btabloidEditor

115 published stories

The basics of Bitcoin

While everyone’s heard of Bitcoin, not everyone knows how it works. So, here’s a technical yet accessible explanation to ensure you are up to speed. Australian crypto exchange Mine Digital has outlined the origins of the cryptocurrency and why it’s so secure, so if you’ve always dreamed of investing in a decentralised alternative to traditional currency […]

btabloidEditor16 October 20192 min read

Banking

Global bank consortium to build new tech platform for primary markets

A group of leading financial institutions have come together to develop a new technology platform to streamline communications within the primary market. The backers of the new DirectBooks platform include Bank of America, Barclays, BNP Paribas, Citi, Deutsche Bank, Goldman Sachs, JPMorgan, Morgan Stanley, and Wells Fargo. DirectBooks aims to bridge the communications gap between […]

btabloidEditor16 October 20191 min read

Banking

NatWest launches digital and innovation apprentice programme

UK bank NatWest has teamed up with a social mobility charity to launch a digital and innovation apprentice programme. Working with Leadership Through Sport & Business (LTSB), the bank invited applicants from communities across several London boroughs to take part in a month-long boot camp in September, where they were assessed on their decision-making and […]

btabloidEditor16 October 20191 min read

Real Estate

Why Dubai matters to the rich?

Dubai ranks third among the world’s top cities that are expected to grow strongly in terms of total wealth over the next 10 years, according to a study released on Thursday. “Dubai, the top financial centre in the Middle East, is also one of the safest cities in the region and a popular destination for […]

btabloidEditor16 October 20194 min read

UAE launches economic free zone_business tabloid

Leadership

100% foreign ownership: UAE launches economic free zones for space firms

The UAE has launched economic free zones and infrastructure for space firms, with 100 per cent ownership, to attract more space investment into the country. This is part of the National Space Strategy 2030 and Space Investment Plan, which has now been approved by the government and is in effect. The UAE Space Agency made […]

btabloidEditor16 October 20193 min read

US UK access data from Facebook & Google

Technology

US, UK sign first-ever deal to access data from tech companies like Facebook and Google

The U.S. and the U.K. have signed a first-of-its-kind agreement that will allow law enforcement agencies in the countries to access data from tech companies more quickly in criminal investigations. In a press release late Thursday, the Justice Department said the historic agreement will “dramatically speed up investigations by removing legal barriers to timely and effective […]

btabloidEditor7 October 20192 min read

Finance

Can Wall Street manipulate the Bitcoin futures market?

New research suggests a possible correlation between the price of Bitcoin and the settlement dates of CME Bitcoin Futures contracts. Bitcoin fell 75 percent of the time in the lead up to CME settlement dates. Analysts from Norwegian research firm Arcane Crypto revealed that between January 2018 and August 2019, Bitcoin fell 75 percent of the time […]

btabloidEditor7 October 20194 min read

Technology

Emirati humanoid teaches culture at Gitex Technology Week

World-famous Sophia the humanoid robot may have accepted the Saudi Arabian citizenship already, but now the UAE also has a robot that has Emirati written all over it. A group of UAE University students have created Bu Saif – a robot that speaks Arabic and teaches UAE history and culture. Dressed in traditional Emirati attire, […]

btabloidEditor7 October 20191 min read

Technology

Vision to connect the entire Gulf with Hyperloop, Abu Dhabi to Riyadh in 48 minutes

Virgin Hyperloop One, the company that is developing futuristic transit systems in the UAE and India, is looking to connect Gulf countries as well as areas within Dubai, drastically reducing travel time, a senior official said on Sunday.“We have a vision to connect Gulf region which will enable travelling from Abu Dhabi to Riyadh in […]

btabloidEditor7 October 20192 min read

Technology

Self-driving cabs may hit UAE roads next year

Next year, the UAE can possibly have its first ‘robotaxi’ – or a cab without the cabbie – if a self-driving car startup gets the partnership it needs to run the business in the UAE. AutoX, a firm based in Hong Kong, is in talks with some UAE companies and groups and, if all goes […]

btabloidEditor7 October 20192 min read

Banking

Banks join forces on digital platform to help firms trade globally

A group of 14 banks – including Santander, RBC and MUFG – has launched a digital platform designed to tackle international trade barriers. The Trade Club Alliance aims to identify businesses that are looking to trade goods internationally and provide them with insight on regulations and trade tariffs for the relevant countries. Members will get […]

btabloidEditor7 October 20191 min read

Banking

Bank jobs to be decimated by new technology

Analysts at Wells Fargo are forecasting that up to ten percent of bank jobs in the US will be wiped out by ongoing technological progress in the next ten years. As many as 200,000 jobs will disappear as machines replace labour during a new ‘golden age of banking efficiency’, the 225-page report states. And it’s […]

btabloidEditor7 October 20191 min read