The surge in crude oil prices towards $100 a barrel in early trade on Thursday has sent ripples across global financial markets. The implications of such a price spike extend far beyond the energy sector; it affects global investors and their portfolios in several important ways. One of the most…

The nuclear-powered icebreaker Taimyr and the universal nuclear-powered icebreaker Sibir have recently completed the escort of the bulk carrier Gingo (CapeSize vessel) with a cargo of 164.5 thousand tons of iron ore concentrate in the area of Cape Dezhnev in the waters of the Northern Sea Route. For the first…

Arabian Post Staff Sales transactions in Dubai’s off-plan and secondary segments in Q3 2022 were the highest in 12 years, both in volume and value with 25,456 sales transactions worth AED 69.7 billion, according to Swiss luxury developer DHG Properties, which is set to launch a flagship project in Dubai …

Global crypto exchange Bybit and the Dubai Multi Commodity Centre (DMCC) announced the “Web3 Unleashed: Crypto Innovation Challenge” hackathon, boasting a $100,000 prize pool. …

Arabian Post Staff As much as 88 percent of retailers think the UAE is a great place to operate a retail business, online retail management company Uplo says in a report. The report is based on an in-depth survey of more than 100 retail leader, commissioned through YouGov, and is…

Arabian Post Staff The Russia-Ukraine war and NATO bids have driven recent Distributed Denial of Service (DDoS) attacks growth, according to the findings of 1H2023 DDoS Threat Intelligence Report by Netscout Systems. Cybercriminals launched approximately 7.9 million DDoS attacks in the first half of 2023, representing a 31% year-over-year increase. …

The Far East and Arctic Development Corporation (FEDC) and the logistics integrator Rusatom Cargo (a part of the ROSATOM group) signed a cooperation agreement for the construction of the Western Transportation and Logistics Hub (WHUB) on the margins of the Eastern Economic Forum. The Western HUB in the Murmansk region…

Business intelligence firm MicroStrategy has announced that it acquired an additional 5,445 Bitcoin for $147.3 million, at an average price of $27,053 per BTC. The move was first announced by MicroStrategy’s co-founder and executive chairman Michael Saylor. According to a Form 8-K filing with the U.S. Securities and Exchange Commission, between Aug. 1 and Sept. 24, MicroStrategy and its affiliate entities made the acquisition. By September 24, MicroStrategy and its subsidiaries held around 158,245 BTC in its wallets.

By Oko Davaasuren In today’s rapidly advancing world, nurturing the innovative potential of the next generation has become imperative. It is exciting to see stakeholders across different sectors of society, government, and private institutions, take initiatives to prioritize the development of children and the support of their parents and caregivers…