#WATCH : #Dubai ’s DXB limits arriving #flights for next 48 hours bit.ly/4aG3SOL

#Cash equivalent #funds saw a $160 billion tax-related outflow in the week to Wednesday, according to a Bank of America's report that cites fund flows and asset allocation from data provider EPFR, while U.S. stocks suffered their second week of outflows bit.ly/3vQpNDY

An analysis by BMI, a #FitchSolutions company, has put the chance of a full-scale war between Israel and Iran involving other countries in the region at 10% bit.ly/4aVFedn

#Israel launched an attack on Iranian soil on Friday, sources said, in the latest tit-for-tat exchange between the two arch foes, whose decades of shadow war has broken out into the open and threatened to drag the region deeper into conflict bit.ly/3Q8hR7S

The Saudi Exchange Company has launched single #stock options (SSOs), a futures #trading contract, for Saudi Arabian Mining Co (Maaden) bit.ly/3vX7vRi

Binance FZE, the #Dubai arm of world’s largest digital assets exchange #Binance , has received its full permit to operate in Dubai following Changpeng Zhao, known as CZ, giving up voting control on the entity bit.ly/49EwzdD

An estimated $295.1 million worth of #investmentbanking fees were generated in the Middle East and North Africa (MENA) during the first quarter (Q1) of 2024, according to data from the London Stock Exchange Group ( #LSEG ) bit.ly/4aWwumI

The Abu Dhabi-listed E7 Group, a provider of commercial printing, security solutions, and distribution services, has signed multiple new contracts with a combined value of 65 million UAE dirhams ($17.69 million), to bolster growth in Middle East, Africa bit.ly/3JIyMuh

The #UAE and the #UK can continue to lead in green technology thanks to 'enormous potential' for the two countries to work together, after the UAE hosted the 'tough #COP ' last year bit.ly/444Mdhf

#WATCH : The capture of container ship MSC Aries by #Iran and the country’s attack on #Israel raised concerns worldwide bit.ly/4cSpysu

Dubai’s Middle East Energy conference, which was due to take place at #Dubai ’s Trade Centre, has been cancelled in its entirety after record-breaking #rainfall hit the country, causing flight cancellations and widespread road blockages bit.ly/3Ui5HM2

The Saudi Fund for Development (SFD) has signed a $40 million loan agreement with the government of Saint Kitts and Nevis to bolster the island nation’s #energy sector bit.ly/4cYaytg

A new #digital assets #hedgefund has launched in Abu Dhabi following an in-principle approval (IPA) from Abu Dhabi’s Financial Services Regulatory Authority (FSRA) with a target of raising $50 million in additional capital this year bit.ly/444S1r1

Generative AI (GenAI) and other #AI tools will transform retail over the next 12 months, according to ‘Retail Reimagined: Creating luxury customer experiences using data-driven insights’, a new report launched by Deloitte Global bit.ly/3TYwRGs

Speculators and holiday homeowners who used their #Dubaiproperties just a couple of times in a year are increasingly opting to #rent for full-year it out to benefit from the spike in #rent alreturns bit.ly/49wv8hm

#Bitcoin halving – a process in which the production rate of the #cryptocurrency is reduced – is expected to see the coin “flirt with new highs” and pass $80,000 in value, according to a new report by Julius Baer bit.ly/49Hyj5U

#Thermalpower will maintain its dominance in the #UAE ’s #power generation mix between 2023 and 2035, thanks to the country’s extensive gas and oil reserves, GlobalData, a London-based data and analytics company, said in a new report bit.ly/3UgNApL

Some #passengers who were scheduled to fly back after the #Eid Al Fitr holidays were stranded due to the cancellation of some flights after #Iran launched a drone and missile attack against #Israel on early Sunday bit.ly/3Jk5xO4

Opposition lawmakers maintained a majority in #Kuwait 's parliament, results showed Friday, after the Gulf state's third parliamentary vote in as many years held just months into the new emir's reign bit.ly/43KSHBE

The Saudi Central Bank ( #SAMA ) has approved the transformation of stc pay into #STCBank with the launch of the beta version bit.ly/3PRMTk6