A Dubai-based real estate developer, DAMAC Properties, has completed cryptocurrency deals worth SAR1.8 billion since the beginning of the year, according to its Chief Operating Officer, Ali Sajwani.
Cypher Capital’s support, according to Iomob CEO Boyd Cohen, helps fuel the development of new, decentralized, interoperable global mobility networks, which will be the cornerstone of the company’s new ‘internet of mobility’ philosophy, which is beginning to reshape how the company views global transportation.
Dubai’s Virtual Assets Regulatory Authority has provisionally approved Crypto.com’s Virtual Asset MVP License, allowing the company to offer a full range of crypto exchange products and services, according to a statement.
RIYADH: Oil settled higher on Friday, supported by expectations that OPEC’s decision to increase production targets by slightly more than planned will not add that much to global supply, which should tighten as China eases COVID restrictions.
Russian Foreign Minister Sergei Lavrov on Saturday said Western sanctions would have no effect on the country’s oil exports, and predicted a big jump in profits from energy shipments this year, Tass news agency reported.
Iraq’s oil production will hit 4.58 million bpd as of July Iraq’s oil output will reach 4.58 million barrels per day as of July following an OPEC+ decision to increase production, an Iraqi Oil Ministry spokesperson said on Friday, according to the state news agency.
“In 2016, the crown prince came up with Vision 2030 and set up the rules and guidelines for our economy to be more ambitious, effective, and diverse.
The main index, TASI, opened 0.18 percent higher at 12,627, while the parallel market, Nomu, started 0.08 higher at 22,861 as of 10:07 a.m.
RIYADH: New York is on track to advance with 22 green projects, in line with the state’s climate ambitions.
· New York has unveiled a total of 22 renewable energy projects in line with the state’s target to achieve net-zero by 2040, Bloomberg reported, citing Gov.
· EU countries are set to utilize the money coming from the EU recovery fund to bolster liquified natural gas capacity, Reuters reported, citing EU Commissioner Paolo Gentiloni.
· Qatar has exported less than 35 million tons of liquified natural gas in the period between January and May of 2022, down from 36 million tons in the corresponding period a year ago, Bloomberg reported, citing ship-tracking data compiled by Bloomberg.