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Dollars and gold over bitcoin, leading investors tell the Future Investment Initiative Forum

  • Leading investors still see gold and dollars as a safer haven for investments over bitcoin, according to prominent business people speaking at the Future Investment Initiative Forum in Riyadh. Both Larry Fink, head of asset management company BlackRock, and David Solomon, chairman o...
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Cryptocurrencies post record inflows in latest week

  • NEW YORK: Cryptocurrency products and funds had record inflows last week to the tune of $1.5 billion, their 10th straight week of investments, as optimism soared with the trading of bitcoin exchange traded funds, a report from digital asset manager CoinShares showed on Monday. Inflows so far ...
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How Egypt turned the page with a comeback on the regional stage

  • BOGOTA/ABU DHABI: Egypt has experienced a decade of upheaval since the overthrow of Hosni Mubarak in 2011, contending with two revolutions, environmental pressures, and more recently the economic challenges of COVID-19. And yet, this most populous of Arab countries, straddling the African and...
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Biden’s Syria policy leaves US in no-win situation

  • Syria is a mess, but it is not a mess for everyone. Russia is building a strong base through its alliance with President Bashar Assad. Turkey is establishing a justification for a long-term presence as it battles to prevent the establishment of a Kurdish state along its border. Iran also has a ...
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Doctors in Egypt extract mobile phone from patient’s stomach

  • CAIRO: Doctors in Egypt removed a mobile phone from the stomach of a patient who  swallowed the device several months ago, according to local reports.  The Aswan Univeristy Hospital admitted the patient on Friday night suffering severe abdominal pain.  On examination medical ...
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‘Sopranos’ creator David Chase and cast discuss prequel movie ‘The Many Saints of Newark’

  • DUBAI: There’s an ending to “The Many Saints of Newark: A Sopranos Story” that you’ll never see. In it, the young Tony Soprano, played by the late James Gandolfini’s now-22-year-old son Michael, struts directly towards the camera and, as he walks, he stops being the light-hearted kid that ...
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Race hypocrisy a factor in Boston’s mayoral election

  • When Annissa Essaibi George won one of two spots in the race to become Boston’s first woman mayor, everyone thought the main campaign issues would be strengthening the city’s budget, confronting the COVID-19 pandemic and improving Boston’s schools. Instead, the debate has focused on race. Sinc...
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Two-state solution is the only path to peace

  • A coalition of mostly Jewish members of the US Congress has introduced legislation, known as HR 5344, which calls for the implementation of a two-state solution and proposes the creation of a Palestinian state alongside Israel. The bill, whose primary sponsor is Michigan Rep. Andy Levin, has a...
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TikTok announces new updates during first TikTok World event

  • DUBAI: TikTok hosted its first global virtual event, TikTok World, at the end of last month. The event celebrated creators and brands and announced new tools and solutions to help marketers better connect with their audiences. President of Global Business Solutions at TikTok Blake Chandlee sa...
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Cairo’s Downtown Contemporary Arts Festival kicks off with packed schedule

  • DUBAI: A few years ago, a new cultural event, named the Downtown Contemporary Arts Festival (D-CAF), took shape in Cairo. It was to be inaugurated in 2011 but had to be postponed after Egypt was swept up in a massive revolution that year. But the revolution gave birth to a freedom of art...
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