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Prosper Acquires 7,000 ASIC Miners from BITMAIN and Secures Strategic Funding to Democratize Bitcoin Mining

Dubai, United Arab Emirates, December 13th, 2024, Chainwire Prosper, a decentralized protocol democratizing access to Bitcoin mining by tokenizing institutional-grade Bitcoin hashrate as omnichain real-world assets (RWA), today announced the acquisition of over 7,000 ASIC miners from BITMAIN along with the successful closing of its strategic funding round. Backed by Metalpha, Waterdrip Capital, BIT Mining

Saudi Arabia: Family of seven killed in horrific traffic accident

Authorities are investigating the circumstances of the incident. Image Credit: AFP file Dubai: Seven members of a single family tragically lost their lives in a devastating accident on the Khurais Al Ahsa road. The victims include the father, Ali bin Mohammed bin Awak Haddadi, his wife, Aish bint Ahmed bin Ali Haddadi, and their five

Dubai Brings Aid Wide Tax on Alcohol Sale

Dubai will reintroduce a 30% tax on alcohol starting January 1, 2025, according to African + Eastern, a well-known alcohol retailer. The Dubai Municipality has informed businesses about this decision through email, stating that the tax will apply to all alcohol purchases from the start of the new year. The 30% tax was originally suspended

Shettima commissions Nigeria’s Oriental Energy’s $315m oil facility in Dubai 

Vice President Kashim Shettima, on Saturday, commissioned a $315m Floating Production, Storage and Offloading (FPSO) built in Dubai by privately-held Nigeria-owned oil company, Oriental Energy Resources Limited. According to a statement by the VP’s spokesman, Stanley Nkwocha, the FPSO, which has a storage capacity of one million barrels, will kick off with an initial production

Landmark Dh350m land deal area to reshape Dubai’s skyline

From left: Kunal Singh Sandhu, Founder, and Nitin Chauhan, Partner, Pride and Property Image Credit: Supplied Pride and Property, a UAE-based boutique real estate firm, has facilitated a landmark land transaction valued at  Dh350 million. The plot, located in the prime business district along Shaikh Zayed Road, is set to host a striking new tower that

UAE traffic updates: Save a query to delays on predominant Dubai roads this weekend

Dubai’s Roads and Transport Authority (RTA) has warned drivers to expect delays on a major road this weekend due to construction work. In a social media post, the RTA announced that First Al Khail Street, from the Al Manara Street intersection to Latifa Bint Hamdan Street, will experience roadworks starting December 13, 2024. "Expect delays

UAE authority considerations safety alert for Google Chrome customers

Google has released security updates for the Chrome browser to fix multiple vulnerabilities. Image Credit: Pixabay (For illustrative purposes only.) Dubai: The UAE Cybersecurity Council issued an advisory urging Google Chrome users to check their browsers and ensure they are using the latest version. The Cybersecurity Council has recommended installing the latest security updates from

These residential areas will salvage unique street connections in Dubai

The 19 areas that will get new road connections in Dubai. Image Credit: Supplied Dubai: The Roads and Transport Authority (RTA) has launched a project to improve road connections in 19 residential areas in Dubai, covering a total length of 11.5 km. The project includes traffic upgrades, roadside parking, sidewalks and street lighting. The areas

Belief Usher Expands World Presence with Fresh Office in Dubai, Strengthening Innovation within the Center East

Middletown, DE, December 12, 2024 --(PR.com)-- Idea Usher, a global leader in technology solutions and app development, proudly announces the opening of its newest office in Dubai, UAE. This expansion marks a significant milestone for Idea Usher as it strengthens its presence in the Middle East, adding Dubai to its global locations across the USA, India

Brit teen jailed in Dubai begs forgiveness after sound asleep with 17-year-mature lady on hols

Marcus Fakana, 18, was on holiday with his family in the UAE when he met and had sex with a 17-year-old British girl - and now faces a year behind bars in a maximum-security jail Marcus Fakana has been jailed for a year in Dubai over a holiday romance ( Image: detainedindubai.org) A British teenager

Travelling for the iciness ruin? Educate these six guidelines for a stress-free meander

• Go to dubaiairports.ae.• Click on ‘flights’ and then ‘flight status’.• Enter your flight number to find out if it is on schedule or there are any delays that you should factor in. Zayed International Airport Abu Dhabi • Visit https://www.zayedinternationalairport.ae/en/• Type in your flight number into the ‘Find your flight’ section on the home

Opening remarks by USTL at promotional seminar “An insider’s level of view of synergy between Hong Kong and United Arab Emirates

Opening remarks by USTL at promotional seminar "An insider's perspective of synergy between Hong Kong and United Arab Emirates - two world maritime and logistics powerhouses" in Dubai (English only) (with photos) ******************************************************************************************      Following are the opening remarks by the Under Secretary for Transport and Logistics, Mr Liu Chun-san, at a promotional seminar
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THA minority leader slams $20m villa beget

News Andrew Gioannetti 9 Hrs Ago THA Minority Leader Kelvon Morris. - File photo TOBAGO House of Assembly (THA) Minority Leader Kelvon Morris has criticised the Tobago Regional Health Authority (TRHA) for allocating a reported $20 million to purchase the Palms Villas Resort in Signal Hill, Tobago. Speaking at a press conference on December 20

Chaitoo’s lawyer: Committee ruling for TTCB ‘flawed on many grounds’

Sports Jonathan Ramnanansingh 11 Hrs Ago Chaguanas West MP Dinesh Rambally - File photo KISWAH Chaitoo’s attorney Dinesh Rambally has described as “flawed on many grounds” the TT Cricket Board’s (TTCB) Supreme Appellate Committee’s (SAC) dismissal of Chaitoo’s appeal against his February 28 removal as TT Cricket Board (TTCB) treasurer. Rambally issued a nine-page document

Ramadhar returns as COP’s interim political chief

News Andrew Gioannetti 11 Hrs Ago Interim political leader of the Congress of the People Prakash Ramadhar - File photo FORMER legal affairs minister and senior attorney Prakash Ramadhar has returned as interim political leader of the Congress of the People (COP). He replaced Kirt Sinnette, who served as acting political leader since 2020 after

Juniper Networks warns Mirai botnet is assist and focused on fresh gadgets

(Image credit: FrameStockFootages / Shutterstock) Juniper Networks warns Mirai botnet is scanning for vulnerable routers The campaign started in mid-December 2024, and includes DDoS attacks Users should tighten up on security, researchers say Operators of the Mirai botnet are back, and looking for easy-to-compromise Session Smart routers to assimilate, experts have warned. Cybersecurity researchers from