Top officials at the event in Dubai.
Inayat-ur-Rahman, Business EditorThe UAE all set to see rapid growth in cryptocurrency activities as the country known to be at forefront of innovation and emerging technologies will witness more global players to set up their operations in cryptocurrency and its related activities giving investors wider choice to choose the exchanges. Currently, the digital economy contributes about 4.3 per cent of the GDP in the UAE, which is equivalent to Dhs100 billion ($27 billion), according to the latest statistics for Digital Economy.
Bitcoin recently exceeded the $23,000 mark – an all-time high – which has set the global investment community buzzing. Ethereum, the world’s second largest cryptocurrency by market capitalization,
Somewhere I have read a line that “if you are loyal to your struggle, you are bound to achieve the goal.” The same thing I have felt about His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister
According to Dubai Chamber’s latest forecast E-commerce sales in Dubai are forecasted to jump 23 per cent to reach $27 billion in 2022, driven by the COVID-led digital shift and changing consumer demands, which are levelling the playing field.
Italy’s prime minister held talks in Libya on Saturday with officials from the country’s west-based government focusing on energy and migration, top issues for Italy and the European Union.
New Zealand will host its first-ever country pavilion at this year’s Arab Health as regional interest in its world-class wellness and health tech innovations continues to grow.
Arab Bank Group achieved solid results for the period ending December 31, 2022, with net income after tax of $544.3 million as compared to $314.5 million in 2021.