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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. The cryptocurrency market has been rocked by extreme volatility with crypto lender Celsius Network freezing withdrawals early last week as investors dumped risky assets on fears about aggressive Federal Reserve rate hikes to cool red hot inflation.Cryptocurrency exchange Coinbase Global Inc said it…

The United Arab Emirates has banned the release of Pixar’s Lightyear amid reports the film includes a same-sex kiss. In a tweet posted on Monday (13 June), the UAE’s Media Regulatory Office – part of the country’s Ministry of Youth and Culture – announced that Lightyear “is not licensed for public screening in all cinemas in the UAE, due to its violation of the country’s media content standards”. The film had been scheduled to release in the UAE on Thursday (16 June). “The office confirms that all films screened in…

Jordan and the United Arab Emirates (UAE) have launched an investment fund of $100 million to support the their cooperation in technology, state-run Petra news agency reported.The two Arab countries launched the investment fund on Wednesday, Xinhua news agency reported.Speaking at the launching ceremony in Amman, Jordanian Prime Minister Bisher Khasawneh said the fund is established by joint efforts between Jordan's Ministry of Digital Economy and Entrepreneurship and the ADQ, an Abu Dhabi state holding company.The fund,…

The deal eliminates bilateral tariffs on 96 percent of goods and aims to boost trade volume between the two countries to up to $10 billion. Two-way trade between Israel and the UAE last year totalled some $900 million dollars, according to Israeli figures.…

A United Arab Emirates company signed a contract with the Taliban authorities Tuesday to provide ground handling services at Afghanistan’s three airports, officials said, as the country seeks to resume international transit. Capital Kabul’s only airport was trashed in August when tens of thousands of people rushed to evacuate as the US-led forces withdrew. While some domestic and international flights are still operating out of the facility, it needs significant upgrades for major foreign airlines to restart full service.…

Image used for representation.Saudi Arabia's authority of civil aviation has announced its initiative to prepare a framework that would make international travelling easier.IANS Last Updated:May 11, 2022, 10:58 ISTFOLLOW US ON:Saudi Arabia’s authority of civil aviation has announced its initiative to prepare a framework that would make international travelling easier.The initiative aims to unify procedures to ease work associated with international travel through establishing one digital source that provides the latest…

Emirates Airline has defended its decision to continue its flights to Russia even as other international carriers have halted service, saying that people and government decisions should not be conflated.Speaking to CNBC Tuesday, the chairman and CEO of the Dubai state airline said that it had not received any instruction from the government to cease operations and, therefore, had a duty to passengers to maintain its service."At least we're doing a job. We're connecting people between the two countries," said Sheikh Ahmed …

The United Arab Emirates has purchased a seat on a SpaceX rocket for an Emirati astronaut to journey to the International Space Station for a six-month stay, officials said Friday, the oil-rich federation's first long-term mission as it advances its ambitions in space.The UAE purchased the seat on the SpaceX Falcon 9 rocket through a private Houston-based company, Axiom Space, a space tour operator that has been leading efforts to commercialise the industry. The mission is scheduled for launch next year from the Kennedy…

The 2021 ICC Men's T20 World Cup is being streamed live online, and you can follow the action on both live television as well as OTT platforms, in a number of different ways. Here's what you need to know about the 2021 ICC Men's T20 World Cup and how to watch it online. The cricket tournament kicked off Sunday in Oman, with the co-hosts emerging victorious in their opening round encounter. Oman is one of eight teams — alongside Bangladesh, Ireland, Namibia, Netherlands, Papua New Guinea, Scotland, and Sri Lanka — that is…