Tag: Middle East
Iran currency falls to record low against dollar as tensions with US mount | News
As traders opened on Saturday, the exchange rate fell to 1,043,000 rials to the dollar.Iran’s rial currency has hit a record low against the US dollar [...]
Bitcoin Not a Safe Haven From Geopolitical Risks, but Still Buy the Dip: Standard Chartered
Risks stemming from the Middle East conflict are likely to push bitcoin below $60K before the weekend, the report said.
www.coindesk.com [...]
Animoca’s Timeline to Go Public Would Depend on The Market’s Status: Yat Siu
Singapore – Animoca Brands is hoping to go public soon, but the final decision on the timeline is dependent on a key component, the "market’s status, [...]
CBDCs Could Boost Middle East’s Financial Inclusion, Payment Efficiency But May Not Be Essential: IMF
"Specifically, in Middle East and North Africa oil exporters and the Gulf Cooperation Council countries, where financial markets are relatively more d [...]
Asian FX subdued after mixed US data; equities set for weekly gains
MOST Asian currencies were subdued on Friday as mixed U.S. data sol [...]
Digital Assets Platform, With Former Goldman Partner as Co-Founder, Aims to Disrupt Structured Product Market
"The firm designs both off-the-shelf and customized investment solutions to ensure it can accommodate a broad range of market views expressed by its c [...]
Bets on Big FX Devaluation (EGP USD) In Egypt Crushed as IMF Deal Nears
Investors are rushing to unwind their bets on a big depreciation of the Egyptian currency early this year as the country’s government is nearing a dea [...]
PGA-Saudi LIV Golf merger just the beginning for kingdom in pro sports
The controversial mega merger between the PGA Tour and Saudi Arabia's LIV Golf is just one step in the kingdom's ambitious tourism and investment stra [...]
Teams ax pro-LGBTQ armbands after FIFA threats
A detailed view of the 'ONE-LOVE' captains armband worn by Georginio Wijnaldum of Netherlands is seen during the UEFA Euro 2020 Championship in Budape [...]
Qatar to reportedly ban beer at World Cup in dramatic reversal
Alex Tai | SOPA Images | Getty ImagesDUBAI, United Arab Emirates — Qatar is banning all beer sales at and around its World Cup stadiums, in a dramatic [...]
What are the best business hotels in the Middle East: Dubai, Abu Dhabi
Preparing for a business trip to the Middle East? CNBC has made it easy to find the best hotel for the trip.CNBC Travel and the market data firm Stati [...]
Economy flights from Moscow to Dubai hitting $5,000 as Russians flee
The airline industry has been hamstrung by a perfect storm of challenges over recent weeks, from labor shortages and supply disruptions to rising fuel [...]
Saudi Arabia, GCC demand Netflix remove content that ‘violates Islamic values’
Jakub Porzycki | Nurphoto | Getty ImagesSaudi Arabia and five other Gulf Arab countries issued a joint statement demanding that Netflix remove content [...]
Usyk takes heavyweight victory over Anthony Joshua
Oleksandr Usyk celebrates with a flag of Ukraine after his heavyweight boxing victory over Britain's Anthony Joshua in Jeddah, Saudi Arabia.Francois N [...]
Turkey’s deal with UAE to build foreign exchange reserves
The Turkish central bank says it and the United Arab Emirates have agreed to a currency swap deal equivalent to $4.74 billion to boost Turkey’s deplet [...]