Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, marking the cryptocurrency exchange’s first institutional investment.
Sharjah English School marks 50th year with time capsule unveiling
When the first pupils started at Sharjah English School in 1974, they had to stop work and cover their ears every time a plane landed. The handful of pupils were taught next to the runway of what was …
Abu Dhabi-backed investor buys into Binance with $2 bln of crypto
Abu Dhabi investment group MGX has invested $2 billion worth of cryptocurrency into Binance, in what the world’s largest cryptocurrency exchange said on Wednesday was its first institutional investment.
UAE corporate tax: The role of external financial audit
From the college law lectures I attended as a student, I particularly remember the Latin phrase non est factum. While this translation is not strictly accurate, as students we were taught to remember …
AFC Champions League Two: Penalty shootout win takes Sharjah through
SHARJAH, 12th March, 2025 (WAM) – Sharjah FC advanced into the AFC Champions League Two™ 2024/25 semi-finals after defeating Shabab Al Ahli 5-4 on penalties after their quarter-final second leg tie …
Iran rejects nuclear talks as UAE delivers Trump’s letter
The US president says he has proposed talks on a deal to prevent Iran acquiring nuclear weapons and to avert military action.
Iran’s Khamenei spurns US talks offer as UAE envoy delivers Trump letter
Iran’s Supreme Leader Ayatollah Ali Khamenei on Wednesday rejected holding negotiations with the United States over a nuclear deal, as a letter was delivered from U.S. President Donald Trump calling …
How Fintech Startups Can Secure Their First Round of Venture Capital
Breaking Into the VC Game The fintech industry is evolving rapidly, transforming financial services through innovations in digital banking, payments, lending, and blockchain. While venture capital has …
UAE company invests $2B in Binance — the largest investment into a crypto venture ever
An Abu Dhabi-based investment company has invested $2 billion in the Binance crypto exchange. It is the single-largest investment into a crypto venture ever.
Abu Dhabi-backed investor buys into Binance with $2 billion of crypto
By Elizabeth Howcroft and Federico Maccioni DUBAI (Reuters) -Abu Dhabi-backed investment group MGX has made a $2 billion cryptocurrency investment in Binance, the companies said on Wednesday, …
Crypto exchange Binance receives $2 billion from MGX
The Abu Dhabi sovereign wealth fund-backed AI investment company initiated the largest investment ever paid in crypto.
Binance Secures $2 Billion Investment From Abu Dhabi Firm—Paid in Stablecoins
Binance announced Wednesday that Abu Dhabi-based AI and tech investor MGX has put $2 billion into the company, paid in stablecoins.
Coinbase to launch first CFTC-regulated 24/7 Bitcoin, Ethereum Futures in the U.S
Coinbase Derivatives is set to introduce the first CFTC-regulated 24/7 Bitcoin [BTC] and Ethereum [ETH] futures trading in the United States. The launch marks a significant shift in U.S crypto …
The new resort that shows the Maldives is turning into Dubai
It was a packed karaoke night at the Hard Rock Café. Since we’d crept in at the back, two English women had belted out Valerie and a Frenchman had crooned something romantic in his mother tongue. Then …
Abu Dhabi’s MGX Makes Record $2 Billion Investment in Binance
Binance said Abu Dhabi’s MGX has acquired a minority stake for $2 billion, the first institutional investment in the world’s largest cryptocurrency exchange.
‘I’ll Fight Till My Last Breath’: Father In UP Seeks Justice For Daughter Executed In Abu Dhabi
The Banda resident is now preparing to file an application seeking a CBI inquiry into his daughter Shehzadi’s death penalty, which she was handed on being convicted for the murder of a child under her
UAE company invests $2B in Binance in the largest investment into a crypto venture ever
An Abu Dhabi-based investment company has invested $2 billion in the Binance crypto exchange. It is the single-largest investment into a crypto venture ever.