Cryptocurrencies rise Friday, bucking broader market meltdown

Bitcoin rose on Friday after China retaliated against President Donald Trump’s tariffs, while stocks continued to crater
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Mubadala puts $436m into BlackRock’s bitcoin ETF

Mubadala has invested $436 million in BlackRock’s bitcoin exchange-traded fund. The Abu Dhabi sovereign wealth fund
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UAE interest in crypto jumps after Trump’s ‘strategic reserve’ call

Interest in cryptocurrencies has accelerated in the UAE after a rally in prices that followed
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Abu Dhabi economy grew 4% to $327bn in 2024

The non-oil sector has pushed Abu Dhabi’s economic growth to a new high. Real GDP
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Trump to visit Saudi Arabia, UAE and Qatar by May

US President Donald Trump said on Monday he plans to visit Saudi Arabia as early
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Carrefour ‘ceases operations’ in Jordan, apologises for ‘any inconvenience’

French multinational retail giant Carrefour has ceased operations in the Kingdom of Jordan, the retailer
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EU to promote company EVs with end to tax breaks

An employee of Volkswagen works on an assembly line to produce the VW ID.3 electric
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Trade war threatens oil demand growth, global energy body says

The IEA noted that crude prices dropped in February and early March as concerns grew
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Driving sustainable finance in Mena: Unlocking economic growth and climate

Following the landmark commitments made at COP28, 70 per cent of Mena’s emissions are now
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OECD lowers global growth projections over ‘trade barriers’, ‘uncertainty’

Trade tensions that have erupted since US President Donald Trump returned to the White House
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