Nexo and Mastercard launch First Crypto Backed Card
Crypto lender Nexo said it has teamed up with global payments company Mastercard to launch what it calls the world’s first “crypto-backed” payment card. It signals the latest move by crypto and incumbent financial networks to join forces as digital assets become more mainstream. Ne
GM Middle East Hits High Gear with 95% Reduction in Carbon Footprint
Through a series of green initiatives, GM Middle East is doubling down on decarbonization, saving 2,000 metric tons of carbon dioxide annually by 2024. By 2035, GM will have reduced CO₂ emissions by 24,000 metric tons in the UAE, equivalent to planting approximately 876,000 trees, also GM Middle E
Twitter’s Top Shareholder Elon Musk decides not to join Board
Twitter Inc’s biggest shareholder, Elon Musk, has decided not to join its board, Chief Executive Parag Agrawal said late on Sunday. Musk, who calls himself a free-speech absolutist and has been critical of Twitter, disclosed a 9.1% stake on April 4 and said he plans to bring about significant
3-year old wins BD 100 K Thimaar Quarterly Grand Prize
Ithmaar Bank, a Bahrain-based Islamic retail bank, presented the BD100,000 quarterly Thimaar grand prize for March to a three-year old Bahraini child, Husain Ali Mohamed.
Gulf States Push Yemen Peace Talks With US $ 3B Pledge
Gulf states pledged $3 billion to Yemen after the country’s president handed over powers to a transitional council, the latest effort by Saudi Arabia and its allies to disentangle themselves from a conflict that has hit their vital oil facilities. Saudi Arabia and the United Arab Emirates will eac
GM and Honda to Build Millions of Small Electric Vehicles under US $ 30 K
The two companies announced on Tuesday that they will team up on electric car development with the goal of selling millions of low-cost electric vehicles. All of the vehicles will rely on a shared battery architecture, but they will be continue to be branded distinctly as either GM or Honda cars. Th
Russia turns to Chinese Microchips for Domestic Bank Cards
Russia is turning to microchip manufactures in China to evade western sanctions which have boosted demand for bank cards linked to the Mir payment system. Western sanctions imposed on Russia over its invasion of Ukraine have cut Moscow off the global financial system and from nearly half of its $640
CMA CGM تدعم ترشيح مرسيليا كعاصمة للبحر لعام 2024
رودولف سعادة: تتمتع المدينة بكل المقومات وعوامل الجذب لاختيارها إنطلاقاً من ارتباطه الوثيق والتاريخي بمدينة مرسيليا، قرّر رودولف سعادة رئيس مجموعة CMA CGM دعم ترشيح ا
YANGZIJIANG تفوز بعقد لبناء 12 سفينة وناقلة بـ 1,08 مليار دولار
ذكرت مجلة BUSINESS TIMES السنغابورية ان احواض بناء السفن الصينية YANGZIJIANG SHIPBUILDING فازت بعقد لبناء 12 سفينة وناقلة تبلغ كلفتها الاجمالية 1,08 مليار دولار، كما اضافت ان هذه الاحوا
