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Burjeel secures AED 225 mn contracts for UAE, Sudan and Chad healthcare facilities
PLUS: New crypto payment options and a credit rating review for Masdar
AD Ports teams up with CMA CGM on JV to develop Congo terminal
Moody’s affirms Aldar Properties’ credit rating
Crypto hedge funds fell short of BTC’s 120% rally in 2024
Crypto funds faced 20-30% drawdowns in spring and summer
Traders still see the Fed slashing rates at next meeting despite US inflation edging up
US inflation saw a slight increase in October to 2.6%
BTC is up 30% since Americans took to the polls
BTC surged to an unseen-before USD 87k record high, with investors eying a USD 100k checkpoint by late December.
Phoenix Group and Tether to launch AED-pegged stablecoin
The move comes as Tether looks to offer an alternative to the USD
ADGM publishes draft regulations for stablecoins + UAE mulling the acquisition of HSBC’s South African unit?
Plus: UAE airports see higher traffic in 1H
Dubai Court recognizes crypto salary payments as valid
The UAE’s legal system is adapting to the new financial landscape
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