Analysts said the market awaits further price direction from OPEC’s monthly report, to be released later on Tuesday, before charting the next course
World
Bitcoin
Bitcoin breaks records as Trump wins White House, nearing $90k as crypto market enters boom
With a market capitalisation of $1.75 trillion, the world’s biggest cryptocurrency has surpassed silver’s market value of $1.729 trillion
Bitcoin
Bitcoin price hits all-time high as cryptocurrency market rides on Trump victory wave
With institutional investors said to be positioning for further upside, the flagship digital asset is projected to reach an all-time high of $85,000 in the short-term, market experts said
Breitling
Breitling’s 140-year evolution: Why the luxury watchmaker is opening cafes in Saudi Arabia
The brand is integrating food and beverage offerings into many of its boutiques, including launching Breitling Kitchens in markets such as Saudi Arabia, South Korea, and the UK
cryptocurrencies
OKX takes on crypto’s biggest challenge: Rebuilding trust in the industry
Rifad Mahasneh, General Manager of OKX MENA, on leading a crypto era focused on innovation, transparency, and user empowerment
Brand Finance
Dubai named 5th best city in the world; ranked top in MENA and globally for reputation
Dubai has overtaken cities including Singapore, Los Angeles, Sydney, San Francisco, and Amsterdam to enter global top 5
binance
Binance CEO Richard Teng on the future for crypto, growing pains, and running a multi-billion dollar global company
Today, Binance has 230 million users around the world, and of that figure, a staggering 50 million were added only this year
asset managers
US election: Middle East investors shift to bonds with a focus on Trump trades amidst US-China tech tensions
Regional asset managers and investors are cherry-picking shares of select energy and technology sector companies
Future of Gaming
Global study highlights the massive growth of gaming in the MENA region
Dentsu report says MENA is ‘growth market to keep on your radar’; Gaming spending to reach $2.87 billion in 2028
Bitget
Bitget introduces Bitget Pay for instant zero-fee cross-border cryptocurrency transactions
The launch of the new payment system reflects the ongoing trend toward broader adoption of digital currencies, aiming to meet the growing demand for efficient, borderless financial transactions
Airlines
Biometrics, easy check-in, advanced luggage drops and budget flights – what air passengers REALLY want
Why global air passengers are looking to biometrics and digital wallets to improve airport and airline experiences
Apple
Apple sees record sales in India in July-Sept quarter; to open 4 more stores
The quarter ending September saw Apple’s revenue from iPhone grow in almost every geographic segment worldwide, including the UAE
Alphabet
OpenAI adds new search function to ChatGPT in challenge to Google
OpenAI collaborated extensively with the news industry and gathered feedback from its partners regarding the search function
Apple
Apple unveils new MacBook Pro with powerful new M4 chips
Three new models – with M4, M4 Pro and M4 Max – start at $1,599 and can be pre-ordered now; delivery starts November 8
Cryptocurrency
US election: UAE, Middle East investors turn to gold, equities as election remains impossible to call
Cryptocurrencies are gaining traction as a diversification tool, especially among younger investor demographics who are keen on digital assets
Oil price
Oil prices fall as weak global demand overtakes concerns on Middle East tension
US crude and Brent crude, the international benchmark, tumbled 6 percent Monday, with the US crude falling well below $70 per barrel
China
China’s new mineral export rules put global chip industry on high alert: Report
China produces almost all of the world’s supply of these materials