Economy
Bitcoin Dominance Reaches 5-Year High, Hinting at Potential Rally
September 19, 2024
Bitcoin Dominance Reaches 5-Year High, Hinting at Potential Rally
Bitcoin has surged to a dominance level of 57.68%, the highest since April 2019, sparking speculation about a significant market rally, Khaama Press reported yesterday. Currently priced at $59,179, Bitcoin’s recent breakout has caught the attention of investors, particularly as…
Islamic Banking Set to Outpace Conventional Growth in GCC
September 18, 2024
Islamic Banking Set to Outpace Conventional Growth in GCC
Islamic finance is projected to surpass conventional banking growth in the Gulf Cooperation Council (GCC) region, driven by robust economic expansion and increasing demand for Shariah-compliant products, Middle East Monitor reported yesterday citing Moody’s Ratings. Saudi Arabia leads with 85%…