Brazilian exchange B3 to enhance crypto offerings with new derivatives
Brazil’s primary stock exchange, B3, is set to expand its cryptocurrency offerings by launching bitcoin (BTC) options and futures contracts for ether (ETH) and solana...
Tag : finance
AI technology will enhance human creativity, say industry leaders
MENA Newswire News Desk: Artificial intelligence (AI) is expected to transform industries globally by creating new job opportunities rather than eliminating them. According to the...
Apple’s revolutionary AI integration propels stock to new heights
Apple Inc. (AAPL) experienced a notable surge in its stock value on Tuesday, climbing 7% to achieve a record high for the year 2024. This...
Assets of Islamic banks in UAE surge by AED86 billion
The Central Bank of the UAE (CBUAE) has released its latest statistics, revealing a significant surge in the assets of Islamic banks within the country....
JPMorgan CEO Jamie Dimon denounces Bitcoin as fraudulent
JPMorgan CEO Jamie Dimon has once again unleashed his scathing critique of Bitcoin, branding the popular cryptocurrency as a "fraud" and likening it to a...
Market jitters – Bitcoin halving sparks investor unease
Bitcoin's trajectory resembles a turbulent rollercoaster ride as the looming prospect of the Bitcoin "halving" event casts a shadow over the market. Following Hong Kong's...
Islamic banking sector in UAE hits historic AED700 billion mark
Islamic banking in the United Arab Emirates has achieved a significant milestone, surpassing AED700 billion in assets by the end of 2023, marking a historic...
Bitcoin ETFs surge to record high with $1 billion inflows in a day
In a monumental surge, spot bitcoin Exchange-Traded Funds (ETFs) in the United States experienced unprecedented inflows exceeding $1 billion in a single day, marking another...
MENA witnesses $10.7 billion from 48 IPOs in 2023
The Middle East and North Africa (MENA) region experienced a remarkable surge in initial public offerings (IPOs) in 2023, with a total of 48 listings...
World Bank and IMF leaders to discuss global economic challenges at 2023 spring meetings
World Bank Group President David Malpass and IMF Managing Director Kristalina Georgieva will launch the 2023 Spring Meetings in Washington, D.C. with a discussion on...