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Daesh’s ‘caliph’ is dead, but a new generation is wreaking mayhem

The killing of Daesh’s “caliph,” Abu Ibrahim Al-Quraishi, is a rare foreign policy achievement for US President Joe Biden. However, Quraishi was an unknowable ghost, even to thousands of Daesh

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Iraqi court suspends Zebari’s presidential bid -state news agency

Iraq’s federal court on Sunday temporarily halted Hoshyar Zebari’s bid to be elected president, the state news agency INA reported.

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Abu Dhabi approves regulations for implementation of new marriage,

DUBAI: Abu Dhabi has approved regulations for the implementation of the Civil Marriage and Divorce Law, which covers family matters for expats or foreigners, state news agency WAM reported. The

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Kuwait Airways resumes flights to Iraq’s Najaf

Kuwait Airways is resuming commercial flights to Iraq’s Najaf city starting from Saturday, Kuwaiti state news agency KUNA reported. The Gulf state’s flag carrier suspended its flights to Iraq last

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Saudi owners’ ‘lofty ambitions’ for Newcastle United depend on

NEWCASTLE: Eddie Howe has revealed Newcastle United’s Saudi-based owners have “huge ambitions” for the Magpies in the long term. But Howe understands, as do majority shareholders the Public

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