The CMA: Compensation for Investors Affected by Violations Committed in the Shares of “Watani Iron Steel Co.”

RIYADH, Saudi Arabia, July 24, 2025 (GLOBE NEWSWIRE) — The Capital Market Authority (CMA) announces the completion of compensation for investors affected by the violations committed in the shares of Watani Iron Steel Co., which occurred before and after the company’s direct listing on the Parallel Market (Nomu). These violations were committed by five individuals … Read more

Bitget’s July Proof-of-Reserves Report Shows 45% Increase in User Holdings for Bitcoin (BTC)

Bitget’s July Proof-of-Reserves Report Shows 45% Increase in User Holdings for Bitcoin (BTC) VICTORIA, Seychelles, July 24, 2025 (GLOBE NEWSWIRE) — Bitget, the world’s leading cryptocurrency exchange and Web3 company, has released its latest Proof-of-Reserves (PoR) data reveals a sharp increase in user-held Bitcoin, with BTC balances surging over 45% month-on-month in July. This marks … Read more

EU Collects Over £33 Billion in VAT Revenues in 2024

Brussels: New figures from Member States show that more than £33 billion in VAT revenues were collected in 2024 via the EU’s e-commerce VAT systems, a clear sign that the 2021 reforms are delivering on their promise to simplify compliance, support businesses, and ensure fairer taxation. According to Emirates News Agency, the One Stop Shop … Read more

ITFC Allocates US$2.66 Billion to Boost Economies in Least Developed Member Countries in 2024

Abu dhabi: The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, has announced the release of its 2024 Annual Development Effectiveness Report (ADER), signaling a significant financial commitment to the world’s least developed nations. According to Emirates News Agency, the ADER is a critical tool that allows ITFC … Read more

UN Official Calls for Immediate Ceasefire in Gaza Amid Escalating Crisis

New york: A senior UN official on Wednesday urged the Security Council to push for an immediate ceasefire in Gaza and the release of all hostages, warning that the war has become ‘a nightmare of historic proportions’. According to Emirates News Agency, Khaled Khiari, Assistant Secretary-General for the Middle East, addressed ministers and ambassadors, emphasizing … Read more

Civilians Injured in Cambodia-Thailand Border Clashes

Surin: Thailand’s army reported that three civilians were injured in a Cambodian rocket strike as clashes erupted between the two countries’ militaries over a disputed border. The conflict took place on Thursday morning along the border separating Thailand’s Surin province and Cambodia’s Oddar Meanchey. According to Emirates News Agency, the Cambodian Defence Ministry stated that … Read more