Business

    Ebay, a major player in e-commerce, has reportedly made substantial changes within its Web3 division, resulting in a significant downsizing. Approximately 30% of the division’s employees have been laid off, including a key figure, David Moore, founder of Knownorigin, an NFT…

    In a groundbreaking move, Egypt and the United Arab Emirates (UAE) have inked a historic investment partnership agreement aimed at transforming the Ras al-Hikma peninsula, situated west of Alexandria, into a premier global destination. This monumental deal, heralded as one…

    The General Administration of Abu Dhabi Customs has reported a remarkable surge in digital customs transactions across the ports of the Emirate of Abu Dhabi in 2023. This surge amounted to an impressive 72% growth compared to figures from 2022, marking a…

    European stock markets experienced a lackluster performance on Tuesday, reflecting the ongoing struggle to uplift sentiment amidst global market uncertainties. The pan-European Stoxx 600 index remained relatively flat, edging down by 0.1% as of 1:20 p.m. in London. Sectoral movements were mixed,…

    Israel’s gross domestic product (GDP) took a significant hit, contracting by nearly 20% in the fourth quarter of 2023, according to official figures released recently. This downturn surpassed earlier predictions by analysts, who had forecasted a contraction of around 10%.…

    A recent Deutsche Bank report has shed light on the staggering financial clout wielded by the U.S. tech giants collectively dubbed the “Magnificent 7.” These industry behemoths, including Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, and Tesla, have surged in profits and market capitalization, surpassing the majority of major countries…

    Technology

    In a groundbreaking fusion of premium sound and high fashion, Bose and Kith unveil the exclusive Kith for Bose Ultra Open Earbuds. This novel collaboration, launching on January 22nd for $300, heralds…

    Sports

    In a meeting at Qasr Al Bahr in Abu Dhabi today, UAE President Sheikh Mohamed bin Zayed Al Nahyan welcomed Gianni Infantino, President of the International Federation of Association Football (FIFA).…

    In a nail-biting semifinal clash at the Stade de la Paix in Bouake, Nigeria clinched a spot in the AFCON final after a tense penalty shootout against South Africa. The Super…