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Cryptocurrency Ether witnesses meteoric rise since launch
NEW YORK, US – Bitcoin has captured the limelight in recent weeks as it surged to a new record high, yet another major cryptocurrency, Ether, has been enjoying its own meteoric rise. Launched in 2015, Ether, also known as Ethereum, is by far the second-largest digital currency in terms of total...
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Tadawul launches single-stock futures trading
Tadawul has posted more than 30 trades in single-stock futures on its launch as Aramco and Saudi Telecom Co. led the trading. -
Iran carries out second test launch of satellite carrier
Iran's defense ministry said Sunday it has carried out a second test launch of a satellite carrier, ahead of the expected restart of nuclear talks. In February last year, the ministry said it had test-launched a new satellite carrier, the Zoljanah, but without providing details on the result. -
Lebanese activists launch ‘lollar’ currency
Lebanese activists Friday rolled out mock banknotes featuring paintings of a gutted central bank or the Beirut port explosion to denounce high-level corruption that has helped to wreck the country. -
Turkey launches new ‘offensive’ against Kurdish rebels in Iraq
Turkey on Monday said it has launched a new air and ground offensive against outlawed Kurdish militants in northern Iraq involving special forces and combat drones. The defense ministry said the operation was meant to thwart a large-scale attack against Turkey by the PKK. -
Saudi Venture Capital and Flat6Labs launch $40m seed fund
Saudi Venture Capital and Flat6Labs have teamed up to launch a $40 million startup seed fund. -
Aramco to launch new projects
Aramco will start 140 new projects in the next three years. -
Iran launches military satellite into orbit for reconnaissance
Iran announced Tuesday it had successfully placed a military satellite in orbit, as talks on reviving a 2015 nuclear deal between Tehran and major powers reach a critical stage. Iran successfully put its first military satellite into orbit in April 2020, drawing a sharp rebuke from Washington. -
Dubai Airports launches ‘DAWN’ to empower women
Dubai Airports, the operator of Dubai International (DXB) and Dubai World Central (DWC), has announced the launch of the new Dubai Airports Women’s Network (DAWN). -
Bahrain government launches scheme to extend health services to citizens
Bahrain government has launched a health scheme, “Medic in Every Home”, aimed at extending health services and reaching out to people. The project aims to enhance Bahrain’s rating on the third and fourth Sustainable Development Goals (SDGs), increase the survival rate for the injured and reach out to the largest... -
IAEA unveils new plan to bolster cancer care
The International Atomic Energy Agency (IAEA) has launched a plan to tackle a chronic shortage of cancer care capacity in many poorer countries, with an initial focus on Africa. -
Malaria No More and CPC of Abu Dhabi to fight the disease
Malaria No More has announced the launch of a new global institute with the mission to combat malaria in the face of climate change and weather volatility. -
UAE sets up “Coders HQ” to boost coding communities
The UAE government has launched the Coders HQ, a new transformational project that re-defines local coding communities, in partnership with more than 40 companies in the UAE and worldwide. -
ADJA of Abu Dhabi launches “Child-Friendly Justice” drive
The Abu Dhabi Judicial Academy (ADJA) has launched its first training program under the "Child-Friendly Justice" initiative, seeking to bring about a change in the approach to criminal and civil court proceedings. -
World’s first ‘wooden’ satellite set for launch in 2023
A team of developers from Kyoto University and Sumitomo Forestry Co said satellite that uses wood is cheaper than the one using aluminum, the current mainstream material for satellites. -
Loubnany platform launches next month, will promote Lebanese economy
An online electronic platform named 'loubany', aimed at promoting Lebanon's economy and industry, will be launched in on 15 January 2022. Local media reports said loubnany will be launched under the patronage of Industry Minister Georges Poushkian, with the participation of the Association of Lebanese Industrialists, the Economic Affairs Directorate... -
SEDCO of Saudi Arabia to hike REIT fund by $187m
SEDCO Capital of Saudi Arabia has launched an additional offering of its real estate investment trust fund to increase asset value by SR702 million ($187 million). -
UAE and Uzbekistan to ‘prepare government leaders’
The UAE and Uzbekistan have joined hands to launch a four-month ''Uzbek Government Leadership Program'' to prepare a generation of government leaders based on the working model of the UAE government. -
Khalifa University sets up a business unit with AED100m
Khalifa University of Science and Technology has launched a business and investment arm of the university named Khalifa University Enterprises Company (KUEC), with an endowment of AED100 million. -
EFG Hermes of Egypt unveils new digital trading platform
EFG Hermes, the first universal bank in Egypt and the leading investment bank in Frontier Emerging Markets (FEM), has launched an advanced version of its flagship “EFG Hermes One” trading platform. -
Ten global firms launch the Alliance for Clean Air
The first global corporate effort to tackle air pollution was launched today, named the Alliance for Clean Air, bringing together leading businesses from around the world. -
Theft of data worries UAE and Saudi residents, says study
Ding launched the second Ding Global Prepaid Index (GPI)in the United Arab Emirates and Saudi Arabia. -
Abu Dhabi launches program to expand knowledge economy
In order to expand the emirate’s knowledge economy, a program designed by Yale University has been launched in Abu Dhabi under the patronage of Sheikh Khaled bin Mohamed bin Zayed Al Nahyan. -
Qatar and Rolls Royce set up a fund to invest in green projects
Qatar has tied up with Rolls Royce to set up a fund worth billions, investing in green engineering projects with a focus on an engineering hub in the UK. The project has the potential to create 10,000 jobs. -
PIF of Saudi Arabia to launch tourism on ‘THE RIG’
Public Investment Fund of Saudi Arabia has announced the launch of ‘THE RIG,’ a new tourism project on oil offshore platforms to be located in the Arabian Gulf. -
UAE spacecraft to explore asteroid belt beyond Mars
The United Arab Emirates will launch a spacecraft to explore a major asteroid belt between Mars and Jupiter, officials said Tuesday, after a UAE probe reached the red planet early this year. -
Abu Dhabi’s Yahsat to use SpaceX for its satellite launch
Yahsat, the Abu Dhabi’s satellite company, has picked up SpaceX to launch its next generation Thuraya communications satellite in the second half of 2023. -
Netix Global BV to curate conference on building automation in September
The launch-cum-conference will be live-streamed in 20 countries and see more than 1000 attendees from across the globe Netix’s Intelligent Integrated Command and Control Center allows partners to control up to 84% of building energy consumption Netix Global BV, a vendor-neutral iIBMS automation solutions provider, has said it will launch... -
Amazon Warehouse launches in the UAE, delivers up to 60% discounts
All Amazon Warehouse products are backed by a 15-day return policy Prime members in the UAE can get their Amazon Warehouse items on the same day Amazon.ae today announced the launch of Amazon Warehouse for customers in the UAE, offering great savings on thousands of quality pre-owned and open...