The United Arab Emirates (UAE) has ambitious plans to have half of the cars on its roads be electric by 2050. However, estimates from researchers at PwC suggest that by 2030, only 15% of vehicles in the country are expected to be electric. Heiko Seitz, the Global and Middle East eMobility leader at PwC Middle...
Abu Dhabi’s Sovereign Wealth Fund (ADSWF) has made a noteworthy investment of $436 million in Bitcoin exchange-traded funds (ETFs) during the first quarter of 2025. Such large acquisitions by sovereign funds may influence market dynamics and investor sentiment, as they signal increasing confidence in Bitcoin and could drive further institutional investments. This investment, recorded on...