Author: dailyguardian.ae

Despite the global market’s fluctuating nature, revenue in the UAE’s crypto sector is expected to grow by 7.89 per cent annually to reach $395.8 million by 2028, up from $292.1 million this year, a study showed on Wednesday. With a 10 per cent rate in the Middle East, crypto adoption is low but recent data indicates this trend won’t persist; according to Bitget Research , the average daily number of crypto traders in the region exceeded 500,000 in February, reflecting a 51 per cent YoY (Year-over-Year) growth from 2023. During this period, the UAE has elevated regional growth by leading…

Lionsgate has confirmed that director Ariel Vromen’s crime thriller 1992, produced by Snoop Dogg’s Death Row Pictures and starring Tyrese Gibson, will hit theatres on August 30, marking a return to the tumultuous early 1990s in Los Angeles. The film also features Scott Eastwood and showcases one of Ray Liotta’s final on-screen performances, confirmed The Hollywood Reporter. Set against the backdrop of the 1992 Los Angeles riots sparked by the Rodney King verdict, 1992 follows Gibson’s character, Mercer, as he navigates personal redemption and family reconciliation amid the city’s upheaval. Gibson’s character finds himself entangled with a father-son duo, played…

MENA Market Entry: CoinDCX’s entry into the MENA market represents the first step in its international expansion plan, reflecting the company’s global ambition and unlocking new growth opportunities Regulatory Milestones: BitOasis has recently secured a new licence from the Central Bank of Bahrain (CBB), further solidifying its presence in the region. BitOasis may operate as a broker-dealer in accordance with the permissions granted to it under its VARA issued MVP Operational Licence. Enhanced User Experience: Users can expect enhanced crypto services, access to more tokens, increased liquidity, and improved trading experience. Dubai, July 3.2024 – CoinDCX, the largest crypto exchange…

The Samsung Galaxy S25 series is still at least half a year away, with the phones anticipated to launch sometime early next year, likely sometime between January and February based on precedent. However, a recent exclusive from Android Headlines suggests there may be a radical change in the pipeline for the S25 series — it may not come with a Galaxy S25 Plus model, leaving just a regular S25 and S25 Ultra as part of the lineup. The rumor is based on Android Headline’s examinations of the IMEI database. The Galaxy S25 is available with model number SMS931B/DS, the S25…

President Sheikh Mohamed has sent a cable of condolences to India’s Prime Minister Narendra Modi over the tragic stampede during a religious celebration in which more than 120 people were killed. He wished a speedy recovery to all those injured. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, and Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, too, sent two similar cables of condolences to PM Modi offering their condolences for the…

Playing the currencies of the world’s two most populous nations against each other has been a popular choice for carry traders and will hold its appeal until at least the results of the U.S. elections later this year, traders and currency analysts said. The Indian rupee’s higher yield differential than the Chinese yuan — by 5.5 percentage points on 1-year rates — the divergent outlooks of the currencies and their low volatility have made using the yuan to fund long bets on the rupee among the most attractive carry trades in Asia. While there is no measure or data point…

Germany’s Lufthansa won EU anti-trust approval to buy 41 per cent of Italy’s ITA Airways for 325 million euros ($350 million) on Wednesday after ceding routes and slots. The deal will boost Lufthansa’s presence in the lucrative southern European market and is one of three high-profile sector transactions in Europe, underscoring efforts by its airlines to boost scale to offset rising operating costs. ITA also offers key long-haul routes to Lufthansa, which has an option to take full ownership if the Italian airline’s financial performance improves. Lufthansa and ITA agreed to cede Italian short-haul routes to one or two rivals,…

The trailer of John Cena and Awkwafina’s Jackpot! has been unveiled. Set in Los Angeles in 2030, Jackpot! focuses on Katie (Awkwafina), a struggling actress who wins the lottery without realising that the state of California grants everyone else until sundown to murder the winner and claim the prize money without consequences. Helping Katie to stay alive is an amateur lottery protection agent (Cena), who gets a cut of the cash if she survives, according to The Hollywood Reporter. Later, Awkwafina tells him, “I do trust you. I think it’s because you look like a bulldog that, like, a witch…

Brazil must keep focusing on the basics and move one step at a time, coach Dorival Jr said after his side progressed to the Copa America quarterfinals following their 1-1 draw with Colombia on Tuesday. Dorival, who took over in January and only coached four games before the Copa America, led his team into the last eight as runners-up behind Colombia in Group D with five points from three matches. However, the nine-times champions, who drew 0-0 with Costa Rica in their opener, could have had an even more convincing group campaign had they been more clinical. “It’s a process,…

تقديراً لجهوده في تعزيز التعاون الدولي لندن تمنحلاكشمينارايانان مؤسس معهد صناديق الثروة السيادية لقب “فريمان مدينة لندن”ضمن فعاليات مؤتمر الثروة العالمية 2024 2 يوليو 2024، المملكة المتحدة، لندن منحت مدينة لندن السيدلاكشمينارايانان، رئيس مجلس إدارة معهد صناديق الثروة السيادية، لقب “فريمان مدينة لندن” المرموق، وذلكعلى هامش مؤتمر الثروة العالمية 2024 والذي اختتم مؤخراً بعد تحقيق نجاح باهر. ويأتي هذا اللقب العريق تقديراً للإسهامات البارزة التي قدمها السيدنارايانان في القطاع المالي وعرفاناً لجهوده المبذولةفي تعزيز التعاون الدولي في مجال إدارة الثروات. ويُعدلقب “فريمان مدينة لندن” من أكثر التكريمات البريطانية عراقةً، حيث مُنح للمرة الأولى عام 1237، وقد تقلّده منذ ذلك الحين…