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Australian taxi operators secure $178 million settlement from Uber
Uber Technologies Inc has reached a settlement agreement worth A$271.8 million ($178 million) to resolve a class-action lawsuit filed by Australian taxi operators and drivers, alleging…
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UAE-US non-oil trade hits $31.4 billion, expects growth in 2024
Non-oil trade between the UAE and the United States surged to an impressive $31.4 billion in 2023, marking a significant milestone in their economic relations. According to Danny E.…
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Bitcoin correction signals potential dip to $58,000, say experts
Bitcoin faced a setback in its meteoric rise, with the flagship cryptocurrency witnessing a 6% overnight drop to $68,000 on Friday. While the exact catalyst for this decline remains…
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Bitcoin ETFs surge to record high with $1 billion inflows in a day
In a monumental surge, spot bitcoin Exchange-Traded Funds (ETFs) in the United States experienced unprecedented inflows exceeding $1 billion in a single day, marking another milestone…
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Nouran Living – Aldar’s eco-friendly oasis in Saadiyat
Aldar Properties, a prominent real estate developer, has unveiled its inaugural residential project, Nouran Living, located in the bustling Marina District of Saadiyat Island. The…
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Gold prices surge to record highs, caution urged
Gold prices have surged to record highs above $2,200 per ounce, sparking interest among investors. However, experts caution against chasing the market at its current levels, advising…
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Weakened yen spurs exporter rally, Tokyo stocks edge downward
The Tokyo stock market concluded Tuesday’s trading session with a slight downturn, marked by a surge in buying activity among exporters. This surge, fueled by a weakened yen, managed to…
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U.S. investment fraud surges 38% to $4.57B, crypto scams lead
According to the latest FBI Internet Crime Report 2023, losses stemming from cryptocurrency investment scams in the United States skyrocketed to $3.94 billion in the past year, marking…
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Bitcoin’s rally marks a perpetual cycle of boom and bust
Bitcoin, the digital currency famed for its wild price swings, has once again surged to new heights, only to see a rapid descent shortly after. After languishing for a couple of years,…
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Central bank of Egypt unleashes bold monetary measures
The Central Bank of Egypt (CBE) has announced a significant shift in monetary policy, opting to let market dynamics dictate the value of the Egyptian pound (EGP). Simultaneously, the…
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