Tag: india live
Tether explores tokenization of Turkey’s boron reserves with new proposal
Tether, the prominent stablecoin issuer, has presented a groundbreaking proposal to the Turkish government, aiming to tokenize the country’s vast boron reserves. Turkey controls over 70% of the world’s boron, a key mineral used in industries such as glass...
ADNEC Group moves to fully acquire Royal Catering Services
ADNEC Group, a subsidiary of Modon Holding, has finalized an agreement to acquire 100% of Abu Dhabi's Royal Catering Services. The financial specifics of the deal have not been disclosed, but this move aligns with ADNEC's broader strategy to expand its po...
Emirates Expands Freighter Fleet with Five New 777s
Emirates has made a significant investment in its cargo capabilities by ordering five additional Boeing 777 freighters, marking a strategic move to enhance its air freight operations. This latest acquisition will expand the airline's freighter fleet to 21...
Bitcoin-Linked Structured Investment Debuts in GCC
The GCC is witnessing a pivotal moment in its financial landscape with the launch of the region's first structured investment linked to Bitcoin. This innovative financial product is designed to offer investors exposure to the world's leading cryptocurrenc...
Saudi Investment in Lucid Fuels $1.67 Billion Stock Offering
Lucid Motors, the electric vehicle manufacturer backed by Saudi Arabia’s Public Investment Fund (PIF), is set to launch a stock sale aiming to raise approximately $1.67 billion. This move comes as the company seeks to bolster its financial position amid o...
Acronis Achieves 68% Revenue Growth Amid Cyber Threats Surge
The cybersecurity sector in the UAE is experiencing unprecedented pressure, as highlighted by Acronis' recent report indicating a staggering 68% revenue increase. This growth is attributed to the rising prevalence of cyber threats, which have intensified...
Chainalysis Faces Court Over $650 Million Defamation Case
A significant legal battle looms as Chainalysis prepares for court regarding a $650 million defamation lawsuit initiated by the creators of YieldNodes. This case, which emerged from allegations that Chainalysis branded YieldNodes as an
Emirates Publishers Association partners with Aramex to boost logistics support
A significant step has been taken to strengthen the UAE's publishing industry, as the Emirates Publishers Association (EPA) signed a Memorandum of Understanding (MoU) with Aramex Emirates LLC. This agreement aims to bolster the logistics framework for loc...
Presight Expands US Surveillance Collaboration Amidst Rising AI Influence
Abu Dhabi-based artificial intelligence (AI) firm, Presight, continues its expansion into global markets, solidifying an agreement with a major US video surveillance company. The deal marks a significant step in Presight’s global AI strategy, positioning...
Filipino Ex-Mayor Faces Serious Allegations of Crime and Corruption
Authorities are investigating former mayor Alice Guo for her alleged connections to a cryptocurrency platform implicated in substantial customer asset theft and money laundering. Guo's name has emerged in relation to the Atom Asset Exchange (AAX), which,...
Bengaluru Airport City Breaks Ground on 2 Million Sq. Ft. Business Park
Bengaluru Airport City has officially launched its new 2 million square feet business park as part of an ambitious effort to bolster the city’s Global Capability Centre (GCC) ecosystem. This development, located within Kempegowda International Airport’s l...
Telegram to Open Office in Kazakhstan Amid Regulatory Cooperation
Telegram has announced plans to establish an office in Kazakhstan as part of efforts to comply with the country’s regulatory framework. The decision comes following an agreement between the Kazakh government and the messaging app to streamline content reg...
WordPress.org takes control of WP Engine’s popular plugin
WordPress.org has taken steps to assert control over a plugin developed by WP Engine, following a series of disputes between the two entities. The conflict, which started with criticisms from WordPress founder Matt Mullenweg, centers on trademark infringe...
Amul Denies Allegations of Ice Cream Tampering Amid Resurfaced Video Controversy
A video that recently resurfaced online has reignited concerns over the alleged tampering of Amul ice cream, sparking a wave of misinformation and public debate. The Gujarat Cooperative Milk Marketing Federation (GCMMF), which oversees the Amul brand, has...
France Farmers Protest Over Broken Promises Escalates Again
French farmers have reignited their protests, expressing deep frustration over the government's unfulfilled promises from earlier in the year. Organized mainly by agricultural unions and regional leaders, this wave of protests stems from unresolved issues...