The WIRE by Arabian Post

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The United Nations Office for Disarmament Affairs (UNODA) is launching a creative initiative called the Sci-fAI Futures Youth Challenge. This program targets young people around the world, inviting them to explore the potential benefits and risks of…
Venture capitalists showered cryptocurrency startups with a staggering $2. 4 billion in investments during the first quarter (Q1) of 2024, a significant 40. 3% increase compared to the previous quarter. This funding surge reflects continued investor…
Retail investors are once again piling into meme stocks, with prices soaring after a social media influencer's comeback. However, financial experts are urging caution, warning of a potential repeat of the burns experienced by many in the 2021 me…
Notcoin, a simple game initially launched as a Telegram mini-app, has become a testament to the potential of the Telegram and TON blockchains for fostering successful applications. Within a few months, Notcoin attracted a staggering 35 million activ…
Bankrupt crypto lender Genesis Global Capital has secured a crucial victory in its ongoing restructuring efforts. A US bankruptcy court judge has approved the company's plan to distribute billions of dollars worth of digital assets and cash to c…
EDGE, a prominent Emirati advanced technology and defense group, has inked a $27 million deal with PT Pindad, Indonesia's state-owned defense leader, to supply an ammunition production line. The agreement, signed during a high-profile visit by I…
Voxtron Solution, a leader in innovative communication solutions, has launched Voxvantage, a next-generation cloud contact center solution designed to transform customer interactions across the Middle East. Developed in partnership with long-time co…
Liminal Custody Solutions, a leading provider of digital asset custody and wallet infrastructure, has secured a Financial Services Permission (FSP) license from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA). This …
The construction sector in the United Arab Emirates (UAE) is experiencing a robust upward trend, defying ongoing global challenges like inflation, interest rate hikes, and geopolitical tensions. This positive outlook is driven by a high-value projec…
Dubai is set to become a leader in sustainable water production with the upcoming Hassyan desalination plant. The facility, commissioned by the Dubai Electricity and Water Authority (DEWA) and ACWA Power, will be the second-largest desalination plan…
The Wisconsin State Investment Board (WSIB) made waves in the financial world today after it disclosed the purchase of $99 million worth of shares in BlackRock's iShares Bitcoin Trust ETF. This move marks a significant development, as it represe…
In a technological blunder with significant financial implications, Google Cloud mistakenly deleted the private cloud account of UniSuper, a colossal Australian pension fund holding a staggering $125 billion. This incident sent shivers down the spin…
Hong Kong's fledgling Bitcoin and Ethereum exchange-traded funds (ETFs) witnessed a significant setback this week, with record net outflows exceeding $39 million on Monday alone. This substantial withdrawal effectively erased any gains accumulat…
The Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against Falcon Labs LLC, a crypto prime brokerage firm, alleging that the company illegally facilitated access to digital asset derivatives trading platforms for U.…
OpenAI has pulled back the curtain on GPT-4o, its latest advancement in artificial intelligence. This groundbreaking model transcends the limitations of text-based interactions, boasting real-time comprehension of audio and video. The live demonstra…
OpenAI, the research and development company focused on artificial intelligence, has made significant strides in accessibility and capability with the launch of GPT-4o, its latest flagship AI model, and a redesigned desktop version of its popular ch…
The UAE has emerged as a global leader in shopping satisfaction, with a recent study revealing a strong preference for Click-and-Mortar™ shopping experiences that blend the convenience of digital tools with the physical store environment. The "…
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