County Gulf Financial News

16.01 / 14:25

Stablecoin Gold Backed Iran and Russia want to issue new stablecoin backed by gold

The Central Bank of Iran is reportedly cooperating with the Russian government to jointly issue a new cryptocurrency backed by gold.

12.01 / 21:47

Corruption scandal: EU Parliament chief vows to review laws and trips in search for undue influence

The European Parliament will review undeclared trips from lawmakers and pieces of legislation that might have been unduly influenced as a result of the alleged cash-for-favours scheme that has unleashed a political storm across Brussels and beyond, President Roberta Metsola has said.

15.12 / 19:43

Corruption scandal: MEPs vote to suspend Qatar access to EU Parliament and halt related legislation

Members of the European Parliament voted on Thursday to suspend access to the hemicycle's premises to Qatari representatives as the Gulf country is suspected of having offered "large sums of money" and "substantial gifts" to MEPs and assistants in a bid to influence European decision-making.

15.12 / 16:51

Technology European Parliament corruption scandal: Roberta Metsola promises 'wide-ranging' reforms for new year

The president of the European Parliament has promised a wide-ranging reform package to be ready in the new year to tackle corruption among MEPS, following the scandal over an alleged attempt by Qatar to buy influence.

13.12 / 16:21

European Parliament corruption Socialist MEPs step down from key roles as European Parliament corruption scandal widens

The socialist group in the European Parliament has asked several of its members to step down from key posts and legislative files as the graft scandal involving one of its most well-known colleagues, Eva Kaili, continues to widen and send shockwaves through Brussels.

12.12 / 19:15

corruption Snow Watch live: European Parliament President Roberta Metsola addresses corruption scandal

Roberta Metsola, the President of the European Parliament, is to address what is perhaps the gravest corruption scandal to hit the hemicycle in recent years.

12.12 / 18:03

corruption London Centre Who is Eva Kaili, the MEP at the centre of the corruption scandal shaking up Brussels?

Eva Kaili is the name on everyone's lips in Brussels.

12.12 / 09:13

Military 'A disgrace that makes Europe weaker’: MEPs dismayed by Qatar corruption scandal

The arrest and charging of four people in connection with an anti-corruption investigation involving members of the European Parliament and a Gulf state, said to be Qatar, could shake Brussels to its core.

09.12 / 16:57

NATO Four linked to EU Parliament arrested amid suspicions of corruption involving a Persian Gulf state

Four people "active in the European Parliament" have been arrested amid suspicions of corruption involving "a Persian Gulf country".

06.10 / 12:31

European Union Qatar World Cup: French cities move to block fan zones showing games

A month before the World Cup, several major French cities have decided to not organise fan zones showing games at football's biggest tournament.

14.09 / 01:30

Adoption Bitcoin Payments Central Bank regulatory OpenNode sets up BTC payment infrastructure in Bank of Bahrain regulatory sandbox

Bitcoin infrastructure provider OpenNode will test a Bitcoin payment processing and payouts solution in the Central Bank of Bahrain’s (CBB) regulatory sandbox, the company announced Sept. 13. This is the latest of several steps the kingdom has taken to join the crypto economy both on its own and as a member of the Cooperation Council for the Arab States of the Gulf (GCC).

09.09 / 20:53

Blockchain cryptocurrency Dubai grants provisional approval to crypto firm Blockchain.com

London-based crypto firm Blockchain.com said it had won a provisional approval to operate in Dubai, becoming the latest in a series of digital asset companies expanding in the Gulf as the region looks to become a hub for blockchain technology.

06.09 / 19:13

Polkadot Bitcoin price today Shiba Inu Bitcoin Bitcoin Price Crypto Price Today Live: Bitcoin edges higher but stays below $20K; Shiba Inu, Polkadot gain 3% each

Bitcoin was trading at $19,836.21, up 0.31 per cent in the last 24 hours. The largest cryptocurrency by market capitalisation is up 0.7 per cent in the last one week. Risk appetite has been weak of late, which has weighed heavily on Bitcoin and other risk assets. Ethereum rose 1.43 per cent to $1,575.07, taking its seven-day rise to 8.36 per cent. BNB edged 0.16 per cent higher to $278.47. This crypto has fallen 0.38 per cent in the last seven sessions. Cardano added 1.32 per cent while Solana gained 2.25 per cent in the last 24 hours. Shiba Inu and Polkadot climbed 3 per cent each.

06.09 / 08:37

Saudi Arabia Hires Crypto Chief, Signaling Warming to Digital Assets

The potential for growth in Saudi Arabia's fascination with cryptocurrencies is real. Former Accenture executive hired by Saudi Central Bank to head crypto and CBDC initiatives. Previously, the Kingdom of Saudi Arabia treated cryptocurrency with more caution.

02.09 / 09:41

COST FIVE Cooper Fitch Warning Turkey's skyrocketing inflation is flashing warning signals for Gulf banks

DUBAI, United Arab Emirates — Banks with exposure to Turkey have faced losses ever since the country's currency began steeply depreciating in 2018; now, lenders in several oil-rich Gulf states in particular are set to take a hit in the next year because of their links to the country, according to a recent report by ratings agency Fitch.

01.08 / 20:39

Altcoins Trading Exchange week Crypto Listing and Delisting Announcements: Week 31

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.

22.06 / 12:41

Adoption regulation Qatar Central Bank in ‘foundation stage‘ of launching digital currency

The 2.8-million nation of Qatar is going to join a growing range of countries, experimenting with the central bank digital currency (CBDC) concept. The Qatar Central Bank (QCB) is currently “in the foundation stage” of issuing its digital currency.

20.06 / 20:09

Altcoins Trading Exchange week Crypto Listing and Delisting Announcements: Week 25

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.

19.06 / 19:25

cryptocurrency Dubai Jobs BitOasis Middle East-focused crypto firm BitOasis cuts jobs amid sector turmoil

BitOasis, a Middle East-focused cryptocurrency exchange based in the United Arab Emirates, said on Sunday it laid off nine of its staff, the latest company in the sector to cut jobs in the face of a downturn and market turmoil.

13.06 / 19:27

Altcoins Trading Exchange week Crypto Listing and Delisting Announcements: Week 24

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.

26.04 / 19:39

Social Media European Union Royal Family Spain’s King Felipe VI unveils €2.6m assets amid push for more transparency

King Felipe VI of Spain has made public his personal assets of €2.6 million ($2.77 million) for the first time.

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