The North Dakota facility was built in a record time of less than 5 months and will add 2.7 exahashes to the company’s global hash rate
Latest News
Golden visa
Spain to end Golden Visa programme on April 3, 2025
Launched in 2013, the Golden Visa Program of Spain is estimated to have made a significant contribution to the country’s economy
Saudi Arabia
Saudi retailer Cenomi fined by CMA for non-disclosure of financials
The franchise retailer has presence in more than 1,650 stores across 100 shopping malls in 11 markets
BNPL
Saudi fintech JeelPay raises $6.6mn in Pre-Series A funding
Joa Capital, AlJazira Capital, and other angel investors participated in the startup’s latest funding round
Adani Enterprises
Controversy-ridden Adani Group to make foray into petrochemical sector; partners with Thailand-based Indorama
Adani Petrochemicals and Indorama will hold a 50% stake each in the joint venture
Beyond ONE
Virgin Mobile rolls out unique ‘Switch Postpaid’ plans in Saudi Arabia
The plan allows customers to pay only for the data they consume
Bahrain
Bahrain’s BRAVE CF wins ‘Global Promotion of the Year 2024’ at 10th annual Fightbook MMA Awards
By showcasing the iconic India vs. Pakistan rivalry inside the MMA cage, BRAVE CF broke traditional norms in the sport, setting the stage for an exciting 2025
Eid Al Adha
UAE holidays 2025: How to get 46 days off with just 17 of annual leave
Book holidays strategically in the UAE and you could double your annual leave allowance
Branded residences
Dubai real estate: AMIS Development completes enabling works for $115mn luxury project
The AED 425 million Dubai development, which launched in January 2024, sold out within a week
Abu Dhabi hotels
Coldplay in Abu Dhabi: Hotel room rates soar 300% as international fans rush to UAE, industry experts say
A lineup of additional concerts is further attracting fans and tourists from the region and neighbouring countries, further boosting the travel and hospitality demand both in Abu Dhabi and Dubai
Azizi Developments
Dubai real estate: Azizi Developments recorded $2.7bn in sales last year, 6,979 units to complete in 2025
Azizi Developments sees spike in sales in Dubai in 2024 and expects to complete 25 projects in 2025
Abu Dhabi
Abu Dhabi launches registration authority to boost business sector, plans new licences
Abu Dhabi introduces registration and licensing authority to regulate business sector in the emirate
Artificial intelligence
UAE jobs boom expected as AI opportunities drive work visa demand
The UAE has emerged as a hub for international jobseekers as thriving economy tipped for significant growth in 2024
National Center of Meteorology (NCM)
UAE weather authorities head to South Pole
UAE scientists head to the South Pole to study meteorology and climate science
Dubai universities
KHDA announces new Dubai scholarship rules and simplified university accreditation
KHDA teams up with Ministry of Higher Education and Scientific Research to support scholarship students and university accreditation
Saudi ministry of commerce
Saudi Arabia sees 67% spike in commercial registrations
Saudi Arabia has more than 1.6m commercial registrations
GCC
GCC population up to 57.6m as trade hits $1.482tn
The GCC is growing in population size and also as an economic force
