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UAE crypto push continues as Kraken invades Abu Dhabi

Two other cryptocurrency exchanges have also announced moves to Dubai recently. Another cryptocurrency platform is coming to the United Arab Emirates. Kraken Exchange is establishing its Middle East and North Africa headquarters at Abu Dhabi’s International Financial Center after the exchange obtained the required financial license, the center said in …

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Brent crude falls nearly 10%, OPEC basket drops slightly

Saudi Arabia has acted to keep prices high recently against the wishes of the US. Global oil prices have fallen significantly in recent days. The price of Brent crude oil — considered the global benchmark for oil prices — fell to $100.85 a barrel at around 5 a.m. ET. This …

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Islamic State announces ‘revenge’ attacks during Ramadan

Iraq has stepped up security amid an IS campaign called ‘Battle of Revenge for the Two Sheikhs’ that killed dozens in several countries in the first few days. The Islamic State (IS) has taken responsibility for a rash of attacks in recent days as part of their “Battle of Revenge …

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