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Bitcoin and Ethereum rise; Crypto industry anxiety; BitOasis lay off staff
Bitcoin, the leading cryptocurrency internationally, traded higher on Thursday, rising by 9.84 percent to $19,846.39.
Ethereum, the second most traded cryptocurrency, was priced at $1064.60 rising by 13.15 percent, according to data from…
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Cryptocurrencies plummet: Bitcoin falls below $19,000, Ether sinks past $1,000
Cryptocurrencies plummeted in the market with Bitcoin falling below $19,000 and Ether dropping past $1,000, as fears of a broad economic recession are looming over business verticals.
Bitcoin, the world’s leading cryptocurrency fell 9.57…
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Egypt Wrap — Italy agrees $20m silo deal; Mitsubishi and ARNPC sign hydrogen agreement
Egypt and Italy are joining forces to build six field silos under the Italian-Egyptian Debt for Development Swap Program.
Each silo — four of which will be in El-Sharqia, one in El-Minya, and one in El-Menoufia — will have the capacity…
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Elon Musk sued for $258bn over Dogecoin support
An investor in Dogecoin, originally created as a joke but whose value increased and fell as it was promoted by Elon Musk, filed a $258 billion lawsuit Thursday against the billionaire and his companies Tesla and SpaceX.
Keith Johnson,…
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Saudi flyadeal launches its first flight to Jordan as it seeks expansion
Saudi low-cost airline flyadeal has launched its first flight to Queen Alia International Airport in Amman, Jordan, as it seeks to expand its destination networks.
Jeddah-based flyadeal will operate daily direct flights between Amman and…
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Gold ticks lower; Soybeans rise after four-day slide; Copper gains
Gold prices inched lower on Thursday as the dollar recovered slightly after a large but widely expected interest rate hike by the US central bank sent the currency tumbling in the previous session.
Spot gold fell 0.1 percent to $1,831.63…
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Saitama governor seeks e-commerce ties with Oman and other countries
During a courtesy call by Oman Ambassador to Japan Dr. Mohamed Al-Busaidi, Governor Ono, a well-known Arabist in Japan said: “Many people from the Gulf countries have come to Saitama Prefecture to study Japanese. It is important for…
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Economist: All indications point to the world’s growing dependence on the Russian economy
An American media report stated that Russia is capable of causing a major electricity crisis in the United States with one decision.
According to the report published by "The Hill" by Matt Bowen and Paul Dabar, of the Center for Global…
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Saudi dairy giant Almarai plans to enter seafood category with $67m investment
Saudi-based dairy giant Almarai is looking to inject SR252 million ($67 million) as an initial investment to fund its entry into the seafood category.
The investment will be used to fund Almarai’s seafood processing facility, according…
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Iranian currency falls to its lowest level ever
On Sunday, the value of the Iranian currency fell to its lowest level ever, as talks to revive the nuclear deal reached a dead end.
Today, traders in Tehran are trading one dollar for 332,000 riyals, up from 327,500 on Saturday, according…
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