business

Robinhood Proposes Significant Deduction of 60% on $170 Million Acquisition of an Exchange

Tam Shams – Friday, August 19, 2022 11:41 a.m. – Equity and cryptocurrency investment platform Robinhood is reported to have posted a 58% reduction on its $170 million offer to buy cryptocurrency exchange Zygloe due to adverse market conditions. Robinhood’s initial offer came in April, but according to various online reports around August 17, the …

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Oil prices do not face the risk of collapse.. for these reasons

The expert in oil affairs, Muhammad Al-Shatti, said that the fundamentals of the market are strong, and therefore oil prices do not face the risk of collapse, but rather are going through a phase of fluctuation, and the indicators coming from China or the United States are pressing them as a result of fears of …

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Urgent warning .. Apple for iPhone holders: “Immediately change this matter”

In two very important alerts, although they went unnoticed, Apple warned of vulnerabilities it discovered in some iPhone, iPad and Mac devices, calling on all its users to act as soon as possible. And the technology giant has published this alert since Wednesday evening, calling for downloading the iOS 15.6. The company also stressed the …

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Apple warns of a serious security vulnerability in iPhone, iPad and Mac phones

Apple has revealed serious security holes for iPhone, iPad and Mac devices that could potentially allow attackers to gain full control of these devices. Apple released two security reports on the issue on Wednesday, although they didn’t get much attention outside of tech publications. Social Proof Security CEO Rachel Tobak said Apple’s interpretation of the …

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Abu Dhabi Stock Exchange is the best performing in the region

The Arab Monetary Fund said that the Abu Dhabi Securities Exchange advanced the Arab stock exchanges in terms of performance during the past week. He stated that this progress came with an increase in its index by 3.6%, in addition to achieving the largest increase in the market value by 3.03% thanks to the increase …

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UAE “G42” launches a $10 billion fund to invest in technology

G42 Group, the UAE-based holding company specializing in artificial intelligence and cloud computing technology, announced the launch of an expansion investment fund to promote technological growth globally, worth $10 billion, in partnership with Abu Dhabi Fund for growth. The investment fund, which will be managed by a subsidiary of the “G42” group, focuses on accelerating …

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South African Reserve Bank Encourages Friendly Behavior With Cryptocurrencies

TAM SHAMS – Thursday, August 18, 2022 09:56pm – The South African Reserve Bank of South Africa’s prudential authority has sent guidelines to its affiliates in a bid to prevent illegal activities, and has encouraged banks not to cut all ties with cryptocurrencies. She noted that such work could cause greater risks in the long …

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Inflation blows interest around the world, lowering, raising, and stabilizing

The rise in consumer prices often calls for a decision to increase interest rates to curb inflation (Getty) Monetary policies are almost contradictory sometimes pursued central banks Around the world in the face price hike crisis It is expanding day by day, and some of them decide to increase the interest based on decisions US …

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Nigeria aims to attract millions of new eNaira users as it increases features and targets the unbanked

Tam Shams – Friday, August 19, 2022 02:41 am – Speaking at the 2022 eNaira Hackathon in Abuja, Central Bank of Nigeria Governor Godwin Emifiele said Thursday that eNaira, the digital currency of Nigeria’s central bank (CBDC), will enter the second phase of its expansion With new technology to enhance its user base. eNaira, Africa’s …

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