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The acceleration of economic activity in the Emirates jumps by First Abu Dhabi 3%
The acceleration of economic activity in the Emirates jumps by First Abu Dhabi 3%

Gaza post First  Abu Dhabi Bank, the largest UAE bank, achieved a 3% increase in first quarter net profit in the 2021/2022 current year.   First  Abu Dhabi  said it expected to benefit from an acceleration of economic activity and corporate business.   The Bank announced a net profit of 2.476 billion...More

Bitcoin falls as a result of Turkey's ban on cryptocurrency payments
Bitcoin falls as a result of Turkey's ban on cryptocurrency payments

Gaza post Bitcoin fell more than 4% on Friday after Turkey's central bank prohibited the use of cryptocurrencies and crypto assets for transactions, citing the possibility of "irreparable" harm and transaction risks.   The central bank stated in legislation published in the Official Gazette that cryptocurrencies and...More

President of American Central, cybercrime is major threat to the global economy
President of American Central, cybercrime is major threat to the global economy

Gaza post US Federal Reserve Chairman Jerome Powell announced yesterday that he is more concerned about the risk of a massive cyber attack than about the possibility of a global financial crisis similar to that of 2008.   Powell told CBS News' "60 Minutes" that the risks of a crisis similar to that of 2008 with governments needing to...More

Increase the wealth of world's richest by 54% during Corona pandemic
Increase the wealth of world's richest by 54% during Corona pandemic

Gaza post An analysis by the Inequality Programme of the Institute for Policy Studies showed, increasing the wealth of the world's 2365 billionaires $4 trillion during the first year of the Corona pandemic.   According to the analysis, between March 18, 2020, and March 18, 2021, the wealth held by billionaires in the world jumped from...More

Digital Currency Rocks Up After Musk's Tweet
Digital Currency Rocks Up After Musk's Tweet

Gaza post The digital currency Dogecoin rocks up form on Thursday, after a tweet by renowned American businessman Elon Musk about the digital currency.   The famous American businessman said in a tweet today that he would send Dogecoin's coin to the moon.   The digital currency then jumped about 20%, and by 13:30...More

Biden: We're looking at how to help resolve the Suez Canal situation
Biden: We're looking at how to help resolve the Suez Canal situation

Gaza post U.S. President Joe Biden said on Friday that the United States has equipment and capabilities that most countries do not have, and is looking at how to help resolve the Suez Canal situation.   Earlier, White House spokeswoman Jeanne Basaki stated that President Joe Biden's administration expected some impact of the Suez...More

Saudi Arabia's economy shrunk (4.1%) in 2020
Saudi Arabia's economy shrunk (4.1%) in 2020

Gaza Post Riyad: Saudi GDP contracted 4.1 per cent last year, against 0.3 per cent growth in 2019, under pressure from the Corona pandemic, and falling oil prices.   In its final report on Tuesday, Saudi Statistics reported an 8.5 per cent contraction in the oil sector, and a 0.8 per cent non-oil sector, last year.   The...More

Corona Pandemic affects criminal groups's profits negatively. Read more
Corona Pandemic affects criminal groups's profits negatively. Read more

Gaza Post The head of an organized criminal group in Japan, said that his "business" has been hit so hard by the Corona pandemic, which has harshly affected profits.   The group, known as the Yakuza, is known for making money through illegal means such as gambling, drug trafficking and overseeing legitimate businesses by...More

A 450 year- old British cafe closed due to Corona
A 450 year- old British cafe closed due to Corona

The British authorities are preparing to close the "The Lam and Flag" Café, which has been working for more than 450 years, at the end of this month, as a result of the economic losses it suffered due to coronavirus. The old café, which was frequented by a number of writers and intellectuals, is owned by the prestigious...More

The Password that is Worth About $240 Million.
The Password that is Worth About $240 Million.

Gaza post A computer programmer experiences a tragedy that may haunt him for the rest of his life.   Stefan Thomas, a German-born computer programmer living in San Francisco in the United State, unfortunately did not remember the password for his £240 million dollars bitcoin wallet .   Ten years ago, Thomas was given...More

New Facts about Bitcoin Since the Start of the New Year
New Facts about Bitcoin Since the Start of the New Year

Gaza_post A City watchdog has warned consumers should be prepared to lose all their money if they invest in schemes promising high returns from digital currencies such as bitcoin. On Monday, the volatile essence of cryptoassets was again illustrated as bitcoin fell 28 percent from Friday's $42,000 record high, having doubled its...More

Meet the richest person on the Planet!
Meet the richest person on the Planet!

Gaza post Elon Musk, CEO of Tesla Inc. and SpaceX, became on Thursday,7/1/2021 the richest person in the whole world surpassing Jeff Bezos, the founder and CEO of the e-commerce company "Amazon" and the owner of The Washington Post.  Elon musk is a 49 years-old Canadian businessman, US citizen, South Africa-born engineer,...More