UAE-based ALEC secures contract for Abu Dhabi’s first immersive entertainment venue outside the US, set for 2029 completion. Abu Dhabi’s Department of Culture and Tourism awarded a $1.7bn construction contract to ALEC Engineering and Contracting for Sphere Abu Dhabi. The p
Geopolitical risks and a sharp rise in Spanish producer prices weigh on investor sentiment across European markets. European equities declined as escalating geopolitical risks in the Middle East and Ukraine dampened risk appetite. Ferrari shares led losses in the luxury se
U.S. push for broader Arab-Israeli normalization aims to bolster regional stability and economic ties ahead of Iran negotiations. President Donald Trump has pressed leaders of Saudi Arabia, Qatar, Pakistan, Turkey, Egypt, and Jordan to join the Abraham Accords, a framework
Iranian Supreme Leader Mojtaba Khamenei said during the European trading session on Tuesday that the United States (US) will no longer have safe haven for Middle East bases. Khamenei added that he invites all Islamic countries to cooperate Separately, the Israeli De
On-chain analysts report scammers stole at least $400,000 via fraudulent Google ads impersonating the decentralized exchange. Scammers have stolen at least $400,000 from cryptocurrency users through fake Google ads mimicking Uniswap. The fraudulent ads direct victims to ph
Zcash and Monero decline as US strikes on Iran rattle markets Zcash fell 5.2% to $619, while Monero dropped 4% to $378. The decline in privacy tokens comes after a sharp rally driven by institutional interest. The move tracks renewed Middle East tension and a reb
Gold and silver prices fell as investors bet on a US-Iran agreement despite ongoing military actions in the region. Gold and silver prices declined in Asian trading as optimism over a potential US-Iran peace deal outweighed concerns about recent military strikes. US forces
Oil prices may fall after spiking to $119.48 Oil prices have moved sideways for several months after spiking to $119.48 in response to the war with Iran. The initial decline from that peak to $76.73 on March 11, 2026 appeared impulsive. This decline likely comple
Sri Lanka hikes rates to combat inflation Sri Lanka raised its overnight policy rate by 100 basis points to 8.75% due to surging oil prices and a weakened rupee. The central bank cited elevated global oil prices and rising inflation as the primary drivers of the rate
Crude oil prices climb after US military targets Iranian missile sites and vessels in self-defense strikes. US military strikes in southern Iran pushed crude oil prices higher on Monday, with West Texas Intermediate (WTI) rising 0.60% to $90.01. The operations targeted mis
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