City Dubai, county Summit Financial News
06.10 / 16:11
NFT
Sport
Football
Bitcoin
From first downs to crypto: A former NFL player gets into digital assets
When things don't go as planned in your career, finding opportunities in other fields is the way to go, according to Lewis Neal, a former National Football League (NFL) defensive tackle.
12.03 / 03:01
Cardano
Blockchain technology
UAE Integrates Cardano Blockchain for Enhanced Criminal Investigation Security
During this year’s World Police Summit in Dubai on March 5-7, the United Arab Emirates made headlines by adopting Cardano blockchain technology to enhance the security of its criminal investigations. The Dubai Police’s use of the technology marks a major step towards blockchains integration into the mainstream.
13.02 / 10:19
Provident
CEO
Action
stage
information
Videos
International
OpenAI CEO Sam Altman warns that 'societal misalignments' could make AI dangerous
OpenAI said Tuesday that the dangers that keep him awake at night regarding artificial intelligence are the «very subtle societal misalignments» that could make the systems wreak havoc. Sam Altman, speaking at the World Government Summit in Dubai via a video call, reiterated his call for a body like the International Atomic Energy Agency to be created to oversee AI that's likely advancing faster than the world expects.
12.02 / 18:39
economy
Dreams
pandemic
War
World economy poised for soft landing we've been dreaming for: IMF's Georgieva
IMF) is now «very confident» the global economy will see a soft landing, its managing director Kristalina Georgieva said on Monday, adding that interest rates would start coming down around mid year. «We are very confident that the world economy is now poised for this soft landing we have been dreaming for,» after some of the sharpest interest rate hikes in decades, Georgieva said at the World Governments Summit in Dubai.
12.02 / 12:05
UPS
Research
country
testing
donates
Schools
UAE launches technology fund for developing nations
fund to finance the development of sophisticated technology in developing nations. The fund was launched with capital of $200 million, financed by the Abu Dhabi government, and will be overseen by the Gulf state's Advanced Technology Research Council (ATRC), the council said.
11.02 / 11:21
economy
show
social
consequences
shock
Updates
IMF's Kristalina Georgieva says she's confident on global economic outlook despite uncertainties
World Governments Summit in Dubai, Georgieva said the IMF would publish a paper on Monday that shows phasing out explicit energy subsidies could save $336 billion in the Middle East, equivalent to the economies of Iraq and Libya combined. She added that in addition to savings, eliminating regressive energy subsidies "discourages pollution, and helps improve social spending," in a copy of the speech published on the IMF website.
29.12 / 17:46
Best Altcoins
Altcoins Rise: Top 10 Performers and Crypto Growth Stories in 2023
The rise of altcoins in 2023 has been fuelled by huge resurgence across the crypto market from the lows of 2023, but what are the top 10 performers and crypto growth stories of the year? Lets dig in.
18.12 / 15:50
ESG
Investment trusts
schroders
REIT
ESG funds
Schroder REIT shareholders greenlight fresh sustainability objective
In the trust’s extraordinary general meeting last week (15 December), 82.7% of votes were cast in favour of the proposal.
12.12 / 15:49
Climate change
carbon emissions
ESG
net zero
COP28
COP28: Stand off over future of fossil fuels pushes Dubai Summit into overtime
COP28 President Al-Jaber at last night's plenary | Credit: UNFCCC
12.12 / 03:55
Reuters
BURST
stage
country
audience
reports
COP28 Summit in Dubai: Indian climate activist Licypriya Kangujam storms stage. Know more about her
COP28 saw many firsts this year. From organizing the COP's first-ever "Health Day" to hosting "the first-ever COP ministerial dialogue on building water-resilient food systems" — there were many events and “landmark" moments that embraced the COP28 climate summit. On Saturday, several countries clashed over a possible agreement to phase out fossil fuels at the COP28 summit in Dubai, jeopardizing attempts to deliver a first-ever commitment to eventually end the use of oil and gas in 30 years of global warming talks.
02.12 / 12:09
Death
country
reports
shock
PM Modi meets Qatar's ruler, discusses well-being of Indian community
Narendra Modi met Qatar's Amir Sheikh Tamim bin Hamad Al-Thani on the sidelines of the COP28 summit in Dubai on Friday, as they discussed bilateral partnership and the well-being of the Indian community in the oil-rich country. The meeting is significant as eight former Indian Navy personnel were on October 26 given death sentences by a court in Qatar and the Indian government has reportedly filed an appeal against the sentence.
