Crypto Moves — Bitcoin, Ether up; Seattle opens world’s first NFT museum | Arab News

The museum opened its doors on Jan.

The bill covers the trading and use of crypto assets, issuance of digital securities, new payment systems and the tokenization of precious metals.

Brent crude futures fell $1.21, or 1.1 percent, to $105.93 a barrel at 0205 GMT, while US West Texas Intermediate crude futures fell 99 cents, or 1 percent, to $103.70 a barrel.

Three missiles also fell near the refinery on April 6 without causing any casualties.

“We’re asking for a considered wind-down period,” said Joerg Kukies in the Financial Times.

“Another factor that adds to all this is the security issue, the high rates of insurance that have come about as a result of the war in Ukraine, plus the European and American curtailment and sanction of the Russian oil industry.

“We are not schoolchildren to be treated with a carrot and stick.

“The Kingdom and the other OPEC members, and the OPEC+ members are sticking to the production quotas that they have assigned themselves.

DUBAI: On a rainy night in Bengaluru, India, Firdosh Sheikh was about to get into a car to go to the airport when the driver asked if she would cancel the ride.

It operates with a subscription model: A driver pays between $50 and $70 per month to become a member and receives 100 percent commission on any ride.

“The biggest challenge is going up against these giants in the industry, like Uber,” she said.

When the concept for the startup was in its initial stages, Sheikh sought equity fundraising from venture capitalists in India.

“People said the concept looked perfect on paper, but implementation looked too ambitious,” said Sheikh, who has a background in finance.

The crypto element appealed to venture capital firms, who gave the startup a leg up with a fundraising round in August 2021 of $2.7 million.

Sheikh’s long-term plans include scaling to 10 cities by the end of this year, starting with the Middle East.

She confirmed that Drife.io had moved its tech and IT operations from India to Dubai with an eye toward regional expansion.

Also, the app does not assign a specific driver, leaving the rider with the freedom to choose based on reviews and a list of cars in the vicinity.

“We need blockchain because it stands for transparency and fairness,” said Sheikh.

Drife.io has already captured the imagination of a few regional venture capitalists, and the company is now aiming for an equity round in June to scale itself globally.

They don’t trust a woman driving in India, much less a woman leading a mobility startup,” said Sheikh.

RIYADH: Placing environmental capital at the heart of their operations, The Red Sea Development Co.

The outcome is outstanding.

He added that prominent among the green goals are O Steel, which prioritizes recycling content, and O Aggregates, which focuses on local suppliers with good environmental management systems. “We are strategically using modular design and lean constru tion approaches to lower person hours worked on-site, plus construction waste produced on-site.

We don’t see the harm of the light anymore, we see it as a safe sign; we just turn on the light and live all the remaining day,” said Ahmad Al-Thaher in an exclusive interview with Arab News.

“If we switch off the lights, immediately, we can see the stars.

“Now with the TRSDC, we see also the hotels, and the resorts are also adopting these principles.

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