The WIRE by Arabian Post

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By Rania Gule The price of gold (XAU/USD) came under some selling pressure yesterday, dropping once again near the weekly low of $2155 before starting today's Friday trading at $2165.25. This was in response to higher-than-expected U.S. Produc…
Dubai's diamond industry continues its impressive growth trajectory, solidifying its position as a global leader in the diamond trade. According to the Dubai Multi Commodities Centre (DMCC), the total value of rough and polished diamonds traded …
The plight of over 280 abducted students in Nigeria has intensified as kidnappers made a ransom demand exceeding $600,000 for their release. This incident, the latest in a string of mass kidnappings plaguing the country, has reignited national outra…
For busy individuals who prioritize time-saving efficiency in their travels, light private jets offer a compelling alternative to commercial airlines. But for those who crave not just convenience but breakneck speed, a select group of light jets sta…
Qantas Freight is undergoing a significant transformation, phasing out its Boeing freighter fleet entirely in favor of Airbus models by the end of 2024. This strategic shift marks a complete overhaul of their cargo aircraft composition, reflecting a…
The prospect of an extended Eid Al Fitr holiday in April is triggering a surge in travel demand among UAE residents. With whispers of a potential nine-day break circulating, residents are scrambling to secure getaways, with all-inclusive packages pr…
The price of Dogecoin (DOGE), the meme-inspired cryptocurrency, rocketed by 10.53% following a tweet from Tesla and SpaceX CEO Elon Musk. In the tweet, Musk made a two-pronged statement regarding DOGE. First, he revealed that Tesla would begin accep…
A US judge has rejected attempts by cryptocurrency exchange Gemini and its lending partner Genesis Global Capital to dismiss a lawsuit brought by the Securities and Exchange Commission (SEC) regarding Gemini's Earn program. The SEC alleges that …
Bee Network, a recently launched cryptocurrency project, has sparked a hive of debate within the crypto community. While the app boasts a user-friendly mining process and a rapidly growing user base, its legitimacy remains a question mark for some. …
Gone are the days of simple remote-controlled cars sputtering around the living room floor. Today's RC car market caters to a growing segment of enthusiasts – "big kids" seeking adrenaline-pumping speed, precision control, and off-road…
The European Union's ambitious legislation governing artificial intelligence (AI) is on the cusp of becoming law, ushering in a new era of regulation for the rapidly evolving technology. The AI Act, hailed as the world's first comprehensive…
The convergence of the AI boom and the global energy transition is a compelling investment opportunity for forward-thinking investors, says the CEO and founder of one of the world’s largest independent financial advisory, asset management and fint…
U.S. authorities announced the recovery of $1.4 million worth of Tether (USDT) cryptocurrency on March 12th. The funds are suspected to be proceeds from a fraudulent customer support scheme that preyed on elderly victims. The operation, a joint effo…
The cryptocurrency market is abuzz with renewed optimism as Bitcoin, the world's leading digital currency, experiences a significant surge in daily investment. Data indicates that capital inflows into Bitcoin have reached $2 billion, a level las…
South Korea's National Tax Service (NTS) is taking a significant step towards clamping down on cryptocurrency tax evasion with the development of a virtual asset tax system. This system, expected to be operational by 2025, aims to enhance transp…
Saudi Arabia is poised for a metamorphosis. Long known for its oil reserves and conservative traditions, the kingdom is now setting its sights on a future gleaming with innovation and futuristic megacities. This ambitious vision, spearheaded by Crow…
Elon Musk, a prominent figure in the technology industry, has reignited discussions about artificial intelligence (AI) with his recent predictions on its development. In a social media post, Musk suggested that AI could surpass the cognitive abiliti…
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