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AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

Crypto firm Blockchain.com set to operate in Dubai

Singapore has the highest number of crypto job listings at 159.14 crypto jobs per million people.
By TRENDS Desk
September 10, 2022 2:55 pm
  • According to the company, it has signed an agreement with Dubai's Virtual Assets Regulatory Authority (VARA) and will soon open an office in the region and hire staff
  • As economic competition heats up in the Gulf region, the UAE is developing virtual asset regulation to attract new forms of business

Blockchain.com, a London-based crypto firm, announced it had been granted provisional approval to operate in Dubai, making it the latest digital asset company to expand in the Gulf, Reuters reported.

According to the company, it has signed an agreement with Dubai’s Virtual Assets Regulatory Authority (VARA) and will soon open an office in the region and hire staff.

As economic competition heats up in the Gulf region, the UAE is developing virtual asset regulation to attract new forms of business.

VARA, the region’s virtual assets regulator, was established in March by Dubai, the region’s business hub.

Since then, the emirate has also granted virtual asset licenses to crypto giants Binance and FTX.

 

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