02.12 / 03:41
Fighting
President
love
country
voice
social
Friend
#Melodi: Italian PM Giorgia Meloni posts about meeting good friend PM Modi at COP28
Narendra Modi met his Italian counterpart Giorgia Meloni on the sidelines of the United Nations' ongoing 28th Conference of the Parties (COP28) in Dubai on December 1. In a photo post on social media site X (formerly Twitter), Modi wrote in Italian: “Met PM Giorgia Meloni of Italy on the sidelines of the COP28 Summit. Looking forward to collaborative efforts between India and Italy for a sustainable and prosperous future." Also Read: Italy PM Giorgia Meloni applauds PM Modi calls him the ‘most loved leader’ of the world Meloni in turn also posted a selfie with the Indian PM saying, “Good friends at COP28.
02.12 / 02:13
Cooper
Action
President
country
PM Modi meets Israel president in Dubai; emphasises on two-state solution and dialogue
Israel President, on the sidelines of the COP28 Summit in Dubai and emphasised on a two-state solution, dialogue and diplomacy for durable peace. “PM @narendramodi met President @Isaac_Herzog of Israel on the sidelines of #COP28 WCAS in Dubai. The two leaders exchanged views on the ongoing Israel-Hamas conflict in the region. PM expressed his condolences on the loss of lives in the October 07 terror attacks and welcomed the release of hostages,” MEA spokesperson posted on X. The PM reiterated the need for continued and safe delivery of humanitarian aid for the affected population.
01.12 / 15:17
Cooper
Progressive
Action
President
country
PM Modi meets Antonio Guterres, Rishi Sunak, Lula, other world leaders on COP28 sidelines
Guterres on the sidelines of the UN climate summit here and highlighted India's initiatives and progress in achieving climate goals. During the meeting, Modi thanked Guterres for his support during India's G20 Presidency. «Both leaders exchanged views on priorities and concerns of the Global South related to Climate Action, climate finance, technology and reforms of the multilateral governance and financial institutions, including the UN,» a statement by the External Affairs Ministry said in New Delhi.
27.11 / 20:07
26.11 / 15:39
Provident
Action
economy
President
country
reports
PM Modi to attend UN climate talks in Dubai on December 1
Narendra Modi will attend the World Climate Action Summit in Dubai on December 1, the Ministry of External Affairs (MEA) said in a statement on Sunday. The prime minister will reach the United Arab Emirates (UAE) on November 30, at the invitation of H.H.
08.11 / 14:19
business
Adoption
Funding
Donations
How decentralized platforms democratize crypto funding initiatives
While the prevailing traditional financing models resulted in the crypto and blockchain sector raising billions of dollars over the years, they are not without weaknesses, according to Project Catalyst’s group product manager.
08.11 / 10:35
Blockchain
Cardano
Altcoin
global crypto community
Cardano upgrade delays tied to ‘boring’ academic approach — CEO
Cardano has come under fire from critics for delays in the rollout of features and network upgrades. This slower-paced cadence, however, appears to be a badge of honor to Cardano Foundation CEO Frederick Gregaard, who said that the network is “boring,” considering the platform’s academic approach.
06.11 / 10:43
business
Adoption
Web3
Metaverse
Dubai
Metaverse projects failed on lack of correct business model: MetaMinds CEO
The metaverse may no longer have mainstream appeal to some global tech leaders compared to two years ago. However, weaknesses in the testing of the various investments and initiatives in the emerging technology may have resulted in some of them failing.
18.10 / 11:05
Adoption
Binance
regulation
Middle east
Dubai
industry growth
regulatory
Middle East regulatory clarity drives crypto industry growth — Binance FZE head
Major cryptocurrency exchanges and businesses are being lured to a proverbial crypto oasis around the Persian Gulf, according to Binance FZE’s general manager.
06.10 / 10:33
CEO
Citigroup
WhatsApp
show
performer
Barclays hires for top roles in India amid global job cuts
Barclays bank to lay off over 450 employees in UK Sood, Chakka, Credit Suisse and Barclays did not comment on questions. Earlier in August, Barclays PLC named new executives to its top management in India, a major overseas market for the lender.
06.10 / 10:17
Blockchain
interview
KYC
OKX
OKX exec says KYC will ‘raise the bar,’ bring real capital into crypto: Blockchain Economy Dubai 2023
While some areas of the crypto space focus on privacy and anonymity, others focus on raising the standards within the space and on bringing in traditional players and more capital in the world of digital assets.
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