Cryptocurrency

GCC govts moving toward technological development

JEDDAH — Governments across the world are increasingly leveraging technology in their policy decision-making to support diversification, sustainability, and the…

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Nasser Al Nasser assigned as CEO of STC for six months

Saudi King Salman has issued a royal decree appointing Dr. Khalid Al-Bayari as Assistant to the Minister of Defense for…

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Bahrain’s GFH hopes to develop Saudi business, new chairman says

Bahrain-based investment firm GFH Financial hopes in future to develop business in Saudi Arabia, the company’s new chairman told Al…

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Gulf region’s burgeoning automation sector creates new industry platform

DUBAI — The Gulf Cooperation Council (GCC) is ushering a new manufacturing era based on a modern industrial society, as…

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Founder of Dubai private equity firm Abraaj hands over control of fund

Arif Naqvi, the founder of Dubai-based emerging markets private equity fund, Abraaj Group, has handed the running of the fund…

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Bitcoin nearly doubles in value from year’s low hit in early February

Bitcoin hit a three-week high and has surged nearly 100 percent from its lowest level this year, as its recovery…

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Malaysian firm adds Islamic certification to cryptocurrency

Malaysia-based firm HelloGold has received a sharia-compliant certification for its gold-backed cryptocurrency and plans to launch its online gold platform…

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Police on the hunt for bitcoin users in Bangladesh

Officials of the central bank have warned all other commercial banks in the country to be wary of bitcoin users.…

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Social media catalyst for promoting tourism

JEDDAH — Participants at the Travel and Tourism Pioneer Forum have agreed that social media can contribute greatly in introducing…

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Gulfood 2018 kicks off amid surging demand

DUBAI —Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance, on Sunday opened Gulfood…

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